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Milltown Land with Creek
For Sale
$54,900
Pending

6435 Shafer Ridge Road, Milltown, IN 47145

LAND - Milltown, IN

Property SizeContact for details
Lot Size6.11 Acres
Days on Market663

Property Features for 6435 Shafer Ridge Road

General Information

Property type Land
Property subtype Other
Lot features Creek, Garden Area, Panoramic View, Park-like View, Scenic View, Wooded Lot
Directions From I-64 take highway 66 to Shaffer Ridge, property on right.
Standard status Pending
APN RE020953
Lot size 6.11 Acres

Taxes and HOA fees

Tax Year 4047
Tax Description PT N1/2 7-3-2E 6.111A (TRACT #3)
Tax Annual Amount 162
Legal Description PT N1/2 7-3-2E 6.111A (TRACT #3)

Utilities

Water source Spring, Public
Listing Agency: eXp Realty, LLC
Listed By: Misty Stanley
Added: Oct 11, 2024 Changed: Aug 2 Last Checked: Aug 4 at 7:06AM
MLS# 2024011541

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

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. It is located just 3 miles off I-64. A new observation deck is present for stargazing and viewing the Northern Lights. The property is conveniently situated 5 miles from the Louisville Astronomical Society's Dark Sky viewing location and within 8 miles of attractions such as the Blue River, Cave Country Canoes, Marengo Cave, and Wyandotte Park. A successful perk test has been completed. Public water and electricity are available. The land is currently rented by Hipcamp travelers and receives positive reviews. The property is located at 6435 Shafer Ridge Road, Milltown, IN 47145.

Key Highlights

  • Income‑generating potential with existing Hipcamp rental history and rave reviews.
  • Buildable land with a clear spot and successful perk test completed.
  • Abundant natural features including a creek, woods, natural spring, and wildlife.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 47145, IN

1,908
Population
972
Households
2
Avg Household Size
46
Median Age
11%
College-Educated
81%
High-School Grad
40.0 sq mi
ZIP Area
48
Density / Sq Mi
$47,988
Median Household Income
$43,380
Median Earnings
$885
Median Rent
$122,400
Median Home Value

Market

Properties on Market for Land in Milltown

Feb
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Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 6.11 acres with creek, ideal for nature retreat.
Where is this land located?
The property is located at 6435 Shafer Ridge Road 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 land with a clear spot and successful perk test completed.; Abundant natural features including a creek, woods, natural spring, and wildlife.
More about this property
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