Listed with Pamela Prough, Carpenter Realtors Mooresville, Cell: 317-417-9463

Price $750,000
Status Active
Beds 3
Baths 2 Baths
Home size 2,900 sqft
Lot Size 25.00 ac
Days on Market 0
Rare Opportunity: FAA-Registered Private Airport on 25 Acres with Residence & Outbuildings | I-70 Access - Introducing Patrum Field Airport, a unique and fully FAA-approved/private registered airfield (per Estate) offering incredible flexibility and opportunity. Located just feet from I-70 with convenient county road access, this 25-acre property is ideal for aviation enthusiasts, private pilots, or investors looking for a multi-use homestead or airpark. The property features a 2,400' grass landing strip, 7 open aircraft parking spots, and 3 covered hangar bays, offering space for up to 10 private planes. The main hangar includes an attached heated workshop with Observation/air traffic control tower...perfect for aircraft maintenance, hobbies, or additional storage. In addition to its aviation potential, the land includes multiple outbuildings, one of which was formerly a cow barn, offering unique character and potential for agricultural, equestrian, or creative re-use: Such as ample space for cars, RV, boat, plane, or storage. The grounds are well-maintained and thoughtfully laid out for functionality and ease of access. The residence is a solid, one-owner brick home boasting over 2,500 square feet of living space. Impeccably maintained inside and out, the home features some handicap-accessible elements and offers a spacious, single-level layout with generous living areas, ideal for comfortable everyday living or hosting guests. Whether you're looking to live, fly, farm or raise horses, this exceptional property combines location, access, and rare FAA designation in one outstanding package. All of this is ready for immediate use or future vision. Showings by appointment only. Don't miss your chance to own a piece of aviation-ready real estate - opportunities like this are few and far between.
Property Type(s): Single Family
Last Updated 12/15/2025 Tract None
Year Built 1992 Garage Spaces 4.0
County Morgan

SCHOOLS

School District Eminence Community School Corp.
Elementary School Eminence
Jr. High School Eminence
High School Eminence

Additional Details

AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Oven, Electric Range, Refrigerator, Water Softener Owned
BASEMENT Other, Sump Pump, Unfinished, Yes
CONSTRUCTION Brick
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Forced Air, Natural Gas, Propane
INTERIOR Cathedral Ceiling(s), Eat-In Kitchen, Entrance Foyer, Kitchen Island
LOT 25 acre(s)
LOT DESCRIPTION Irregular Lot
LOT DIMENSIONS 15x2820x375x369x471x2324
PARKING Gravel, RV Access/Parking, Attached
SEWER Septic Tank
STORIES 1
STYLE Ranch
SUBDIVISION None
TAXES 5000
WATER Private, Well
Listed with Pamela Prough, Carpenter Realtors Mooresville, Cell: 317-417-9463
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 12/16/25 12:15 AM PST
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2025.

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