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$1,550,000 Just Listed
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Property Description
41-room hospitality opportunity located directly across from Belterra Casino Resort in Florence, Indiana. The Fairway Inn has operated under long-term ownership for approximately 22 years & offers established operations with strong regional demand drivers & owner-operator potential. The property consists of approximately 19,542 sqft with 41 guest rooms plus a 1-bedroom manager apartment with kitchen & living area. Recent improvements include a new metal roof installed in 2024 with ownership maintaining the property throughout their operation. Sale includes substantially all furniture, fixtures, equipment (FF&E), including beds, linens, appliances, computers, office equipment, & operational inventory currently used in the operation of the business. Existing staffing & operational infrastructure are in place, offering a turnkey hospitality opportunity with continued upside potential in a destination-driven market.
Full Property Details
Full Property Details for 14845 State Road 156
General
- Price: $1,550,000
- Status: Active
- Type: Commercial
- Source: SE_Indiana
- MLS ID: 207544
- Updated: Today (5/27/2026)
- Added to Site: Today
Exterior
- Exterior Features: Signage
Parking
- Other Parking Type: Asphalt, Onsite
Location
- County: Switzerland
- Township: York
Heating & Cooling
- Cooling Type: Wall Unit
- Heating Type: Individual
Utilities
- Gas: None
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Not Applicable
- Roof: Metal
- Stories/Levels: Two
- Year Built: 2002
Lot Features
- Lot Size (Acres): 1.78
- Lot Size (Sq. Ft.): 77,537
- Street/Road Desc.: Paved
Disclosures and Reports
- APN: 78-13-01-100-003.001-008
Listed by RE/MAX Victory + Affiliates, Eric Ginder
Get Pre-Approved Today
Schools
Schools serving 14845 State Road 156
School District:Switzerland County School Corporation
| Name | Grades | Distance |
|---|---|---|
Switzerland Co Elementary School 1390 Hwy 250, East Enterprise, IN 47019 | K-6 | 6.4 mi |
Switzerland Co Middle School 1004 West Main Street, Vevay, IN 47043 | 7-8 | 8.1 mi |
Switzerland Co Senior High School 1020 West Main Street, Vevay, IN 47043 | 9-12 | 8.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14845 State Road 156
Date
Details
Price
Change
Source
5/27/2026
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14845 State Road 156
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,143
—
$804,900
15%
2024
$10,143
-12%
$698,200
-13%
2023
$11,513
—
$803,800
-2%
2022
$11,562
-9%
$818,700
7%
2020
$12,749
6%
$765,800
-10%
2019
$12,078
4%
$854,300
—
2018
$11,657
-6%
$854,300
—
2017
$12,369
8%
$854,300
-10%
2016
$11,457
—
$944,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14845 State Road 156
14845 State Road 156, Florence, IN 47020 (MLS# 207544) is a Commercial property. 14845 State Road 156 is currently listed for $1,550,000 and was received on May 27, 2026. Want to learn more about 14845 State Road 156? Do you have questions about finding other Commercial real estate for sale in Florence? You can browse all Florence real estate or contact a Coldwell Banker agent to request more information.

