$675,000

Highway 421 Unit LtWP001 Osgood, IN 47037

Estimated payment $4,381/month

43.32 Acres
$15,582 Price per Acre
1,887,019 Sq Ft Lot

About This Lot

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 residence, vacation cabin, rental cabins, hunting property, or recreational retreat. Professionally stocked with largemouth bass through Jones Fish Hatchery, the established 8-acre lake offers quality fishing along with opportunities for kayaking, canoeing, bird watching, and enjoying the waterfront. Three docks provide convenient lake access, with new deck boards installed on two of the primary docks in 2026. The lake also features a professionally engineered concrete spillway that replaced the original galvanized pipe. Representing an investment of more than $25,000, the upgraded spillway provides dependable long-term water management. The balance of the property consists of mature hardwood timber with an established trail system providing access 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 native wildlife. With electric and water service already in place and a completed perc test, much of the groundwork has been laid for future improvements, subject to local regulations and approvals. Whether building a full-time waterfront home, creating a family getaway, establishing RV camping, or developing rental cabins, the existing infrastructure offers flexibility for a variety of future uses. The property is enrolled in Indiana's Classified Forest and Wildlands Program, providing reduced property taxes while promoting responsible forest management and wildlife habitat. Combining a private stocked lake, established infrastructure, mature timber, and a secluded location, this Southeast Indiana property offers a unique opportunity for fishing, hunting, recreation, and waterfront living.

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Current uses include hunting/fishing, row crop, timber
  • Potential uses include log cabin

Community Details

  • Campground in community

Property Details

Property Type

Land

Listing Details

  • Office Phone: 317-701-8655
  • Listing Website: https://www.land.com/property/highway-421-ltnumber-wp001-osgood-indiana-47037/28301507/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Log Cabin
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Waterfront: True

Condo/Co-op/Association

  • Amenities: Campground

Lot Info

  • Current Use: Hunting/Fishing, Row Crop, Timber
  • Lot Description: Waterfront/Lakefront

Multi Family

  • Utilities Available: Electric Avail On Site

Map

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Property History

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Date Event Price List to Sale Price per Sq Ft
08/01/2026 08/01/26 For Sale $675,000 -- --
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