Key facts
- Lot
- 44.3 acres
- Type
- Land · Farm
- MLS #
- 22093961
- County
- Morgan
- Subdivision
- No Subdivision
About this home
44.30-acre corner tract located at the intersection of W Lewisville Road and Letterman Road in Paragon, Indiana. This parcel is part of a recorded minor plat and cannot be further subdivided. One single-family residence may be constructed on the property, while the primary use is well suited for continued row crop farming. Offering county road frontage on two sides, the land features level to gently rolling topography with municipal water, electric, and gas available nearby. A septic system will be required for residential construction. Whether you're looking to continue agricultural production, build a country home with acreage, or invest in quality farmland, this property offers a versatile opportunity in a convenient rural location. Buyer is responsible for verifying zoning, permits, soil suitability, and any other requirements for their intended use.
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Lot features
- Zoning
- SFR/AG
Schools
- Elementary school
- Eminence Elementary School
- High school
- Eminence Jr-Sr High School
- School district
- Eminence Community School Corp
Taxes
- Estimated annual tax
- $4,398 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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