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    156 S Waggoner Rd Paragon, IN 46166

    For Sale
    $150,000

    Residential Lots - Paragon, IN

    Lot size:
    11.78 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 156 S Waggoner Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    551103100004002018
    Lot size
    11.78 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Indy South (317) 884-5000 [email protected]

    Listing agent Mark Coffey (317) 884-5000 License #RB16000389

    Listing date Nov 6, 2025

    MLS# 22072034 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Morgan County Estate with Acreage

    This 11.78-acre estate is located in rural Morgan County. The property features country views and includes pasture areas and mature trees. An old barn is present on the property, but it is noted as holding no value. The land is currently undeveloped.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Paragon
    County
    Morgan
    State
    Indiana
    Longitude
    -86.627311
    Latitude
    39.421248

    Nearby Similar for Sale

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      Farm/Estate property for sale in Paragon, Indiana.
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    • $749,000
      4,800 SF

      food and fun for as long as anyone can remember! The property also includes two residential homes which are leased for $2

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    FAQs

    What type of property is this?
    Land - 11.78 acre estate in rural Morgan County.
    Where is this land located?
    The property is located at 156 S Waggoner Rd Paragon, IN.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - 11.8 acre estate; - Incredible country views; - Rural Morgan County location
    (317) 884-5000
    Request Owner's contact information
    156 S Waggoner Rd Paragon, IN 46166
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 S Waggoner Rd Paragon, IN 46166
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