Alan D. Waynick Real Estate
101 NW First Street, Paoli, IN 47454
Alan Waynick, Principal broker
Phone 812-723-5700 Fax 812-723-4189
489 S. Maple St., French Lick, IN 47432
Loran Tapscott, Managing broker
Phone 812-936-7766 Fax 812-936-3189
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509 Southeast First St., Paoli, IN $92,500.00 This very well kept duplex home has a lot of potential and many interesting possibilities. The main part of the home has a living room, a dining room, a kitchen, three bedrooms and one bath. A breezeway/utility room leads to the one-bedroom, one-bath apartment, which includes a living room and a kitchen. The home and apartment both have carpeting and wood floors. There is additional potential in the 28’ x 28’ unfinished basement with a shower area. Gas heat, city utilities. Front porch, 10’ x 12’ rear deck. The 75’ x 150’ lot includes an 8’ x 12’ shed. With this arrangement you can live in one part and rent the other to make your payment. Or keep the apartment for a business, a studio, or guests. The choice is yours! Paoli schools. WD1317
Union Township, English, IN $70,000.00 A great commercial or investment opportunity! This property has frontage on Interstate 64 near the Sulphur exit. The land is mostly wooded and very private, despite the interstate frontage. Blue River runs past the acreage, making it a nice recreation property, as well. Come see all of the possibilities this property has to offer. Crawford County schools. WT1305
SR 145, French Lick, IN $650,000.00 With lots of frontage on SR 145 and additional frontage on blacktop roads on two additional sides, this 16.3-acre, more or less, tract sits just outside of the French Lick city limits. The acreage is level, providing lots of construction opportunities. The property is well located, in a high-traffic area just south of the French Lick Resort and Casino and near the new movie theater and Sonic restaurant. It includes a lake and a stream and has public utilities available along the road. A great investment or development property, this acreage has all kinds of possibilities. Springs Valley schools. PT1292
726 Rhodes Ave., West Baden, IN $395,000.00 Beautiful Victorian home listed on the Orange County Historic Register. This three-story home in excellent condition has over $100,000 in improvements and updates , including a new floor in the kitchen/utility/ dinette areas, refinishing of several of the other floors, and some of the lighting replaced with antique fixtures. The 1850-square-foot first floor features the original stained glass, an elegant entryway with the original oak woodwork, several sets of oak pocket doors, and two fireplaces (one functioning gas and one sealed) with the original oak woodwork. You’ll also love the efficient kitchen with a work island, commercial-grade Wolf range, and lots of ash cabinets and pantry cupboards. The second floor has 1435 square feet with four bedrooms and four baths. The 572-square-foot third floor has a large recreation room with a functioning gas fireplace, four dormers and a large storage area. There is additional storage space in the full unfinished basement. Electric heat pump, natural gas forced air heat, first floor central air, second floor window air. City utilities. Front, side and back porches, screened side porch. Also included is a two-story carriage house with a living area, a bath, and a large bedroom, all very nicely decorated. Two-car detached garage. A new wrought-iron-look aluminum fence surrounds the home and perennial gardens. Enjoy views of the West Baden Springs Hotel from the front porch and second-floor front windows. A wonderful residential home or great bed-and-breakfast! Come see this unique home and attractive property! Springs Valley schools. GG1285
210 N. Gospel St., Paoli, IN FURTHER REDUCED $124,900.00
One-of-a-kind Victorian home built in 1891. With 20 rooms, six bedrooms and three baths, this could be a spacious home or, as previously used, a bed and breakfast. The 2.5-story home has a total of over 5000 square feet of living space and a partial basement. The gas-fired boiler should make heating economical. All city utilities. Three fireplaces, hardwood floors, stained glass windows. Just two blocks from the Paoli town square, the 75’ x 150’ lot fronts on North Gospel Street (SR 37 North) for easy access and good exposure. With the Ski Paoli Peaks Ski Resort just a couple of miles away and the new golf courses and the casino in French Lick just 10 miles away, this property has a lot of potential. The home is ready to be lived in. Call today for an appointment. Paoli schools. NS1284
916 West Main St., Paoli, IN $90,000.00 If a retail business is in your future, this property is really worth your time. It is very well located; on busy West Main Street, just six blocks from the town square and on the main road to French Lick and West Baden. The 2688-square-foot block building was completely remodeled in 2003. The interior has a public dining area, a kitchen, an office, a utility room and two half baths. Large cooking hood system. Natural gas forced air heat, two central air units. City utilities. Check this out today! BM1278
