Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2140 Morgan Rd Taswell, IN 47175

    • Commercial real estate
    • 86.00 lot acres
    For Sale
    View listing
    $1,695,000
    Value Estimation
    Location Intelligence
    Property ID
    US31-1543474
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • White Oaks Cabins Near Patoka Lake / Log Cabins

    Property Details for 2140 Morgan Rd

    Lot size
    86.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 86-acre property in Taswell, Indiana, presents a lucrative investment opportunity. Currently operating as a highly successful short-term rental complex, it boasts eight log cabins generating over $200,000 in gross income within the past nine months, with over 1200 nights booked. The property's secluded location, approximately seven minutes from Patoka Lake, offers guests a tranquil escape. In addition to the eight established rental cabins, the property includes eight campsites with water and electric hookups, and two older cabins requiring rehabilitation. An estimated $50,000 worth of timber is also present on the land. Three ponds and two creeks enhance the natural beauty, complemented by established trails throughout the property. The existing online booking system simplifies management of direct bookings, Airbnb, and VRBO listings. Recent upgrades include new furniture, mattresses, some hot tubs, upgraded appliances, and more. This property's versatility extends beyond its current use

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Taswell
    County
    Crawford
    State
    Indiana
    Longitude
    -86.53009
    Latitude
    38.36684

    Comparable in this City

    • $665,000
      101.00 Acres

      Sprawling Farmhouse on 100+ Acres

      Charming farmhouse on 100+ acres of agricultural and woodland.
      3128 N Zehr Rd, Taswell, IN 47175
      View Details
    • $70,000
      2.49 Acres

      Land For Sale in Taswell

      Residential and agricultural land available in Taswell, Indiana.
      2148 N Highfill Chapel Rd, Taswell, IN 47175
      View Details
    • $49,900
      0.69 Acres

      Land Near Patoka Lake

      Vacant land near Patoka Lake with utilities and shed.
      5844 W State Road 64, Taswell, IN 47175
      View Details

    Similar Nearby for Sale

    • $665,000
      101.00 Acres

      Sprawling Farmhouse on 100+ Acres

      Charming farmhouse on 100+ acres of agricultural and woodland.
      3128 N Zehr Rd, Taswell, IN 47175
      View Details
    • $70,000
      2.49 Acres

      Land For Sale in Taswell

      Residential and agricultural land available in Taswell, Indiana.
      2148 N Highfill Chapel Rd, Taswell, IN 47175
      View Details
    • $49,900
      0.69 Acres

      Land Near Patoka Lake

      Vacant land near Patoka Lake with utilities and shed.
      5844 W State Road 64, Taswell, IN 47175
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2140 Morgan Rd
    Taswell, IN 47175
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.