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Property profile & analytics
OFF-MARKET
Residential income homes

3708 State Ferry Rd Solsberry, IN 47459

10,911 SF 35.16 ac lot
Property ID
US31-2323503
Property summary
AI-generated overview

This exceptional 35.16-acre property in Solsberry, Indiana (47459), presents a unique investment opportunity. The sprawling land boasts a mix of woods and pasture, creating a serene and private setting. The property includes five buildings totaling nearly 11,000 square feet of finished space, complemented by over 7,000 square feet of covered decks and porches. Features include a six-bedroom main home, a log cabin (currently a monthly rental), two bunkhouses, and a community barn with a kitchen. An impressive amphitheater with limestone seating for 250 guests provides ample space for entertainment. A picturesque spring-fed pond offers opportunities for fishing and swimming. The property is zoned for General Farm/Ag use and is ideally suited for a variety of ventures, including a camp, retreat center, homestead, or family compound. Its versatility is further enhanced by its proximity to Bloomington, Indiana, and Indiana University, opening doors to Airbnb and camping opportunities. The property's history includes use as a church retreat, summer camp, and wedding venue, demonstrating its proven potential for diverse income streams. The log cabin and a portion of the land could be sold separately, offering a potential return on investment. This remarkable retreat offers endless possibilities for entrepreneurs and those seeking a peaceful escape. The asking price is $1,375,000.

Property profile
Verified
Property type Residential income homes
Total area 10,911 SF
Lot 35.16 ac (1,531,570 SF)
UPID US31-2323503
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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