4072 U.S. Hwy. 150 East, Paoli, IN $89,900.00 Get a like-new, four-year-old manufactured home on seven acres, more or less, with two rental mobile homes for extra income. The home has 1232 square feet with three bedrooms and two baths. All electric with an electric furnace and central air, the monthly bills average from $100 to $150---very reasonable. The two rental mobile homes have a rent potential of $500 monthly, a nice supplemental income. The property is just five miles from town and has frontage on U.S. Highway 150. With its location, highway frontage and large four-car detached garage, this could also be a great place for a business. Come see this wonderful opportunity for a nice home and rental income potential just five miles from town. Paoli schools. AC1272
4421 West CR 640 South, Paoli, IN $225,000.00 Get two businesses in one---Ole General Store and A-Z Catering. Built in 1999, the one-story frame building has 2200 square feet. Gas furnace, two central air units. This price includes all of the appliances and equipment, including a walk-in freezer and walk-in coolers, and approximately $10,000 in stock and inventory. The store currently has a nice restaurant business with movie rentals and some groceries. A covered porch runs across the front of the building, providing plenty of space for customers to wait or relax and for ice and drink machines. Gravel parking area. Patoka water. All on over a half-acre of land. Not far from Patoka Lake, this property is located in the Wildwood Lake area. A wonderful opportunity to have your own business! AS1264
3378 North Red Hill Rd., Taswell, IN $107,500.00 A great small business ready for you to take over at closing! This single-story block building now houses a combination convenience store/restaurant in an area with little competition. LP gas heat, window air. Patoka water. Plenty of parking space in the graveled lot around the building. The large site, 4.24 acres, more or less, has plenty of room for expansion, another business, recreation, or home sites. Included is a boat storage building with nine stalls. Come see all of the potential in this property! DB1259
8345 West SR 56, West Baden, IN $550,000.00 If you’re looking for a great location for your new restaurant in a growing town, here it is! This 4728-square-foot restaurant has been a successful business for over 50 years. With two separate dining rooms, one with 1023 square feet and one with 660 square feet, this restaurant has the ability to accommodate many customers on different occasions. A fireplace in the large dining room provides nice ambiance. Central air, gas heat. City utilities. Brick provides an attractive, appealing exterior to passersby. The 100’ x 270’ site includes lots of paved parking. Centrally located between the French Lick Resort and Casino and the West Baden Springs Hotel, this restaurant could be a profitable one for you. Yours at closing, you can start your business right away! Call for an appointment today! HD1248
MOTIVATED SELLER!!! Reduced $90,000!!! A fantastic investment property located within walking distance of the West Baden Dome and new casino in French Lick. The property consists of two older rental dwellings and one rental mobile home, all presently vacant, sitting on four adjoining city lots that run from Elm Street to Rhodes Avenue, overlooking the West Baden Dome and just a couple of blocks off of SR 56. The property has city water and sewer and is zoned. It has several possibilities---remodel and rent or remove the structures and build your choice of new construction. An additional fifth lot located across the street, included in the price, would make a great parking area or site for additional construction. Come look at this property with great potential! GI1082
North Court Street, Paoli, IN $325,000.00 Located in downtown Paoli is this historic brick building with over 11,000 total square feet. The 5625-square-foot second floor houses a total of eight apartments, each with a refrigerator and range. The 5645-square-foot first floor has the possibility of three retail or office spaces. All but one apartment are producing income for the current owner. The corner first-floor retail space is all new with a 200 amp service and new windows, ceiling, gas furnace, central air, plumbing, etc. The remaining areas have electric heat and window air. City utilities service the entire building. The property does front on two city streets; the front on the public square and the west side on North Gospel Street (SR 37 North). This property should pay for itself and generate a nice income, as well. Take a look at this very nice property. Paoli schools. BD1236
