Buy A Town
Looking for a quaint little place to move?
In Indiana, the town of Story — with a population of three people — is on the market for $3.8 million.
For that price, you get 17.4 acres with a historic general store, fenced horse pastures, an old grain mill, several barns, rental cabins and outbuildings that include two 19th-century outhouses.
And as of 2018, only three people — plus four dogs and a resident ghost — lived in the town, located about an hour south of Indianapolis. The only employer is a bed-and-breakfast called the Story Inn.
The B&B’s owner, 62-year-old lawyer Rick Hofstetter, also owns the town. He plans to keep the hotel — which, as the state’s oldest country inn, attracts visitors — but wants to relinquish the responsibility of managing the rest of the properties.
“The town’s fortunes should be decoupled from our hospitality operations,” he told the Herald-Times. “Macy’s doesn’t own the mall.”
The lucky buyer will get what Hofstetter calls “an entire historic town nestled in the hills of southern Indiana” that dates back to 1851, per the listing.
“This is not a reconstruction of an authentic little town,” Hofstetter told WANE-TV in Fort Wayne. “This is an authentic little town.”Link to Article