For sale $51,500 | 5.73± Acres

Tract 5: Ridge Top Retreat With Income-Generating Oil Lease

off State Rd 257 Stendal, IN 47585 – Pike | View on Google Maps

Recreational Land Residential Land Undeveloped Land

Description

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.

Agent Remarks:

Most of the buildable areas on the property have been surface mined; following current building standards is advised.

Summary

Property SummaryProperty

Property Type

Recreational Land, Residential Land, Undeveloped Land

Road Frontage

State Highway, County Road

Road Surface

Pavement

Property Summary Approximate Distances

11 Oakland City
18 Jasper
26 Toyota Princeton

Land DetailsUtilities

electric: nearby

internet: nearby

water: nearby

Details

  • Ridge Top Cabin/Home site
  • Actively Pumping Income Producing Oil Lease
  • Frontage along SR 257 and Bethal Rd
  • Direct access to water, electric and fiber internet services

Other

Coordinates

38.2986, -87.1598

Annual Taxes

$450

Listing Agents

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