1049404688973239
5 State Road 257 Stendal, IN 47585
Listing Courtesy of: INDIANA REGIONAL MLS, INC / Whitetail Properties Real Estate / Zach Holt - Contact:  Cell: 812-887-2954

  5 State Road 257 Stendal, IN 47585

Active (162 Days)
$51,500

Description

(Tract 5) Welcome to Tract 5, an exceptional property with 800 feet of frontage along Old State Road 64 and 380 feet along Bethel Road (County Road 900 S). This tract features a stunning ridge top cabin site, ideal for a weekend retreat, camping spot, or primary home. With ample space for additional structures, including barns and pasture, its perfect for a range of uses. Nestled in the southeast corner of Pike County, Indiana, Tract 5 is strategically positioned between Sugar Ridge Fish & Wildlife Area, Pike State Forestry, and Patoka River National Wildlife Refuge. This peaceful area offers tranquility and natural beauty, while the property itself is partially enrolled in Classified Forest, featuring primarily oak, hickory, and bottomland forests. In addition to its scenic beauty, Tract 5 includes an income-producing active oil lease, with all rights included in the sale. This unique feature adds significant financial potential to the property, making it a rare investment opportunity. The tract offers access to modern utilities, including a 4" water supply line, PSC fiber internet service, and CenterPoint electric service. Each tract on the property provides ideal buildable locations, with Tract 5s ridge top site offering unparalleled views and potential. Recreational opportunities abound. Whether you enjoy hiking, biking, or wildlife watching, this land is rich with deer, turkey, and other wildlife. The propertys location allows for easy access to fishing, morel mushroom hunting, and ginseng foraging. Conveniently located just a few minutes' drive from I-69 or I-64, and with Interlake Off-Road Park and Lynnville Park nearby, this is a once-in-a-generation opportunity. Imagine having giant deer in your backyard, the serenity of nature, and no road noisejust the soothing sounds of crickets and frogs. Settle into this ideal area and embrace its tranquility and charm.

MLS #:
202429512
Lot Size
5.73 acres
Type
Land
School District
Pike County School Corp.
County
Pike County
Community
None

Listed By

Zach Holt, Whitetail Properties Real Estate, Contact: Cell: 812-887-2954
Source
INDIANA REGIONAL MLS, INC
Last checked Jan 15 2025 at 8:22 AM GMT+0000
Bathroom Details
Subdivision
  • None
Utility Information
  • Utilities: Available
  • Fuel: None
School Information
  • Elementary School: Winslow
  • Middle School: Pike Central
  • High School: Pike Central
Additional Information: Whitetail Properties Real Estate | Cell: 812-887-2954
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 18, 2024
Price Changed
$51,500
-48%
-47,500

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by ERA First Advantage Realty, Inc. and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: 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. © 2025 Indiana Regional MLS.. 1/15/25 00:22