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Listed by Chad Renbarger • Mossy Oak Properties
$ 7,600,000
Est. payment /mo
New
7453 E 400 S Marion, IN 46953
1 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $7,600,000
MLS Listing ID 22118793
Tax Year 2025
Lot Size 301.710 Acres
Acres 301.71
Property Sub-Type Business
Property Description
Business Overview * 36-hole daily fee golf operation, family owned, operated, and expanded since 1970 (55 years). * Sub S Corporation, registered Indiana domestic for-profit corporation. * No mortgage on land or buildings. * Favorable zoning; property taxes assessed via capitalization of income approach. * Full Indiana Beer and Liquor License with catering permit. * QuickBooks bookkeeping, Tee-On POS/inventory/online tee-time system, ADP payroll and payroll tax filing - full records available. * All federal/state tax filings completed by an accredited CPA firm; records available. * Customer e-mail database of 3,200+ verified addresses. * Current management team - including a Certified GCSAA Superintendent and 3 Certified Pesticide Applicators - Staff is willing to stay with new buyers. * Active member: NGCOA / INGCOA / NFIB / GCSAA. Real Estate & Facilities * 294.12 acres, 36 regulation holes across two adjacent 18-hole courses connected by cart path, each with its own clubhouse and practice putting green. * Historic two-story brick clubhouse on the National Register of Historic Places - restored, previously used as a second clubhouse, convertible to a residence; includes heat pump, additional restrooms, large parking lot, and cart/equipment storage. * Main clubhouse with cart storage, large concrete parking lot, pro shop, snack/beverage bar, restrooms, and geothermal heat pump. * 4-bedroom / 2-bath residence with basement and geothermal heat pump. * Propane-heated maintenance building plus a separate cart and equipment storage building. * 13-acre lighted driving range: range building with 11 covered hitting bays, restrooms, storage, office, and outing seating area (eight 6-ft round banquet tables, 50 folding chairs); practice sand trap and putting green; 500+ dozen new range balls added summer 2024. * Additional 9-hole "Kids Klub" course (329 yards, 8" cups) designed for ages ten and under. * On-course restroom/rain shelte
Location
State IN
County Grant
Zoning Business, Commercial
Interior
Fireplace N
Exterior
Utilities Available Cable Connected, Electricity Connected, Septic System
View Y/N true
Water Access Desc Well
Building
Water Well
New Construction false
Schools
Middle Schools Eastbrook Junior High School
School District Eastbrook Community Sch Corp
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