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    6435 Shafer Ridge Rd Milltown, IN 47145

    Under Contract
    For Sale
    $54,900

    Cross Property - Milltown, IN

    Lot size:
    6.11 Acres
    Days on Market:
    405
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 6435 Shafer Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    RE020953
    Lot size
    6.11 Acres

    Building Details

    Architectural style
    Other

    eXp Realty (812) 734-6048 [email protected]

    Listing agent Misty Stanley (812) 734-6048

    Listing date Oct 28, 2024

    MLS# 2024011541 Listing URL

    Copyright © 2025 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Milltown Land with Creek

    This 6.11-acre property in Milltown, Indiana, offers a unique opportunity for building a dream home or a weekend nature retreat. The land features a wide and winding creek in the woods, a clear building spot, and a natural spring. Wildlife is abundant on the property. A new observation deck has been constructed for stargazing and viewing the Northern Lights. The property is located approximately 5 miles from the Louisville Astronomical Society's Dark Sky viewing location. Recreational opportunities are nearby, including swimming in the Blue River, Cave Country Canoes, Marengo Cave, and Wyandotte Park, all within 8 miles. The property is conveniently located just 3 miles from I-64. A successful perk test has been completed. Public water and electricity are available. The property is currently rented by Hipcamp travelers.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Realty agency Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milltown
    County
    Crawford
    State
    Indiana
    Longitude
    -86.339933
    Latitude
    38.273785

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    FAQs

    What type of property is this?
    Land - 6.11 acres with creek, ideal for home or retreat.
    Where is this land located?
    The property is located at 6435 Shafer Ridge Rd Milltown, IN.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: - Income-generating potential with existing Hipcamp rental history and rave reviews.; - Buildable 6.11-acre lot with a cleared spot and successful perk test completed.; - Features a wide, winding creek, natural spring, and abundant wildlife.
    (812) 734-6048
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    6435 Shafer Ridge Rd Milltown, IN 47145
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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
    6435 Shafer Ridge Rd Milltown, IN 47145
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