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0 US 421

Osgood, IN 47037

PendingListed Jul 31, 2026 · 49 days on market

Key facts

Lot
43.35 acres
Type
Land · Residential Lots
MLS #
22117611
County
Ripley
Subdivision
No Subdivision

About this home

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 home, vacation cabin, hunting property, recreational retreat, or rental cabin development. The lake is professionally stocked with largemouth bass through Jones Fish Hatchery and offers fishing, kayaking, canoeing, bird watching, and waterfront recreation. Three docks provide convenient lake access, with new deck boards installed on two of the primary docks in 2026. A professionally engineered concrete spillway replaced the original galvanized pipe, representing an investment of more than $25,000 while providing dependable long-term water management. The balance of the property consists of mature hardwood timber with an established trail system 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 wildlife. Electric, water, and an approved perc test provide a strong foundation for future improvements. The property is also enrolled in Indiana's Classified Forest and Wildlands Program, offering reduced property taxes while encouraging responsible forest management and wildlife habitat. Right at 1 hour from I-465 in Indianapolis and less than 1 hour to the Greater Cincinnati area to the east. Combining a stocked private lake, established infrastructure, mature timber, abundant wildlife, and a secluded location, this Southeast Indiana property offers opportunities for fishing, hunting, camping, bird watching, waterfront living, and year-round recreation.

Description provided by the listing brokerage.

Exterior

View
Creek/StreamForestLakeRuralTrees/WoodsWater
Waterfront
CreekDockLake FrontWater AccessWater ViewWaterfront
Other structures
Equipment Shed

Systems

Water
Public
Sewer
Septic Needed

Lot and HOA

Lot features
Not In SubdivisionRural - Not SubdivisionMature TreesTrees-Small (Under 20 Ft)Wooded
Zoning
Ag

Schools

Elementary school
Jac-Cen-Del Elementary School
High school
Jac-Cen-Del MS/HS
School district
Jac-Cen-Del Community Sch Corp

Taxes

Estimated annual tax
$88 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,646per month, estimated
Principal and interest $3,403Property tax $7Insurance $236
20% · $135,000
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$675,000
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