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Renovated Farm with Event Pavilion
New
For Sale
$1,550,000

8160 State Road 159, Terre Haute, IN 47802

Renovated rural farm combines tillable ground, ponds, wooded acreage, a residence, and established event infrastructure.

Property Size90 SF
Price / SF$17,222
Days on Market2

Property Features for 8160 State Road 159

General Information

Standard status Active
Size 90 SF
Property subtype Hunting Land
Listed By: Trey Clark · License #RB14046146
Source: Indianalandandlifestyle
Added: Sep 18 Last Checked: Sep 19 at 6:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trey Clark

Investment Insights

Based on property information with market context.

This rural farm includes a renovated 2,370-square-foot residence with four bedrooms and two full bathrooms. The home was rebuilt from the studs in 2020, with updated windows, interior finishes, roof, and A/C system. Gas heat, a private well, septic mound system, security system, and high-speed internet are in place. The property also includes approximately 28 acres of tillable ground, two ponds totaling approximately 11 acres of water, and primarily wooded acreage.

Event improvements include a 260-by-60-foot pavilion built in 1997, approximately 20-by-60 feet of enclosed storage, a 12-by-45-foot restroom building, and four additional 16-by-24-foot pavilions. Supporting improvements include a partially heated 30-by-40-foot pole barn, a 24-by-24-foot detached garage, and a water pump house. New roofs were installed in 2024 on the garage, pole barn, restroom building, and pump house. The property is located at 8160 State Road 159 in Terre Haute, Indiana, within Vigo County.

Key Highlights

  • 2,370‑square‑foot home with 4 bedrooms and 2 full bathrooms
  • Approximately 28 acres of tillable ground and two ponds totaling approximately 11 acres of water
  • 260' x 60' event pavilion built in 1997 with approximately 20' x 60' of enclosed storage

Property Analytics

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Current Use

Wedding venues

Suggested Use

Top Pick Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 47802, IN

34,229
Population
14,682
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
158.8 sq mi
ZIP Area
216
Density / Sq Mi
$58,880
Median Household Income
$36,457
Median Earnings
$865
Median Rent
$165,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Farm - Renovated rural farm combines tillable ground, ponds, wooded acreage, a residence, and established event infrastructure.
Where is this farm located?
The property is located at 8160 State Road 159 Terre Haute, IN.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 2,370‑square‑foot home with 4 bedrooms and 2 full bathrooms; Approximately 28 acres of tillable ground and two ponds totaling approximately 11 acres of water; 260' x 60' event pavilion built in 1997 with approximately 20' x 60' of enclosed storage
More about this property
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