$49,900

4328 Peggy Hollow Rd Shoals, IN 47581

Estimated payment $288/month

Total Views 297
5 Acres
$9,980 Price per Acre
217,800 Sq Ft Lot

About This Lot

Tucked away in a quiet part of scenic Martin County, this 5+/- acre property offers a secluded setting surrounded by expansive natural landscapes. With direct access to thousands of acres of Hoosier National Forest nearby, it provides opportunities for exploration, outdoor recreation, and a base camp for enjoying southern Indiana. The property has approximately 375 feet of county road frontage along gravel-surfaced Peggy Hollow Road, offering reliable access. Electric service runs along the road, making future utility connections possible. A well or cistern would be needed for water service if a dwelling or cabin were planned. One of the natural highlights of the tract is a rock-lined wet weather drainage that winds through the landscape. This feature adds character to the property and contributes to the diverse habitat found here. The surrounding hardwood forest supports a wide variety of wildlife species, including white-tailed deer, wild turkey, barred owls, bald eagles, and pileated woodpeckers, making it a location where nature and wildlife activity are part of the experience. The terrain consists primarily of wooded ground, providing cover, shade, and the potential for multiple recreational uses. Whether the property is used for camping, hiking, hunting, or simply as a quiet getaway, its size and location make it versatile. The setting combines remoteness with accessibility, as it is only a short drive from the historic towns of French Lick and West Baden. These communities offer dining, lodging, entertainment, and services, allowing the property to serve both as a retreat and as a practical base close to amenities. The tract is well-positioned for those interested in outdoor recreation across southern Indiana. With the Hoosier National Forest nearby, opportunities for extended hiking, horseback riding, wildlife viewing, and seasonal hunting are all within easy reach. At the same time, the property’s manageable acreage size makes it practical to own and maintain. This Martin County property balances seclusion, natural features, and access. It could serve as a weekend retreat, a small hunting parcel, or a starting point for those looking to enjoy the extensive recreational opportunities available in the region.

Listing Agent

Zach Holt

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954 Listed on: 10/01/2025

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

  • $280

Lot Details

  • 5 Acre Lot
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 51-11-33-400-027.000-005

Property Details

Property Type

Land

Est. Annual Taxes

$280

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Thompson Woods Sub Division Pt Lot 2 2.5 Ac Thompson Woods Subdivision Pt Lot 2 34 2 3 2.5 Ac
  • Parcel Number ID: 51-11-33-400-027.000-005
  • Platted: Yes
  • Parcel Id2: 51-11-34-300-022.000-005
  • Road Access: County
  • Road Surface: Gravel
  • Parcel Description: Heavily Wooded, Irregular, 3-5.9999
  • Can Be Subdivided: Yes
  • Type Use: Agriculture, Camp/RV with Land, Recreational
  • Special Features: None

Exterior Features

  • Road Frontage: County

Schools

  • Elementary School: Shoals Community

Lot Info

  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5

Tax Info

  • Annual Taxes: 280

MLS Schools

  • High School: Shoals
  • Middle School: Shoals Community
  • School District: Shoals Community School Corp.

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 For Sale $49,900 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202540157

Indiana Regional MLS