127 S Jefferson Street, Rockville, IN 47872

$445,000 Asking Price

10 beds
6 baths
7,176  sqft
Built in 1895

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".


Features & Amenities

Interior

General:
Attic Stairway, Raised Ceiling(s), Paddle Fan, Hardwood Floors, Windows Thermal
Appliances:
Dishwasher, Electric Oven, Refrigerator
A/C:
Central Electric
Heating:
Electric
Fireplace:
Fireplaces: 0

Exterior

Style:
Italianate
Parking:
Common, Detached

Construction

General:
Two, Block

Location

Originating MLS:
mibor
School District:
North Central Parke Comm Schl Corp
County:
Parke

Lot

Zoning:
002-02000-12 Orig. Rockville S. Pt Lot 58 7-15-7 Pts1/2 W1/2 Lot 59, 611107114105100002

Utilities

Utilities:
Electricity Connected, 200+ Amp Service
Water:
Municipal/City

Financial

Source:
mibor, mibor
Buyers Agent Compensation:
3.0 %

This listing courtesy of:
Jeff Moore Real Estate, Jeff Moore

About Rockville, IN

Housing

Number of Units
4,112
Median Home Value
$111,516
Median Rent
$402

22.86% of housing units are renter occupied.

20.95% are vacant.

Commute

Car
64.39%
Public Transportation
0.06%
Walk to Work
2.25%
Work from Home
32.71%
Other
0.22%

The median travel time to work is 22 minutes.

People

Population
8,478
Median Age
42.60
Median Household Size
2.70

Education

High School
35.46%
Associate’s Degree
11.49%
Bachelor’s Degree
6.97%
Graduate Degree
6.34%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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