36-Hole Turnkey Golf Facility on 294.12 Acres

Description

Business Overview

• 36-hole daily fee golf operation, family owned, operated, and expanded since 1970 (55 years).
• Sub S Corporation, registered Indiana domestic for-profit corporation.
• No mortgage on land or buildings.
• Favorable zoning; property taxes assessed via capitalization of income approach.
• Full Indiana Beer and Liquor License with catering permit.
• QuickBooks bookkeeping, Tee-On POS/inventory/online tee-time system, ADP payroll and payroll tax filing - full records available.
• All federal/state tax filings completed by an accredited CPA firm; records available.
• Customer e-mail database of 3,200+ verified addresses.
• Current management team - including a Certified GCSAA Superintendent and 3 Certified Pesticide Applicators - Staff is fully willing to staying with the new buyers.
• Active member: NGCOA / INGCOA / NFIB / GCSAA.

Real Estate & Facilities

• 294.12 acres, 36 regulation holes across two adjacent 18-hole courses connected by cart path, each with its own clubhouse and practice putting green.
• Historic two-story brick clubhouse on the National Register of Historic Places - restored, previously used as a second clubhouse, convertible to a residence; includes heat pump, additional restrooms, large parking lot, and cart/equipment storage.
• Main clubhouse with cart storage, large concrete parking lot, pro shop, snack/beverage bar, restrooms, and geothermal heat pump.
• 4-bedroom / 2-bath residence with basement and geothermal heat pump.
• Propane-heated maintenance building plus a separate cart and equipment storage building.
• 13-acre lighted driving range: range building with 11 covered hitting bays, restrooms, storage, office, and outing seating area (eight 6-ft round banquet tables, 50 folding chairs); practice sand trap and putting green; 500+ dozen new range balls added summer 2024.
• Additional 9-hole "Kids Klub" course (329 yards, 8" cups) designed for ages ten and under.
• On-course restroom/rain shelter on the Walnut Creek course.
• Approximately 1 mile of road frontage.
• Fiber-optic and wireless internet at both clubhouses, the residence, driving range pavilion, and maintenance building.

Equipment & Systems

• Full list of items included in sale is available under Documents
•  Full operational equipment fleet on-site: twenty 2021 and twenty 2023 Yamaha gas carts, purchased new and always garaged, plus twelve additional older carts maintained and used as needed.
• Complete mowing and maintenance equipment inventory.
• Irrigation system with pumps and on-course computer controls (new drives installed 2017).
• RainBird CirrusPRO Irrigation System - automation and integration across both Walnut Creek and Club Run courses completed spring 2026.
• Diesel and gasoline double-wall storage tanks and pumps in place.
• Chemicals stored in a dedicated, labeled building; full grounds management program with equipment, chemical, and fertilizer inventory records.
• Custom Gallus Golf App with GPS, course information, and scoring.
• Complete pro shop with inventory negotiable.

Water & Environmental

• No water restrictions on the property; irrigation drawn from a natural aquifer via the on-site gravel pit on the Walnut Creek course. Annual EPA report filed for water withdrawal.
• Wells tested quarterly for water quality.
• No chemical spills or history of EPA problems.
• City water and sewer available less than 2 miles away, at Marion Health Hospital.

Location & Market Drivers

• Grant County, IN - 7453 E 400 S, Marion, IN 46953 (Parcel ID 27-08-29-300-011.000-020).
• Within 2 miles of Interstate 69, Exit 259; 59 miles north of Indianapolis, 43 miles south of Fort Wayne.
• Five state-permitted advertising billboards on I-69 and SR 22/35 (north- and southbound readers); ground leases with Indiana Logo Sign Group for Mainline, Ramp, and Trailblazer signage.
• New Marion Health Hospital and a Lutheran Orthopedic Center within 2 miles; Parkview Hospital announced (May 2025) a new facility less than 5 miles from the property.
• Gas City Business/Industrial Park under construction within 3 miles.
• Gas City (nearest municipality, 4 miles) ranked #4 statewide in home value appreciation - 12.6% annual increase in median home values (announced June 2025).
• Three hotels and nine restaurants/fast-food operations within 2 miles (two added in the last 2 years).
• Campground directly across from the golf course entrance, currently undergoing upgrades - new shower facilities, clubhouse, campsites, and cabins.
• Indiana Wesleyan University and Taylor University both within 10 miles.
• Hoosier Park Racetrack and Casino 35 miles south via I-69.
• A large share of current play draws from Indianapolis and Fort Wayne, demonstrating reach across a large geographic area.
• LIV Golf debuted in Central Indiana in Westfield (60 miles south) in August 2025 and returned in 2026.

Recognition

• Golf Digest 4-Star rating.
• Featured on the cover of "Golf Business" magazine; featured articles in "Midwest Living" magazine.
• Management invited as speaker at the NGCOA conference in Pinehurst, N.C.; runner-up finalist for NGCOA National Course of the Year.
• Voted Grant County's Greatest Golf Course, 2024 and 2025.
• Course ratings updated September 2025 by the Indiana Golf Association.

Financials

• Detailed financial performance (revenue, NOI/cash flow) available to qualified, pre-vetted buyers upon execution of a non-disclosure agreement.
• Please Contact Chad Renbarger @ 317-418-7712 for more information. 

Directions:

Route Summary from I-69 Exit 59

• Exit: Take Exit 59 off I-69 toward Gas City / Marion.
• Eastbound: Go east on SR 22 for 1/4 mile.
• Northbound: Turn left (north) and drive for 1 exact mile.
• Right Turn: At the four-way stop, turn right (east) onto County Road 400 S and go 1/2 mile.
• Arrival: Walnut Creek will be on your left

Showing Instructions:

Call Chad Renbarger 317-418-7712 to schedule a showing.