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Farm Estate with Three Lakes
For Sale
$3,300,000

8355 Margaret Drive, Terre Haute, IN 47803

Post-and-beam residence, agricultural facilities, timber, pasture, and extensive outdoor amenities create a versatile private farm setting.

Property Size230 SF
Price / SF$14,347
Days on Market50

Property Features for 8355 Margaret Drive

General Information

Standard status Active
Size 230 SF
Property subtype Farms
Listing Agency:
Listed By: Jeff Michalic
Source: Indianalandandlifestyle
Added: Jul 10 Changed: Aug 28 Last Checked: Aug 28 at 6:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeff Michalic

Investment Insights

Based on property information with market context.

Honey Creek Retreat is a 230±-acre farm estate centered on a post-and-beam residence with more than 5,000 square feet of living space. The home includes two wood-burning fireplaces, a main-level kitchen, a nearly complete lower-level kitchen, a guest suite above the attached three-car garage, expansive deck and covered-patio areas, and a secure walk-in gun room. An outdoor pavilion adds a full-stone fireplace, storage for cooking equipment, and camp-style bathrooms beside the main lake and dock.

Agricultural and recreational improvements include a cattle barn measuring approximately 58' x 112', with lean-tos, livestock or horse stalls, hay storage, fenced-pasture access, workshop space, and guest quarters with two bedrooms, two full bathrooms, a kitchen, and living and dining areas. A 36' x 80' car barn includes full glass doors, a vehicle lift, and a solar-powered system. Three lakes and ponds cover over 12 acres, while the property also contains approximately 22 acres of tillable ground, nearly 20 acres of fenced pasture, 48 acres of open ground, and approximately 128 acres of mature timber and wildlife habitat. A trap shooting house with electric trap thrower, power, and lighting is also included.

Key Highlights

  • 230± acres with three lakes and ponds covering over 12 acres
  • Post‑and‑beam home with more than 5,000 square feet of living space
  • Approximately 58' x 112' cattle barn with stalls, hay storage, workshop, and guest quarters

Property Analytics

Current Use

Hunting land

Suggested Use

Top Pick Law Firm

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

4
Businesses Nearby

Demographics for 47803, IN

21,832
Population
9,516
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
95%
High-School Grad
33.4 sq mi
ZIP Area
654
Density / Sq Mi
$59,306
Median Household Income
$35,454
Median Earnings
$895
Median Rent
$146,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Farm - Post-and-beam residence, agricultural facilities, timber, pasture, and extensive outdoor amenities create a versatile private farm setting.
Where is this farm located?
The property is located at 8355 Margaret Drive Terre Haute, IN.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 230± acres with three lakes and ponds covering over 12 acres; Post‑and‑beam home with more than 5,000 square feet of living space; Approximately 58' x 112' cattle barn with stalls, hay storage, workshop, and guest quarters
More about this property
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