501 NE Third St., Paoli, IN $149,000.00 With a 5000-square-foot building and 2.24 acres, more or less, this property is a great buy for all of your warehouse needs! The metal-sided, metal-roofed building includes a break room, two offices and two half baths. There are lots of new additions on the interior. Natural gas heat with two meters. Air conditioned. City utilities. Concrete floors. The building could be divided to form two separate facilities, one in the front and one in the back. There is a porch and a loading dock on both the front and the back. An overhead door provides truck access on the northwest side. Well located, the property sits inside the city limits just a few blocks from two state highways, yet is on a city street for easy access. This property has everything you could ask for and more! MW1229
8355 West SR 56, West Baden, IN $495,000.00 Location! Location! Location! This 8000-square-foot block/sandstone building sits on a 100’ x 270’ lot in West Baden with 100 feet of frontage on SR 56. The large building has a half bath, concrete floors, natural gas heat, and central and window air. City utilities. The building could be divided, accommodating two separate businesses. Use one side and rent the other or rent both for extra income. This property has housed a successful business for over 50 years. With its location between both the French Lick Springs Resort and Casino and the West Baden Springs Hotel, and the building’s capability of being divided to house two businesses, this property has a lot to offer. Springs Valley schools. Call today for an appointment. LE1223
102 College Ave., Paoli, IN REDUCED $199,900.00 Take this great opportunity to own your own business! In a wonderful location at the junction of U.S. Hwy. 150 and SR 56, just three blocks east of the town square, this 1305-square-foot building sits on a paved lot with gas pumps covered by a large canopy. Natural gas forced air heat, central air. City utilities. Ready to go, the commercial range, dishwasher, walk-in cooler and walk-in freezer are included. Several smaller items are included, as well. Very clean and well kept, this business is waiting for you. Call today! MP1108
444 South Maple St., French Lick, IN $2,900,000.00 In a great location, this beautiful three-story brick building sits on a corner lot across from the new casino and hotel in French Lick. The property also sits directly across from the new downtown building construction. The building’s Queen Anne style takes you back in time as do the hotel and other historic buildings on brick-paved Maple Street. The building has a total of over 15,000 square feet. The 5460-square-foot first floor houses five retail shops at present. The top two floors, the second with 5525 square feet and the third with 5025 square feet, have a total of ten apartments. Electric and gas heat. City utilities. Gravel parking area. With this property’s wonderful location, frontage on two city streets and spacious building with three stories, it’s a great income producer with lots of potential. Come see! WR1217
SR 64, New English, IN $64,500.00 Well located in the business area of New English is this 1.3 acres, more or less. The property has frontage on the west on Strawberry Lane with frontage on a service road next to SR 64 on the north. A nice commercial site. Agent owned. JD1207
Poplar Street, French Lick, IN $52,500.00 Located just off of SR 56 in French Lick, this commercial building and lot are ready to be moved into or rented. The 896-square-foot brick and frame building has two large rooms that would be perfect for an office or retail space. One bath. City utilities. Oil furnace. Set up your own business or make an investment in this reasonably-priced property. BJ1187
State Road 37 North, Paoli, IN $115,000.00 Large commercial building located on SR 37 North, about ½ mile north of the Paoli city limits. The metal sided, metal roofed building has over 4800 square feet of space. The office and showroom areas have tile floors with gas heat and central air. The remainder of the building is storage and/or work area with a concrete floor. Previously used as a retail and/or auto sales business, the owner will also consider a lease. This would make a great office with plenty of highway exposure. Additional buildings and land located adjacent to the listed property are also available for purchase. Call today for more details. MT1182
2539 & 2563 SR 37, Mitchell, IN $225,000.00 An excellent commercial location on SR 37 in Mitchell for your business! The 2919-square-foot commercial building with four separate areas is in excellent condition. It has had new wiring, a new gas furnace, new windows and an addition built onto the back, all completed in 2003. The building includes one bathroom. The four-bedroom, one-bath, 1494-square-foot home with a 15’ x 19’ carport is currently rented for $550.00 per month. All on 2.3 acres, more or less. Wonderful income potential! Natural gas, city water. Mitchell schools. HS1146
