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5727 S Gilmore Ridge Lane

Nashville, IN 47448

ActiveListed Apr 24, 2026 · 123 days on market

Key facts

Lot
12.26 acres
Type
Land · Residential Lots
MLS #
22097307
County
Monroe
Subdivision
No Subdivision

About this home

Incredible opportunity to own 12.26 acres with waterfront access to Lake Monroe! This scenic property offers approximately 300 feet of shoreline with a beautiful mix of sand and river rock beach. The water near the shore is approximately 4-8 feet deep and easily navigable, perfect for enjoying lake life and shore overnighting. The property features gated shared private entrance access, a private road, and an easement to a shared private beach. Improvements include a newer garage/cabin with loft on a concrete pad, fresh water cistern, and electric available on the private road. Previous owner also obtained well and septic permits. Two years of tree clearing have created open spaces for building, camping, or future development while still maintaining privacy and a natural wooded setting. Wildlife such as deer, turkey, and rabbits are frequently seen throughout the property. A rare chance to own flat, buildable acreage with lake access, privacy, and endless possibilities near Lake Monroe. Want more land next to this? Check out 5735 S Gilmore Ridge that is also for sale!

Description provided by the listing brokerage.

Exterior

View
LakeTrees/Woods
Waterfront
Lake FrontWaterfront
Other structures
Equipment Shed

Systems

Sewer
Not Applicable

Lot and HOA

Lot features
Mature TreesWooded
Zoning
residential

Schools

Elementary school
Monroe Central Elementary School
High school
Monroe Central Jr-Sr High School
School district
Monroe Central School Corp

Taxes

Estimated annual tax
$2,294 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,482per month, estimated
Principal and interest $2,142Property tax $191Insurance $149
20% · $85,000
6.47%
Loan type
Loan term

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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Listed at$425,000
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