$222,500
SOLD SEP 2, 2025

off E County Road 50 S Francisco, IN 47649

36.55 Acres
$6,087 Price per Acre
1,592,162 Sq Ft Lot

Recently Sold

51% Below List Price

187 Days on Market

Highlights

  • 3,475 Feet of Waterfront
  • 36.55 Acre Lot
  • Agricultural
  • Access To Lake
  • Lake, Pond or Stream

About This Lot

As of September 2025

Nestled in eastern Gibson County, between Francisco and Oakland City, this exceptional property presents a rare opportunity. Directly adjoining hundreds of acres of restricted-access Peabody Lands and situated within the Patoka National Wildlife Refuge acquisition area, this land is a haven for migratory birds and diverse wildlife. Waterfowl, bald eagles, and other native species frequent the area, drawn by the refuge’s rich habitat. Conveniently located just minutes from I-69 and a short drive to I-64, accessibility is seamless, yet the property retains a secluded and private feel. It boasts over 2,500 feet of graveled county road frontage, with electrical service already on-site and an approved septic location near the west side of the lake. The centerpiece of the property is an awe-inspiring 17.5-acre private lake, providing stunning scenery, endless outdoor enjoyment, and unmatched potential for future development. Encircled by 10+/- acres of planted hardwood timber, the landscape is alive with wildlife, with trails and deer sign evident throughout the property. This is a prime destination for hunters, nature enthusiasts, or anyone seeking a tranquil lakeside escape. Whether you’re looking to diversify your portfolio, build a dream retreat, or enjoy world-class outdoor recreation, this property offers an unparalleled opportunity. Don’t miss your chance to own this truly unique piece of Gibson County land.

Last Agent to Sell the Property

Zach Holt

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954 Listed on: 02/06/2025

Whitetail Properties Real Estate

Co-Listed By

Kris Christianson

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

Last Buyer's Agent

Zach Holt

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954 Listed on: 02/06/2025

Whitetail Properties Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,013

Lot Details

  • 36.55 Acre Lot
  • 3,475 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream

Schools

  • Wood Memorial Elementary And Middle School
  • Wood Memorial High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 26-13-09-100-000.446-004

Property Details

Property Type

Land

Est. Annual Taxes

$1,013

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Waterfront: Yes
  • Legal Description: Pt W 9 2 9 58.80 Ac C 1 D 6 (part of)
  • Parcel Number ID: 26-13-09-100-000.446-004
  • Platted: Yes
  • Road Access: County
  • Road Surface: Gravel
  • Parcel Description: Irregular, Partially Wooded, Waterfront, Undeveloped, Flood Plain, 15+, Waterfront-Level Bank
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Agriculture, Residential, Camp/RV with Land, Recreational
  • Special Features: None

Exterior Features

  • Water Features: Walk to Lake Access
  • Water Frontage: 3475
  • Water Name: Private Lake
  • Road Frontage: County

Utilities

  • Water Type: Lake
  • Electricity Type: Available

Schools

  • Elementary School: Wood Memorial

Lot Info

  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 1559448
  • Estimated Lot Size Acres: 36.551
  • Easements: Yes

Tax Info

  • Annual Taxes: 1013

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Wood Memorial
  • Middle School: Wood Memorial
  • School District: East Gibson S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
Jun 27, 2025
Sold by
Meyer Douglas K and Meyer Carla A
Bought by
Schwomeyer Paxton Jerad
Seller's Agent
Zach Holt
Whitetail Properties Real Estate
Buyer's Agent
Zach Holt
Whitetail Properties Real Estate
List Price
$197,800
Sold Price
$197,800
Views
1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2025 09/02/25 Sold $222,500 +12.5% --
08/12/2025 08/12/25 Pending -- -- --
06/30/2025 06/30/25 Sold $197,800 -14.0% -- View Prior Sale
05/07/2025 05/07/25 Price Changed $229,900 -8.0% --
03/18/2025 03/18/25 Price Changed $249,900 +26.3% --
03/18/2025 03/18/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $197,800 -56.0% --
02/06/2025 02/06/25 For Sale $449,900 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

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 $1,174 $76,700 $76,700 $0
2023 $1,051 $64,000 $64,000 $0
2022 $790 $50,500 $50,500 $0
2021 $749 $43,500 $43,500 $0
2020 $780 $43,100 $43,100 $0
2019 $903 $52,500 $52,500 $0
2018 $905 $54,200 $54,200 $0
2017 $999 $62,300 $62,300 $0
2016 $1,025 $66,000 $66,000 $0
2014 $1,038 $69,000 $69,000 $0
2013 -- $59,300 $59,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202503773

Indiana Regional MLS

APN: 26-13-09-100-000.446-004