Boutique Hotel with Off-Street
For Sale
$595,000
Pending
240 E Farver Street, Shipshewana, IN 46565
COMMERCIAL - Shipshewana, IN
Property SizeContact for details
Lot Size1.14 Acres
Days on Market94
Property Features for 240 E Farver Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Directions
From the Intersection of State Road 5 (Van Buren) & 200 North (Farver St.): Travel east to the property. Watch for auction signs!
Subdivision
LaGrange County
Standard status
Pending
APN
44-05-11-300-000.064-015
Lot size
1.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OUT W 1/2 SW 1/4 1.055 AC
Tax Annual Amount
10865
Legal Description
OUT W 1/2 SW 1/4 1.055 AC
Utilities
Cooling system
Central Air
Building Details
Year built
1969
Flooring type
Laminate, Wood, Carpet, Tile - Ceramic
Roof type
Asphalt
Listing Agency:
Grogg Martin Realty
(260) 350-7331
Listed By:
Michael Patka
(260) 350-8603
Added: May 28
Changed: Aug 4
Last Checked: Aug 29 at 5:06AM
MLS# 202620507
Copyright © 2026 Northeastern Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Old Carriage Inn is a boutique lodging property offering 11 guest rooms plus an owner’s 3-bedroom living quarters. The building includes a basement and finished interiors with ceramic tile, wood, carpet, and laminate flooring. Central air is provided for cooling, and the property has an asphalt shingle roof. Off-street parking is available on site.
Located at 240 E Farver Street in Shipshewana, Indiana, the property sits directly across from the Michiana Event Center. It also features a walking path to one of the largest flea markets in the United States and is just minutes from the Blue Gate Theatre entertainment district, placing it in the area’s tourism and event corridor.
The configuration supports guest lodging with on-site owner space, with the property positioned for event-driven demand in the local entertainment and tourism area.
Located at 240 E Farver Street in Shipshewana, Indiana, the property sits directly across from the Michiana Event Center. It also features a walking path to one of the largest flea markets in the United States and is just minutes from the Blue Gate Theatre entertainment district, placing it in the area’s tourism and event corridor.
The configuration supports guest lodging with on-site owner space, with the property positioned for event-driven demand in the local entertainment and tourism area.
Key Highlights
- 11‑room boutique lodging property plus owner’s 3‑bedroom living quarters
- Directly across from Michiana Event Center
- Walking path to one of the largest flea markets in the United States
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
Demographics for 46565, IN
9,104
Population
2,574
Households
3.5
Avg Household Size
27
Median Age
7%
College-Educated
39%
High-School Grad
63.2 sq mi
ZIP Area
144
Density / Sq Mi
$95,578
Median Household Income
$52,902
Median Earnings
$806
Median Rent
$318,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Boutique hotel with 11 guest rooms, owner living quarters, central air, and off-street parking on a 1.14-acre site.
Where is this hotel located?
The property is located at 240 E Farver Street Shipshewana, IN.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 11‑room boutique lodging property plus owner’s 3‑bedroom living quarters; Directly across from Michiana Event Center; Walking path to one of the largest flea markets in the United States
