$491,850
$55K PRICE DROP

2 Off Us 231 and Mt Calvary Rd Loogootee, IN 47553

Estimated payment $2,676/month

Total Views 9,179
21.86 Acres
$22,500 Price per Acre
952,222 Sq Ft Lot

Highlights

  • 21.86 Acre Lot
  • Loogootee Junior/Senior High School Rated 9+
  • Agricultural

About This Lot

(Tract 2) This large tillable acreage is a perfect investment opportunity or prime build site—great road frontage with utilities available off Mt Calvary Rd. Once on the property, you will see the expansive and open ground, which is perfect for building a custom home or using it as an investment property with cash rent income. The seclusion and privacy on this tract is astounding. Expect long-range farming views, with occasional wildlife crossing the property. The commute to Loogootee is less than 3 minutes to the south while going north, you can be on I-69 or at Crane within 15 minutes. Currently, crop production has more tillable acreage available. (Land has tenant farmer with farming rights till crops are harvested this fall 2025)

Listing Agent

Zach Holt

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954 Listed on: 03/26/2025

Whitetail Properties Real Estate

Co-Listing Agent

Kris Christianson

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $950

Lot Details

  • 21.86 Acre Lot
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • Loogootee Elementary And Middle School
  • Loogootee High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 51-08-12-400-071.000-007

Property Details

Property Type

Land

Est. Annual Taxes

$950

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: 007 12350 64 S1/2 Se 12 3 5 73.36 Ac Changed Per Survey (part of)
  • Parcel Number ID: 51-08-12-400-071.000-007
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Parcel Description: Irregular, Undeveloped, 15+
  • Can Be Subdivided: Yes
  • Type Use: Agriculture, Residential, Recreational
  • Year Taxes Payable: 2025
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Available
  • Electricity Type: Available

Schools

  • School District: Loogootee Community S.D.
  • Elementary School: Loogootee
  • Middle School: Loogootee
  • High School: Loogootee
  • Elementary School: Loogootee

Lot Info

  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 952222
  • Estimated Lot Size Acres: 21.86
  • Easements: Yes

Tax Info

  • Annual Taxes: 950

MLS Schools

  • High School: Loogootee
  • Middle School: Loogootee
  • School District: Loogootee Community S.D.

Map

Range of Values:

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Average Value
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List Price
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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 $1,669 $110,400 $110,400 $0
2023 $1,669 $92,000 $92,000 $0
2022 $989 $72,600 $72,600 $0
2021 $1,019 $62,400 $62,400 $0
2020 $1,015 $62,000 $62,000 $0
2019 $1,211 $75,500 $75,500 $0
2018 $1,300 $78,000 $78,000 $0
2017 $1,411 $89,600 $89,600 $0
2016 $1,460 $94,900 $94,900 $0
2014 $1,527 $107,400 $107,400 $0
2013 -- $92,300 $92,300 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $491,850 -10.0% --
03/26/2025 03/26/25 For Sale $546,500 -- --
Source: Indiana Regional MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $52,000 Stand Alone First
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202510266

Indiana Regional MLS

APN: 51-08-12-400-071.000-007