Potential Income Producing Parcel With Home In Patoka Lake Region

5694 East County Road 925 S Marengo IN 47140  |  Orange County, IN
  • $199,900
  • 46.08 acres
  • Bedrooms3 Bedrooms
  • Bathrooms1 Bathroom

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Listing Status: Active
Listing Type: Sale
Property Type(s):
Irrigated: No
Residence: Yes
Property ID: 8810640
Property Website

Property Description

PRICE REDUCED! Imagine yourself sitting on the front porch swing during the summer with a cold drink in your hand, the breeze blowing through your hair, a beautiful view and your family gathered around. Close your eyes and let your mind take you back to a simpler time. If this place could talk, oh, the stories, it could tell.  It is a picture-perfect example of early Americana. “the family farm”. Based on courthouse records it appears this tract has been a “homeplace” since the 1880s. When you arrive on site and see the spectacular views and productive land, you’ll understand why people settled here and called this place home many years ago. Based on arrowheads and other artifacts found on site, it’s obvious this has been a special place, much earlier than courthouse records. The 1300 square foot, 3-bedroom one bath farmhouse, appears to have been built in 1953 and has been well maintained through the years. The kitchen comes equipped with newer appliances. The home is suitable as a permanent residence or weekend getaway. The choice is up to you, and the options are many. The house is on the grid with municipal water and electric. This tract has multiple large barns and outbuildings that are in remarkably good shape for their age and could be used for a variety of purposes. Most of the buildings appeared on the tax record in 1953. Are you looking for an investment that generates income? If so, use the 38+- acres of tillable land and have a neighboring farmer plant corn or soybeans. Earn cash you can use to pay taxes and maintain the property. Like to raise horses or cattle? You’ll have no shortage of quality pasture ground. Another opportunity to generate income comes in the form of 6+- acres of marketable timber. If you’d like, cut some timber and put some cash back in your pocket. If this tract is more than you had in mind, fear not. Buy the entire tract and sell the portions you don’t need. This tract lays out perfectly with ample road frontage to multiple building sites and for a split into large lots of several acres each. A true investment opportunity! Like to hunt? You’ll have no problem finding ample wild game. Throughout the years many fine bucks have been taken. This area is well known to have thriving wildlife populations of deer, turkey and many other desirable wildlife species.  Shown by appointment only with advanced notice. 

Property Features:

- Municipal water and electric
- Patoka Lake and approximately 25,600 acres of woods, water and outdoor fun nearby
- Close to Harrison Crawford State Forest
- Close to French Lick
- Close to Hoosier National Forest
- On a paved county road
- Weekend getaway or permanent home, the choice is up to you and the options are many
- Shown by appointment only with advanced notice

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Dan Bates

Whitetail Properties

(812) 725-5540 (work)
(812) 725-5540 (mobile)

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Dan Bates

Whitetail Properties

(812) 725-5540 (work)
(812) 725-5540 (mobile)

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