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OFF-MARKET
Land

0 139+/- Acres Of Mature Timber With Potential Bedford, IN 47421

139 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 139+/- acre property in Lawrence County, Indiana, presents a unique blend of recreational and residential potential. Located near Bedford, in Shawswick Township (zip code 47421), this land boasts several buildable lots situated at the end of a tranquil, wooded cul-de-sac. Utilities are conveniently located at the roadside, simplifying the construction process. The property features blacktop road access, offering easy accessibility while maintaining a secluded, country feel. An old railroad grade on the north end provides convenient access throughout the acreage. A stone drive and grade further enhance accessibility for vehicles and UTVs. A large opening near the railroad grade is ideal for a hilltop home site, a weekend cabin, or a family camping area. The existing roads and trails throughout the property are well-maintained, perfect for hiking, walking, ATV, or UTV riding. The terrain offers varied topography, yet remains manageable for recreational use. The land features a mix of young and mature hardwood stands, creating excellent wildlife habitat and a sound timber investment. This property is enrolled in the Indiana Classified Forest and Wildlands Program, resulting in significantly reduced property taxes. The 2022 taxes were $76. Parcel numbers are 47-06-13-300-015.000-010 and 47-06-13-300-018.000-010. The legal description is SEC 13 TWP 5 R1W 133.66A C/F 124.87A 12/21/21, SEC 13 TWP 5 R1W NE SW 1A. Asking price is $699,999.

Property profile
Verified
Property type Land
Lot 139 ac (6,054,840 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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