240 E Farver Street Shipshewana, IN 46565

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Hotel & Motel • 57Y Old

For Auction

240 E Farver Street

1.14 Acre
Property Description

THIS PROPERTY BEING OFFERED AT PHONE BID/ONLINE AUCTION WITH A STARTING BID OF $595,000! The Old Carriage Inn is a premium boutique lodging destination strategically positioned in the heart of Shipshewana’s entertainment and tourism corridor! This is far more than just a building — you are purchasing location, future cash flow, tourism demand, event traffic, and an established reputation. Located directly across from the Michiana Event Center, with a walking path to one of the largest flea markets in the United States, and just minutes from the nationally recognized Blue Gate Theatre entertainment district. This 11-room (plus owner’s 3-bedroom living quarters) boutique lodging property is perfectly positioned to capitalize on the region’s year-round tourism and event-driven economy. With large-group accommodations, walkable access to major attractions, and limited competing inventory of similar scale, the property offers exceptional revenue potential and strong long-term appreciation.

Directions

From the Intersection of State Road 5 (Van Buren) & 200 North (Farver St.): Travel east to the property. Watch for auction signs!

Map to 240 E Farver Street, Shipshewana, IN 46565

Property
MLS # 202620507
Date Listed 2026-05-28
Status Active
Property Type Commercial
Property SubType Hotel & Motel
New Construction No
Type Hotel & Motel
Basement Yes
Annual Taxes $10,865.00
Year Taxes Payable 2025 payable 2026
Year Built 1969
Virtual Tour propertypanorama.com »
Days on Market 43
Room Dimensions
Den 2 × 2792 Level
Master Bedroom 2792 × 100 Level
2nd Bedroom 1702 × Level
3rd Bedroom 13 × 1 Level
External Features
Construction Hotel & Motel
Lot Size 49,658 sq ft
Acreage 1.14 Acre
Lot Dimensions 265' x 185'
Fence None
Location
Area LaGrange County
County LaGrange
Subdivision None
Township Newbury
City Shipshewana
State IN
Zip 46565
Financial
Assoc. Dues $0.00

MLS# 202620507
Listing Provided Courtesy of Michael Patka
Grogg Martin Realty
Offc: 260-350-7331

Listing updated June 29, 2026 at 5:00 pm
Last checked 4 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and 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.

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