Tract 5: Ridge Top Retreat With Income-Generating Oil Lease
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Summary
Property
- Type
- Recreational Land, Residential Land, Undeveloped Land
- Road Frontage
- State Highway, County Road
- Road Surface
- Pavement
Approximate Distances
| 11 | to Oakland City |
| 18 | to Jasper |
| 26 | to Toyota Princeton |
Utilities
| Electric: | Nearby |
| Internet: | Nearby |
| Water: | Nearby |
Features/Improvements
- Small Game
- Big Game
- Predators
- Seller's Mineral Rights Convey
Description
Welcome to Tract 5, an exceptional property with 800 feet of frontage along Old State Road 64 and 380 feet along Bethel Road (County Road 900 S). This tract features a stunning ridge top cabin site, ideal for a weekend retreat, camping spot, or primary home. With ample space for additional structures, including barns and pasture, it’s perfect for a range of uses.
Nestled in the southeast corner of Pike County, Indiana, Tract 5 is strategically positioned between Sugar Ridge Fish & Wildlife Area, Pike State Forestry, and Patoka River National Wildlife Refuge. This peaceful area offers tranquility and natural beauty, while the property itself is partially enrolled in Classified Forest, featuring primarily oak, hickory, and bottomland forests.
In addition to its scenic beauty, Tract 5 includes an income-producing active oil lease, with all rights included in the sale. This unique feature adds significant financial potential to the property, making it a rare investment opportunity.
The tract offers access to modern utilities, including a 4" water supply line, PSC fiber internet service, and CenterPoint electric service. Each tract on the property provides ideal buildable locations, with Tract 5’s ridge top site offering unparalleled views and potential.
Recreational opportunities abound. Whether you enjoy hiking, biking, or wildlife watching, this land is rich with deer, turkey, and other wildlife. The property’s location allows for easy access to fishing, morel mushroom hunting, and ginseng foraging.
Conveniently located just a few minutes' drive from I-69 or I-64, and with Interlake Off-Road Park and Lynnville Park nearby, this is a once-in-a-generation opportunity. Imagine having giant deer in your backyard, the serenity of nature, and no road noise—just the soothing sounds of crickets and frogs. Settle into this ideal area and embrace its tranquility and charm.
Agent Remarks:
Most of the buildable areas on the property have been surface mined; following current building standards is advised.
Details
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Ridge Top Cabin/Home site
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Actively Pumping Income Producing Oil Lease
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Frontage along SR 257 and Bethal Rd
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Direct access to water, electric and fiber internet services
Area Info
Other
Coordinates
38.2986, -87.1598
Annual Taxes
$450
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
