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9014 W State Road 56, French Lick, IN, 47432

2beds
2baths
800sqft
$449,900
$562price/sqft
$3,533/moest. monthly cost
$141,320/yrincome needed

About This Home

Welcome to your own private getaway in the heart of Southern Indiana! This unique property features TWO charming tiny homes situated on approximately 0.40 acres just minutes from the world-famous French Lick Resort, golf courses, casinos, shopping, dining, and all that French Lick has to offer. Each home features a open floor plan and has 1 bedroom and 1 bathroom and a living room and kitchen. Built in 2023, these modern tiny homes offer endless possibilities for investment, short-term rental income, weekend retreats, or multi-generational living. Both of the homes are currently operating as a successful Airbnb, offering guests a cozy and stylish experience in a prime location. Enjoy the peaceful setting while still being conveniently located near local attractions and outdoor recreation. Whether you are looking to continue operating as an income-producing Airbnb, create a private vacation compound, or live in one home while renting the other, the opportunities here are endless! Property is being sold fully furnished and ready for its next owner to enjoy. Sq ft, room sizes, and lot size are approximate; buyer to verify if important.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal Siding,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Oven,Range,Refrigerator,Self Cleaning Oven,Washer
  • Laundry features: Laundry Closet,Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Eat-in Kitchen,Main Level Primary,Open Floorplan,Utility Room,Window Treatments
  • Window features: Blinds,Thermal Windows
  • Finished area below ground: 0
  • Finished area above ground: 800

Heating & Cooling

  • Heating features: Other
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 800
  • Total interior livable area: 800 sqft

Kitchen

  • Level: First

Kitchen

  • Level: First

Living Room

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Master Bedroom

  • Level: First

Other

  • Level: First

Other

  • Level: First

Property

Details

  • Parcel number: 591209100027000002
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Porch
  • Exterior features: Landscaping,Landscape Lights,Porch
  • Has view: Yes
  • View description: City,Park/Greenbelt,Hills,Panoramic,Scenic

Lot

  • Lot size: 0.40 Acres
  • Features: Wooded

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

How This Home’s Risks Compare

Tornado
Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Hail
Heat Wave
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 $2,274$27,288
Home Insurance *$354$4,248
Property Taxes $721$8,652
Electricity $184$2,212
Total$3,533$42,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,131/yr
40% on housing$105,990/yr
45% on housing$94,213/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

$562This listing

vs Other Active Listings

Avg $/sqft

ZIP 47432$134
Orange County$114

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)

Price History

DateEventPrice
2026-07-06Price change$449,900
2026-05-25Listed for sale$475,000
2022-08-15Sold$12,000
2022-07-15Pending sale$15,000
2022-07-11Price change$15,000
2022-03-31Price change$22,000
2022-02-25Listed for sale$25,000
2021-10-30Listing removed--
2021-10-12Price change$22,777
2021-07-09Listed for sale$7,500
2007-12-07Sold$22,000

For Sale by Agent

AgentStephannie Wilson
BrokerageNextHome Wilson Real Estate

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