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7352 S Meadows Ln, French Lick, IN, 47432

1beds
1baths
420sqft
$249,900
$595price/sqft
$1,731/moest. monthly cost
$69,240/yrincome needed

About This Home

Less than one mile from Patoka Lake and the Painter Creek Boat Ramp, this turnkey recreational property offers the perfect combination of personal enjoyment and investment potential. Situated on 1.00 acre, the property features a 30' x 50' pole barn with central air, hybrid electric/gas heat, a full bathroom, and a finished bedroom/office, providing endless possibilities as a bunkhouse, recreation space, or secure storage for boats, campers, UTVs, and other recreational equipment. The 1-bedroom, 1-bath prefab cabin is being sold fully furnished with all appliances and everything needed to begin enjoying immediately or operating as a short-term rental. High-speed fiber internet, public water, septic, a gravel driveway, abundant parking for multiple boats and campers, and a level yard ideal for entertaining add to the property's appeal. Whether you're searching for a weekend retreat, a place to keep all your lake gear, or a turnkey short-term rental near one of Southern Indiana's premier recreation destinations, this property offers the flexibility to fit your lifestyle and investment goals.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2011

Materials

  • Foundation: Pillar/Post/Pier
  • Construction materials: Metal Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Washer,Dryer-Electric,Electric Oven,Electric Range

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 420

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 420
  • Total interior livable area: 420 sqft

Property

Details

  • Parcel number: 591311200055.000005

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1 Acres
  • Features: Level,Sloped,0-2.9999

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Strong Wind
Winter Weather
Cold Wave
Hail
Heat Wave
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,263$15,156
Home Insurance *$196$2,352
Property Taxes $88$1,056
Electricity $184$2,212
Total$1,731$20,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,348/yr
40% on housing$51,930/yr
45% on housing$46,160/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 6.9%
6.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$595This listing

vs Other Active Listings

Avg $/sqft

ZIP 47432$143
Orange County$116

vs Homes Sold Last Month

Median $/sqft

ZIP 47432
Orange County$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$249,900
2026-07-30Listed for sale$249,900
2017-06-07Listing removed$58,000
2016-08-18Price change$58,000
2016-02-17Listed for sale$60,000

For Sale by Agent

AgentRANDY A CHAPLIN
BrokerageBrooks Galloway Real Estate

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