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127 S Jefferson Street

Rockville, IN 47872

10 beds
6 baths
7,176 sqft
9,148 sqft lot
$62 per sqft
1895 build

Once in a lifetime opportunity with this turnkey business or convert to a home. The Old Jail Inn has 9 cells and comfortably sleeps 18 guests in this 1879 Italianate building located on a brick street on the town square. The Drunk Tank Winery is a wine bar located in a basement location and has a transferable wine license. Also a full-service beauty salon with a private entrance on the North side of the building. 1-bedroom private owner's apartment that the new owner could live in or lease for additional income. All memorabilia, furnite and appliances stay with this property. New On-Demand water heater, newer metal roof, windows and furnaces. New AC unit. The Old Jail Inn is a destination spot in a county with three state parks, the largest biker bar in IN, and the most covered bridges in one county in the world. The annual Covered Bridge Festival held over ten days each October draws between 1-3 million people. Reservations are easily booked through an online reservation system which would be transferred to new owners. The story of the Old Jail Inn has been reported on many news medias around the world. National magaines and TV shows such as Midwest Living, Bagger World, MSNBC, CU Living, and HGTV. In Dec. 20 it was featured on the Travel Channel. In 2020 the Old Jail Inn was selected by Visiting Indy as one of the top 20 "Unique Places to Sleep in Indiana".

Listing courtesy of MIBOR / Jeff Moore Real Estate

Last checked: Checking… • Last updated Dec 18, 2023 •

MLS# 21954539 —

The Building

Year Built:

1895
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Italianate
Levels:

Two
Basement:

true
Foundation Details:

Block
Accessibility Features:

No
Direction Faces:

West
Green Certification:

No
Upper SqFt:

2392
Building Area Total:

7176
Below Grade Finished Area:

2392

Interior

Rooms:

14
Rooms Total:

15
Rooms Total:

14
Interior:

Other
Interior Features:

Attic Stairway, Raised Ceiling(s), Paddle Fan, Hardwood Floors, Windows Thermal
Eating Area:

Formal Dining Room

Room Dimensions

SqFt:

4784
Main Level SqFt:

2392
Living Area:

7176

Location

Directions:

From US 36 and Jefferson Street at the Town Square, South on Jefferson to corner of Jefferson and High
Latitude:

39.761627
Longitude:

-87.227496

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

true
Parcel Number:

611107114105100002
Acres:

<1/4 Acre
Lot Features:

City Lot, Corner Lot, Sidewalks, Street Lights, Zoned
Lot Size Acres:

0.21
Lot Size SqFt:

9,148 Sqft
Price Per Acre:

2119048
Property Condition:

Updated/Remodeled
Additional Parcels:

true
View:

false
Waterfront:

false
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

58,59
Tax Year:

2022
Semi Annual Property Tax Amt:

1788

Beds

Beds:

10
Bedrooms:

10
Bedrooms Total:

10
Main Level Bedrooms:

9
# of Bedrooms Upper:

1

Baths

Baths:

6
Full Baths:

5
Full Baths:

5
Half Baths:

1
Half Baths:

1
Full Baths Main:

4
Half Baths Upper:

1
Full Baths Upper:

1

The Listing

Inspection Warranties:

Not Applicable
Virtual Tour Branded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour
Buyer's Brokerage Compensation:

3.0

Heating & Cooling

Heating:

Electric
Cooling:

Central Electric

Utilities

Utilities:

Electricity Connected
Electric:

200+ Amp Service
Water Source:

Municipal/City
Solid Waste:

No

Appliances

Appliances:

Dishwasher, Electric Oven, Refrigerator

Schools

Middle Or Junior School:

Parke Heritage Middle School
High School:

Parke Heritage High School
High School District:

North Central Parke Comm Schl Corp

The Community

Subdivision Name:

No Subdivision
Community Features:

None
Spa:

false
Association:

false

Parking

Parking Features:

Common, Detached
Garage:

false
Garage Spaces:

3
Garage Parking:

Guest Street Parking

Monthly cost estimate

Asking price

$445,000

Expense	Monthly cost
Mortgage	$2,382
Taxes	$298
Insurance	$122
Utilities	$359 See report
Total	$3,161/mo.^*
	^*This is an estimate

Explore the Area

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From

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Bike Score®

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
11/25/23 Nov 25, 2023	Listed / Active	MIBOR	$445,000	27.2% (10.5% / YR)
4/26/21 Apr 26, 2021		MIBOR	$349,900
2/7/21 Feb 7, 2021		MIBOR	$349,900

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This house located in Rockville, IN 47872 is currently for sale for $445,000. 127 S Jefferson Street is a 7,176 square foot house with 10 beds and 6 baths. This house is in the attendance area of Rockville Elementary School and Rockville Jr Sr. High School.

Listing Courtesy of: MIBOR and Jeff Moore Real Estate.

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