FOR SALE
$499,000

41 Blue Spring Cabin
Mitchell, IN 47446

Land
Residence
41.05
Acre Lot
1of
Photos
Map
Courtesy: Delmar Wagler - Integrity Realty Group LLC
IRMLS> Indiana> Mitchell> 47446
Hello River, Hello Boats, Hello Cabins, Hello Friends, Hello Grills, Hello Campfires, AND GOODBYE BIG CITY! (at least for the Week End) Here you have 41 +/- Acres located in Lawrence County Indiana on a Paved Road. The River Portion of the property is very secluded from the Road. This property provides arguably the nicest flat area basin on the East Fork of the White River. ⢠There are 6 Cabins included that will be transferred to the new Owner with the sale of this property with Bills of Sale. Two of these have Block Foundations and are in relatively good shape. These 2 would be a good fit to advertise on Airbnb for Family Vacation Rentals. Giving the Vacationers access to your Nice Shelter House, the River, and the Boat Ramp. You are sure to be booked solid through the Summer Months. These two cabins alone could bring in a very good Income throughout the year. ⢠Why not put in 10 New Tiny Homes/Cabins and Lease them all out for Family Get-a-ways. ⢠There are Tested Wells, and State Approved Septic Systems in place. ⢠There is a 50X80 Pole Barn wâ18 ft clearance and a 16X20 Garage door that is currently being leased for Winter Boat Storage. ⢠There are currently 7 Tenant/Owned Structures on the Property. The Tenants pay a Monthly Lot Lease ranging from $175-$200 per Month. There is an on-site Gentleman that oversees the Rent Collections. Your long term plan will likely include; keeping the nicest Tenant/Cabins, and having some of the lower end cabins updated or cleaned up. This will improve the overall appearance of your Camp Ground Setting. ⢠Housing Development Possibility on the top 20 Acres. ⢠The possibilities of this unique property are limited only by your imagination: Why not put in 10 New Tiny Homes/Cabins and Lease them all out for Family Get-a-ways, Camp Sites, Concerts, Weddings, Boat Ramp Rental, Birth Day Parties, and more.
202109663
Land
Lawrence County
41.05 Acres
City, Well
Septic
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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