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Recreational Land with Home for Sale in French Lick, Indiana

5344 S State Road 145, French Lick, IN 47432

$349,900
15.6 acres
Active sale
ago
Est $1,954/mo

Located just south of Historic French Lick, this 15.56+/- acre property combines a 1,094 sq. ft. 2-bed, 1-bath block home with adjoining recreational acreage, mature hardwoods, open ground, two additional buildings, natural drainages, and nearly 1,000 feet of SR 145 frontage. The 1952 home sits on approx. 1 ac and features an efficient one-level layout, a full basement, and an enclosed porch with covered access to the basement. The home includes multiple heating options, including a wood-burning furnace connected to the central ductwork, a propane furnace, a ventless gas log fireplace, and a heat pump with central air. An owned 500-gallon propane tank, Patoka Regional Rural Water, Orange REMC electric, and Orange Fiber internet add to the property's utility. A metal roof installed approximately 22 years ago continues to protect the home. The residence will require remodeling and updating, but it offers a solid foundation for renovation. The adjoining 14.56+/- acres provide a diverse combination of open ground and mature hardwood timber. Approximately 2 acres of open field lie near SR 145, offering space for a garden, recreation, parking, or other potential uses. The balance consists primarily of mature hardwoods situated across a large, relatively flat hilltop with attractive views and potential locations for a cabin, additional improvements, or other permitted uses. The acreage also includes a 32' x 60' x 14' block building with a loft and a 30' x 48' x 10' agricultural pole barn, both with established driveways. The buildings provide substantial space for storage, equipment, hobbies, agricultural use, or recreational gear. Two wet-weather drainages cross the lower portions of the acreage, adding natural character and seasonal water movement. The location provides access to French Lick, West Baden, Patoka Lake, and Hoosier National Forest. Outdoor rec in the area includes boating, fishing, hiking, camping, hunting, and other activities, while French Lick provides dining, lodging, golf, entertainment, and historic attractions. This property offers an uncommon combination of a home, acreage, mature timber, open ground, existing buildings, highway frontage, and recreational opportunities. The property may also warrant consideration for potential short-term rental use, subject to applicable regulations. This is an opportunity to acquire the home and adjoining acreage together, creating a property with room to live, work, store equipment, & enjoy the outdoors.

1,094
Sq feet
2
Beds
1
Full bath
1952
Built

Location

Street address
5344 S State Road 145
Zip code
47432
School district
Springs Valley Community Schools
Elevation
580 feet
Coordinates
38.4783, -86.5996

Property details

Acreage
15.56 acres
MLS #
BMLS 202640704
Posted

Property taxes

2026
$2,000

Parcels

  • 59-12-35-200-044.000-005

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
15+, Irregular, Rural

Structure

Style
Ranch
Stories
1
Basement
Block
Water
Public
Cooling
Central Air
Roof
Metal

Interior

Room Count
2
Rooms
Basement, Bathroom, Bedroom x 2, Laundry Room
Flooring
Carpet, Hardwood, Laminate, Vinyl
Fireplaces
Yes

Nearby schools

NameTypeDistrict
Springs ValleyElementarySprings Valley Community Schools
Springs Valley JR/SrMiddleSprings Valley Community Schools
Springs Valley JR/SrHighSprings Valley Community Schools

Listing history

DateEventPriceChangeSource
Oct 1, 2026New listing$349,900—BMLS
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This 15.56-acre property is located at 5344 S State Road 145 in French Lick, IN 47432. The property is available for sale, priced at $349,900. It has a 1,094 square foot 2-bedroom, 1-bath house built in 1952.

Listed by Whitetail Properties Real Estate, (317) 446-9500

Checked 1 hour agoUpdated

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