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7161 State Road 158

Bedford, IN 47421

ActiveListed Aug 29, 2026 · 9 days on market

Key facts

Beds
2
Baths
1 full
Living area
1,042 sqft
Lot
75.926 acres
Year built
1920
Type
Residential · Farm
Stories
One
Garage
2 spaces
MLS #
22123371
County
Lawrence
Subdivision
No Subdivision

About this home

Welcome to 7161 State Road 158 Bedford, IN, where peaceful country living meets long term investment potential! Inside the home, you'll find two generously sized bedrooms, one bathroom and a spacious layout for comfortable living. Step outside onto the inviting front porch - an ideal place to start the day with a cup of coffee or unwind at the end of the day. Accompanying the home are multiple detached buildings that can function as garage or shop space (including insulation, electric, and concrete floor). The balance of the property consists of approximately 75 acres - picturesque rolling pasture, pond, and mature forest, making it well suited for those looking to start or expand an agricultural enterprise, or have acreage for a family compound. If hunting big bucks in the fall or chasing a gobbler in the spring is on your bucket list, this farm could become your honey hole with a diverse offering of forest for bedding and cover, and plenty of field edge and food plot potential mixed into the current hay and pasture areas. Be in the stand before sunup a short distance from the house, or a quick trip up the road to the other side of the property using the more than 1 mile of road frontage! Whether you're searching for a hobby farm, real estate with development potential, or a place to enjoy the outdoors with room to spread out, this property offers the space and setting to make it your own. Schedule your showing and see everything that this country property has to offer!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerMicrowaveElectric OvenPropane Water Heater
Interior features
Walk-In Closet(s)
Rooms
7
Main-level bedrooms
2

Exterior

Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Crawl Space
Style
Traditional
Parking and garage
Detached
Fencing
Partial

Systems

Heating
Zoned
Cooling
Dual
Water
Public

Schools

School district
North Lawrence Com Schools

Taxes

Estimated annual tax
$1,038 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$5,477per month, estimated
Principal and interest $5,041Property tax $87Insurance $350
20% · $200,000
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$999,999
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