101 S Letterman Rd

1,845 Sq. Ft.
$371 / Sq. Ft.
1,845
Sq. Ft.
$371
per Sq. Ft.

Description

Welcome to 101 Letterman Rd., a rare opportunity to own nearly 80 acres spread across three parcels. This property offers an ideal mix of wooded acreage with logging potential, making it perfect for hunting, recreation, or future investment. The home is tucked back off the road, providing plenty of peace and privacy. Inside, you'll find a cozy 2-bedroom layout with the possibility of a 3rd bedroom upstairs (no closet). Whether you're looking for a private retreat, a hunting property, or a place to...Welcome to 101 Letterman Rd., a rare opportunity to own nearly 80 acres spread across three parcels. This property offers an ideal mix of wooded acreage with logging potential, making it perfect for hunting, recreation, or future investment. The home is tucked back off the road, providing plenty of peace and privacy. Inside, you'll find a cozy 2-bedroom layout with the possibility of a 3rd bedroom upstairs (no closet). Whether you're looking for a private retreat, a hunting property, or a place to simply call home, this one checks all the boxes.
  1. Listed by John Jones II • The Modglin Group
    P: (317)-997-0517 jjones776@sbcglobal.net

Property Details for 101 South Letterman Road

Architectural Style
Split Level, Traditional
Subdivision Name
No Subdivision
Township
Ray
LISTING CLOSED: 12/04/2025 12:00 AM

Property Details for 101 South Letterman Road

StatusClosed
MLS #22057566
Days on Market52
Taxes$388 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size77.50 AC / 3,375,900 SF
CountyMorgan County

Location

Listing Courtesy of The Modglin Group

Sold By Ridenour Real Estate Services,

Add your commute

Building Information for 101 South Letterman Road

Stories-Year Built1920Building Size-Lot Size77.50 AC / 3,375,900 SF

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$3,546 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,482

Property Taxes

$65

HOA Dues

$0

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Property Information for 101 South Letterman Road

Summary
Location and General Information
  • City: Paragon
  • County Or Parish: Morgan
  • Directions: GPS Friendly
  • Postal Code: 46166
  • Postal Code Plus4: 9487
  • State Or Province: IN
  • View: Trees/Woods, Rural, Forest
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 550736400015000018
  • Semi Annual Property Tax Amt: 388
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 55-07-36-400-015.000-018
School Information
  • School District: MSD Martinsville Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 576
Property
Lot Information
  • Acreage: >20 Acres
  • Lot Description: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
  • Lot Size Square Feet: 3375900.0
  • Lot Size Acres: 77.5
  • Main Level SqFt: 1054
  • New Construction: False
  • Living SqFt: 527.0
  • Sqft Total: 1581.0
  • Sq Ft Total: 1845.0
  • Year Built Numeric: 1920
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: S36 T12 R2w Pt Se Se 28 A, and S1 T11 R2W PT N NE 36 A, and S36 T12 R2W PT E SE 13.50 A
  • Photos Count: 46
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Cash
Utilities
  • Solid Waste: No
  • Utilities: Electricity Connected, Septic System
  • Water Source: Well, Private
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Storage Shed
  • Foundation Details: Block, Crawl Space, Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Propane, Wood Stove
  • Interior Features: Hi-Speed Internet Availbl, Eat-in Kitchen
  • Levels: One and One Half
  • Room List: Living Room, Family Room, Kitchen, Primary Bedroom, Bedroom 2, Bonus Room
  • Room and Features: Living Room-Main, Family Room-Main, Kitchen-Main, Primary Bedroom-Main, Bedroom 2-Upper, Bonus Room-Upper
  • Main Level Bedrooms: 1
  • Num Bedrooms Upper: 1
  • Num Bedrooms Basement: 0
  • Rooms Basement: 1
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 16x13
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 16x12
  • Room Type: Family Room
Room 3
  • Room Level: Main
  • Room Dimensions: 15x12
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 11x11
  • Room Type: Primary Bedroom
Room 5
  • Room Level: Upper
  • Room Dimensions: 15x12
  • Room Type: Bedroom 2
Room 6
  • Room Level: Upper
  • Room Dimensions: 15x13
  • Room Type: Bonus Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 101 South Letterman Road

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Sold

MIBORMLS #22057566

$685,000—
Oct 31, 2025

Pending

MIBORMLS #22057566

—
Sep 9, 2025

Listed (Active)

MIBORMLS #22057566

$739,900—
DateEvent & SourcePrice
12/04/2025

Sold

MIBORMLS #22057566

$685,000
10/31/2025

Pending

MIBORMLS #22057566

—
09/09/2025

Listed (Active)

MIBORMLS #22057566

$739,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 101 South Letterman Road

Taxable ValueLand$39,700Additions$145,200Total$184,900
Tax Record2025$757 ($63 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,581 SqFtAbove Grade Finished SqFt1,581 SqFtUnfinished Basement SqFt264 SqFtStories2Lot Size1,219,680 SqFtStyleMiscellaneous ResidentialYear Built1920Year Renovated1920CountyMORGANAPN55-07-36-400-015.000-018

Schools near 101 South Letterman Road

This home is within M S D Martinsville Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 6 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Paragon Elementary School
PublicPK to 4

John R. Wooden Middle School
Public6 to 8

Martinsville High School
Public9 to 12

Poston Road Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Modglin Group

Based on information submitted to the MLS GRID as of 12/05/2025 09:26 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.