$739,900

101 S Letterman Rd Paragon, IN 46166

Estimated payment $4,007/month

Total Views 302
2 Beds
1 Bath
1,581 Sq Ft
$468 Price per Sq Ft

Highlights

  • Popular Property
  • 77.5 Acre Lot
  • Wood Burning Stove
  • View of Trees or Woods
  • Mature Trees
  • No HOA

About This Home

Welcome to 101 Letterman Rd., a rare opportunity to own nearly 80 acres spread across three parcels. This property offers an ideal mix of wooded acreage with logging potential, making it perfect for hunting, recreation, or future investment. The home is tucked back off the road, providing plenty of peace and privacy. Inside, you'll find a cozy 2-bedroom layout with the possibility of a 3rd bedroom upstairs (no closet). Whether you're looking for a private retreat, a hunting property, or a place to simply call home, this one checks all the boxes.

Listing Agent

John Jones II

The Modglin Group License #RB17000882 Listed on: 09/09/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $776

Year Built

  • Built in 1920

Lot Details

  • 77.5 Acre Lot
  • Rural Setting
  • Mature Trees
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Property Views

  • Woods
  • Forest
  • Rural

Home Design

  • Block Foundation
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 55-07-36-400-015.000-018
  • Assessor Parcel Number 550736400015000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$776

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Split Level, Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1920
  • Building Area Total: 1845
  • Garage Y N: Yes
  • Lot Size Acres: 77.5
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hi-Speed Internet Availbl, Eat-in Kitchen
  • Living Area: 1581
  • Main Level Bedrooms: 1
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1054
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 527
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Storage Shed
  • Foundation Details: Block, Crawl Space, Slab
  • List Price: 739900
  • View: Trees/Woods, Rural, Forest
  • View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 576

Utilities

  • Utilities: Electricity Connected, Septic System
  • Cooling: Central Air
  • Heating: Propane, Wood Stove
  • Water Source: Well, Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 3375900
  • Parcel Number: 550736400015000018
  • Acres: >20 Acres
  • Price Acre: 9547

Tax Info

  • Tax Annual Amount: 776
  • Tax Lot: 55-07-36-400-015.000-018
  • Semi Annual Property Tax Amt: 388
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $776 $171,700 $40,400 $131,300
2023 $629 $154,000 $34,700 $119,300
2022 $547 $145,600 $32,900 $112,700
2021 $376 $119,000 $21,800 $97,200
2020 $327 $112,100 $21,800 $90,300
2019 $354 $111,400 $23,100 $88,300
2018 $300 $104,200 $23,300 $80,900
2017 $231 $90,000 $24,400 $65,600
2016 $244 $90,500 $24,900 $65,600
2014 $257 $98,900 $35,400 $63,500
2013 $257 $96,200 $32,700 $63,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $739,900 -- $468 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Mortgage History

Date Status Loan Amount Loan Type
Closed $133,500 New Conventional
Closed $50,100 Future Advance Clause Open End Mortgage
Closed $30,000 Credit Line Revolving
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22057566

MIBOR Broker Listing Cooperative®

APN: 55-07-36-400-015.000-018

Indiana Morgan County Paragon 46166

101 S Letterman Rd, Paragon, IN

This home is located at 101 S Letterman Rd, Paragon, IN 46166 and is currently priced at $739,900, approximately $467 per square foot. This property was built in 1920. 101 S Letterman Rd is a home located in Morgan County with nearby schools including Martinsville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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John Jones II
Listing Agent
John Jones II
Section Image
The Modglin Group
(765) 560-1646