Skip to content

751 S Summit Street

French Lick, IN 47432

ActiveListed Mar 9, 2026 · 213 days on market

Key facts

Beds
3
Baths
2 full
Living area
2,240 sqft
Lot
1.84 acres
Year built
1967
Type
Residential · Single Family Residence
Stories
One
MLS #
22086830
County
Orange
Subdivision
No Subdivision

About this home

Discover this exceptional rare opportunity offering both immediate cash flow potential and long-term appreciation - or the perfect place to call home. Situated on 1.86 acres, this charming, turnkey single-family residence is positioned high on a scenic hilltop overlooking the town of French Lick, capturing sweeping views and unforgettable sunsets. This 3-bedroom, 2-bath home is low-maintenance and thoughtfully designed for success in the thriving short-term rental market, including Airbnb and VRBO - while also offering the comfort and livability of a full-time residence. Inside, the open-concept layout features stylish finishes and inviting living spaces that create a warm and memorable experience for guests or homeowners alike. The modern kitchen is equipped with stainless steel appliances, ample counter space, and functional flow for entertaining. Spacious bedrooms provide comfort and privacy, making the home ideal for families, couples, or group stays. Outdoor spaces are perfectly suited for relaxation and entertainment, taking full advantage of the elevated vantage point. Guests and residents will appreciate the panoramic views that serve as the perfect backdrop for weekend getaways, golf outings, casino visits, fishing trips, and special events. The property's prime location near the renowned French Lick Springs Resort, French Lick Scenic Railway, West Baden Springs Hotel, and Patoka Lake enhances its appeal - placing dining, spas, championship golf, boating, fishing, and luxury amenities just minutes away. This strategic positioning supports steady occupancy and premium nightly rental rates. Additional highlights include ample parking for multiple RVs, boats, trucks with trailers, and guest vehicles - a rare and valuable feature in this market. Whether you're seeking a high-performing short-term rental investment or a scenic full-time residence, this versatile hilltop property delivers the best of both worlds.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerGas Water HeaterMicroHoodElectric OvenRefrigeratorWasher
Interior features
Bath Sinks Double MainHigh CeilingsKitchen IslandEntrance FoyerPaddle FanHi-Speed Internet AvailblEat-in KitchenPantrySmart ThermostatSupplemental StorageWalk-In Closet(s)
Kitchen
Kitchen Updated
Other rooms and areas
Bedroom Other on MainUtility Room
Laundry
Main Level
Windows
ScreensVinyl Windows
Security
Smoke Detector(s)
Rooms
6
Main-level bedrooms
3
Condition
Updated/Remodeled

Exterior

Exterior features
Exterior Handicap AccessibleFire PitSmart Lock(s)
Patio and porch
CoveredDeck
Construction
BrickShingle Siding
Foundation
Block
Style
Ranch
Parking and garage
GravelRV Access/Parking
View
CityDowntownTrees/Woods
Other equipment
Smoke Alarm

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Lot features
AccessCurbsIrregular LotNot In SubdivisionMature TreesWooded

Schools

Elementary school
Springs Valley Elementary School
High school
Springs Valley Comm High School
School district
Springs Valley Com School Corp

Taxes

Estimated annual tax
$3,262 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,566per month, estimated
Principal and interest $1,210Property tax $272Insurance $84
20% · $48,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$240,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.