$4,600,000
$46M PRICE DROP

9530 Indiana 56 French Lick, IN 47432

Estimated payment $31,981/month

Total Views 4,536
2.91 Acres
$1,583,477 Price per Acre
126,542 Sq Ft Lot

About This Lot

9530 W State Road 56, French Lick, IN.. Qualified Operators/Investors here is your opportunity to own the Comfort Suites in French Lick! Major Property Improvement Program (PIP) Just Completed, Plus New Roof and Gutters. All new furniture and TV's. 80 Rooms, Dining Area, Indoor Swimming Pool, Business Center, Dining Area and Meeting Room. This property is only minutes away from all the amenities of the French Lick-Resort Casino, West Baden Springs Hotel, Big Splash Water Park, Paoli Peaks Ski Resort and Patoka Lake! Where guest can enjoy Golf, Casino, Entertainment, Boating and Fishing, Water and Winter Skiing, Bowling,1000's of acres of the Hoosier National Forrest, a Variety of Dining Options and much more. With the PIP just completed and business is increasing. $4,700,000.00

Listing Agent

Brooks Galloway

Brooks Galloway Real Estate Brokerage Phone: 812-936-7301 Listed on: 10/25/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $83,000

Lot Details

  • 2.91 Acre Lot
  • Property fronts a state road
  • Finished Lot(s)

Parking

  • Driveway
  • Parking Lot

Schools

  • Springs Valley Elementary School
  • Springs Valley Jr/Sr Middle School
  • Springs Valley Jr/Sr High School

Listing and Financial Details

  • Assessor Parcel Number 59-12-09-600-053.002-002

Property Details

Property Type

Land

Est. Annual Taxes

$83,000

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: PT SE NW & PT NE SW 9 1N 2W; 2.482 A. PT SE NW & PT NE SW 9 1N 2W; .423 A.
  • Parcel Number ID: 59-12-09-600-053.002-002
  • Platted: Yes
  • Parcel Id2: 59-12-09-600-053.003-002
  • Road Access: State
  • Road Surface: Asphalt
  • Parcel Description: Level, 0-2.9999
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Commercial
  • Year Taxes Payable: 2023
  • Special Features: None

Exterior Features

  • Road Frontage: State

Garage/Parking

  • Parking: Lot

Utilities

  • Water Utilities: Public
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: City

Schools

  • School District: Springs Valley Community Schools
  • Elementary School: Springs Valley
  • Middle School: Springs Valley Jr/Sr
  • High School: Springs Valley Jr/Sr
  • Elementary School: Springs Valley

Lot Info

  • Lot Dimensions: Unknown
  • Estimated Lot Sq Ft: 126542
  • Estimated Lot Size Acres: 2.905

Tax Info

  • Annual Taxes: 83000

MLS Schools

  • High School: Springs Valley Jr/Sr
  • Middle School: Springs Valley Jr/Sr
  • School District: Springs Valley Community Schools

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $4,600,000 -2.1% --
04/28/2025 04/28/25 For Sale $4,700,000 0.0% --
04/28/2025 04/28/25 Price Changed $4,700,000 -7.8% --
11/21/2024 11/21/24 Off Market $5,100,000 -- --
10/29/2024 10/29/24 Price Changed $5,100,000 -90.0% --
10/25/2024 10/25/24 For Sale $51,000,000 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202441774

Indiana Regional MLS