$99,000
For Sale

5 State Road 257

Stendal, IN 47585
Browse 12 photos
Type:Purchase
Structure:Farm
Zone:Residential

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, it’s 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 5’s 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 property’s 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 noise—just the soothing sounds of crickets and frogs. Settle into this ideal area and embrace its tranquility and charm.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyPike County
  • Other
      • MLS #202429512

Location

Hilary CasstevensReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00