US 421, Osgood, IN 47037

$675,000

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List Price
$675,000
MLS#
22117611
Property Type
Land
Days on Market
5
Status
ACTIVE

Property Description

This 43 acre private lake property in Ripley County, Indiana, combines waterfront recreation, wooded privacy, and build-ready infrastructure in a secluded setting more than 1,000 feet off State Hwy 421 near Osgood and Versailles. Featuring an approximately 8-acre private lake, mature hardwoods, electric, water, and an approved 2026 perc test, the property is well suited for a lakefront home, vacation cabin, hunting property, recreational retreat, or rental cabin development. The lake is professionally stocked with largemouth bass through Jones Fish Hatchery and offers fishing, kayaking, canoeing, bird watching, and waterfront recreation. Three docks provide convenient lake access, with new deck boards installed on two of the primary docks in 2026. A professionally engineered concrete spillway replaced the original galvanized pipe, representing an investment of more than $25,000 while providing dependable long-term water management. The balance of the property consists of mature hardwood timber with an established trail system for hiking, ATV or UTV riding, hunting, fishing, and property maintenance. The combination of wooded habitat, private lake frontage, and surrounding agricultural ground supports healthy populations of whitetail deer, wild turkey, waterfowl, and other wildlife. Electric, water, and an approved perc test provide a strong foundation for future improvements. The property is also enrolled in Indiana's Classified Forest and Wildlands Program, offering reduced property taxes while encouraging responsible forest management and wildlife habitat. Right at 1 hour from I-465 in Indianapolis and less than 1 hour to the Greater Cincinnati area to the east. Combining a stocked private lake, established infrastructure, mature timber, abundant wildlife, and a secluded location, this Southeast Indiana property offers opportunities for fishing, hunting, camping, bird watching, waterfront living, and year-round recreation.

Additional Information

Present Zoning
Agricultur
Land Characteristics
Creek On Property, Lake Front, Mature Trees, Rural, Rural Not in Subdivision, Small Trees, Water Acces, Water View, Wooded
Topography
Level, Wooded
Soil Type
Loam
Development Status
NoStatus
Facilities on Site
Electric, Water
Facilities near Site
None
Water
Municipal Water on Site
Sewer
Septic Needed
Road Access
Access Rd, See Remarks
Road Frontage
Easement, Highway
Road Surface
Gravel
Acres
43.35
Water
Municipal Water on Site
Region
Center

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Whitetail Properties.

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