The southern Brown County town of Story is for sale for $3.8 million. (Laura Lane / Herald-Times)
The southern Brown County town of Story is for sale for $3.8 million. (Laura Lane / Herald-Times)
STORY — The southern Brown County town of Story — more a crossroads than a town, since there’s no post office, no local government and no citizens except tourists who come and go — is for sale.

The asking price: $3.8 million.

Longtime Story Inn owner Rick Hofstetter said he wants to separate the town from the restaurant/bed-and-breakfast business. 

“The town’s fortunes should be decoupled from our hospitality operations,” the 62-year-old attorney explained Friday. “Macy’s doesn’t own the mall.”

In March, the village was listed on the National Register of Historic Places. “We now want to assure the town’s continued survival with an orderly transition into safe hands,” Hofstetter said, adding that potential buyers must be willing to abide by covenants put in place to preserve the town’s historic integrity.

“The Story Inn will continue in operation as it has in the past, but as a lessee/tenant,” Hofstetter explained. “Nothing will change from our customers’ perspective.”

Hofstetter issued a news release explaining the proposed deal that he hopes will preserve what he calls “an entire historic town nestled in the hills of southern Indiana” that was established in 1851.

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