Are you in search of a unique investment opportunity in Southern Indiana? Look no further than this Indiana Investment Property for Sale, offering a rare chance to own 60.01 acres of prime land in scenic Floyd County. What makes this property even more enticing is the fact that it includes not just one, but two homes, both boasting breathtaking views of the downtown Louisville skyline.
Nestled amidst a private oasis, this property offers a park-like setting that is secluded from the hustle and bustle of everyday life, yet conveniently close to all essential amenities. With easy access to the Sherman Minton Bridge, you’ll have no trouble reaching your desired destinations in a jiffy.
The two homes on the property are currently being utilized as rental properties, adding an additional layer of income potential for savvy investors. The first home, 4259 Stone Mountain, was built in 1996 and features 2 bedrooms, 1 bathroom, and a front entry. It also boasts a spacious 2 car attached garage measuring 30×30. Currently rented for $1,800 per month, the water expenses are covered by the seller, while the tenant is responsible for all other utilities.
The second home, 4261 Stone Mountain, was constructed in 1989 and offers 2 bedrooms and 2 bathrooms. This charming abode comes complete with a detached 2 car garage measuring 24×30. Currently rented for $2,000 per month, this property presents an excellent opportunity for additional passive income.
While the two existing homes are already generating income, the remaining 60 acres still hold immense potential for a couple more impressive building sites. Imagine designing and constructing your dream home amidst the tranquil beauty of this sprawling estate. With the opportunity to create your own piece of paradise, this is an opportunity that is hard to come by in Southern Indiana.
What sets this property apart from others is the undeniable Gatlinburg feel it exudes. Surrounded by nature’s beauty, you’ll feel a true sense of serenity and peace as you take in the stunning views of the downtown Louisville skyline from the comfort of your own backyard. Whether you’re looking for a personal retreat or an investment with substantial income potential, this Indiana Investment Property for Sale ticks all the boxes.
Don’t miss out on this unique opportunity to own 60.01 acres of prime land in Floyd County, complete with two charming homes and unrivaled views. With its secluded yet convenient location and the potential for additional building sites, this property offers a once-in-a-lifetime chance to create your own slice of heaven in Southern Indiana. Act now and make this dream a reality.
4259/4261 Stone Mountain, New Albany, IN 47150