NE Third St., Paoli, IN $425,000.00 Purchase this property at below value! With over 40,000 square feet, this large commercial building has lots of room for manufacturing, storage, warehouse, etc. The original building has approximately 10,000 square feet with an addition of about 16,000 square feet in 1989, an addition in 1992 of about 3,000 square feet, an addition in 1994 of about 7,400 square feet and an addition of about 10,000 square feet in 1998. Located just one to two blocks east of SR 37, not far from the Wal-Mart area, the property sits on several adjoining lots with two extra lots nearby. City utilities. A must see for the investor, business owner, etc. CF1126
SR 56, West Baden, IN REDUCED $295,000.00 Choice business location with a large building and lots of road frontage! Located on the Boulevard not far from the proposed casino site, the 50’ x 270’ lot has 50’ of frontage on SR 56. The 3926-square-foot building includes 3 half baths, forced air heat, central air, vinyl on the exterior, a metal roof and a front porch. City utilities. With frontage on SR 56, town streets on both sides, a large building, and access to parking in both front and back, this property has many possibilities! SV1123
Corner Water St. & S. Gospel St., Paoli, IN $75,000.00 Well located, just one block south of the town square and one block east of SR 37, this level corner lot has been cleared of the old structure and is ready for a new building. No restrictions. City utilities available. Yours at closing. Paoli schools. KJ1089
102 N. Eighth St., Mitchell, IN REDUCED $39,900.00 A wonderful opportunity to have your own business at a reasonable price! In a great location at the high-traffic corner of Eighth and Main Streets in downtown Mitchell, this property had been a functioning service station. The 1200-square-foot block building has two bays for service work, concrete floors, an oil furnace, and a metal roof. City utilities. Make this your place of business! CJ1063
1345 W. Leonard Circle, Paoli, IN $925,000.00 An excellent opportunity to own your own business! Located inside the city limits, this country club with a growing membership has 68 beautiful rolling acres of land that include a nine-hole golf course and room for expansion or a housing development. The attractive steakhouse restaurant has recently been remodeled and upgraded and includes a dining room, bar, kitchen, entry/waiting area, two half baths, and storage area. Diners enjoy pretty views of the course from the large windows in the dining and bar areas. New landscaping and patio area grace the exterior of the building. The 840-sq.-ft. pro shop with a basement has a large covered front porch and offers covered outdoor seating in the back, overlooking the course. There is also a 4600-sq.-ft. cart shed. The 2004 Yamaha golf carts and John Deere turf equipment are included. The golf course has approximately 2737 yards in nine holes and covers about 50 acres. It features a large spring-fed pond on its par-three, number-two signature hole. Updated irrigation system. A paved drive and parking area provide easy access to the restaurant and pro shop and an extra graveled parking lot has recently been built to accommodate additional patrons. City utilities. A drilled well services the course. The property is well located; about 1/4 mile from SR 56 and just off of US Hwy. 150. A wonderful chance to own a growing business! PC1059
711 West Main St., Paoli, IN $175,000.00 Well located on the main road running east and west through town, this large commercial building on a lot is nice and offers lots of space. The building has 3468 square feet and a partial basement. Two half baths. City utilities. Gas furnace. Includes a new central air unit that is not yet hooked up. A wonderful commercial location, the property is just west of Elm Street and the stop light. Come check this out! PM1038
1439 East U.S. Hwy. 150, Paoli, IN $139,900.00 This new 6000-square-foot building with two acres, more or less, has U.S. Hwy. 150 frontage. The large front lot is graveled. The building is divided with 1800 square feet on one side and 4200 square feet on the other. Each side has large overhead doors. One side will accommodate a semi. Use one side and rent the other. Two gas meters, electric can be divided. Restroom facilities on one side. This would be the ideal place to start your own small business! There is plenty of room for green houses and garden spots or for a garage and auto sales. Salesperson owned. Possible lease. Some equipment (forklifts, handjack, tables, etc.) also for sale. Come take a look at the possibilities! CS1015
This nice office building is in an excellent location for a business, across from a bank, less than a block from the town square. The block/frame building has a gas furnace and central air and lots of storage space. City utilities. The gravel lot is large. This would make a great building or office site. Call today.
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