5344 S State Road 145, French Lick, IN 47432

Property Description

Located just south of Historic French Lick along State Road 145, this 1+/- acre property offers a 1,094 sq. ft. 2-bedroom, 1-bath block home with a full basement and plenty of potential. Built in 1952, the home features durable block construction, an efficient one-level layout, and only two short steps to the main entry. An enclosed porch currently provides additional storage and utility space and could potentially be converted back to a screened porch. The porch also provides covered access to the full basement. The home offers multiple heating options, including a wood-burning furnace with a blower connected to the central ductwork, a propane furnace, a ventless gas log fireplace, and a heat pump with central air conditioning. An owned 500-gallon propane tank provides additional utility. The home is connected to Patoka Regional Rural Water and also has a disconnected drilled well that may be capable of being returned to service, subject to inspection. Orange REMC provides electric service, and Orange Fiber provides fiber internet access. A metal roof installed approximately 22 years ago continues to protect the home. The property does need substantial updating and remodeling, but the solid block construction, existing mechanical systems, basement, and utility infrastructure provide a strong starting point for renovation. The location is a major asset. Situated between French Lick and Patoka Lake, the property offers convenient access to Southern Indiana recreation, tourism, dining, lodging, and outdoor activities. Patoka Lake and Hoosier National Forest are nearby for boating, fishing, hiking, camping, hunting, and other recreation. This property could appeal to a buyer seeking a primary residence, a weekend retreat, a renovation project, or an investment opportunity. Its location near French Lick and Patoka Lake may also warrant consideration for potential short-term rental use, subject to applicable regulations. The home is also being offered with the adjoining 14.56+/- acres, creating a 15.56+/- acre home and recreational property package. This provides an opportunity to acquire the residence and additional acreage together or purchase the home separately.