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Property profile & analytics
OFF-MARKET
Farms

1518 Gilbert Rd Marysville, IN 47141

189 ac lot Built 2006
Property ID
Property summary
AI-generated overview

This exceptional 189-acre property in Marysville, Indiana presents a unique opportunity for discerning buyers. The centerpiece is a stunning 4725-square-foot log home, offering breathtaking lake views and featuring three fireplaces. The home overlooks a private 16-acre lake, boasting a depth of 28 feet, perfect for recreation and enjoying the abundant wildlife. The property boasts a rich natural landscape, including rolling pastures, wooded hills, two creeks, and three natural springs. All utilities are conveniently underground, connected to city water. For those with agricultural or equestrian interests, the property includes an Amish-built horse barn and a large equipment barn/workshop, which also features a furnished apartment. The secluded location, situated at the end of a dead-end road, ensures ultimate privacy. The land is known for its abundance of wildlife, including deer and turkey. The current owner is open to exploring various financial arrangements, including seller financing, 1031 exchanges, and other investment opportunities. The property has also been successfully operated as a high-end Airbnb, demonstrating its potential for generating rental income. The seller is particularly interested in exploring investment opportunities in other income-producing properties or in Vero Beach, Florida. This is a truly remarkable property offering a blend of luxury living, recreational opportunities, and significant investment potential.

Property profile
Verified
Property type Farms
Year built 2006
Lot 189 ac (8,232,840 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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