Sold
Last Sold Price
4,153,228 Lot Size95.34 Acres
431 N Letterman Rd, Paragon, IN 46166
LandProperty Type
95.34 acresLot Size

Description

95.345 acres of untouched beauty in Morgan County. With a serene private lake, abundant wildlife, and total privacy, this property offers the kind of peace most people only experience on vacation.95.345 acres of untouched beauty in Morgan County. With a serene private lake, abundant wildlife, and total privacy, this property offers the kind of peace most people only experience on vacation.
  • Listed by: Non-BLC Member 317.833.7889 noreply@mibor.com • MIBOR REALTOR® Association
Listing closed: 05/04/2026 12:00 AM • Source: MIBORMLS, MLS#: 22099617

Location

Listing Courtesy of MIBOR REALTOR® Association

Sold By Indiana Gold Group

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Property Information for 431 North Letterman Road

Property Details
  • Taxes: $880 semi-annually
  • MLS Type: Land / Residential Lots
  • Subdivision Name: No Subdivision
  • Township: Ray
  • Zoning: Agricultural
Building Information
  • Lot Size: 95.34 AC
Summary
Location and General Information
  • City: Paragon
  • County Or Parish: Morgan
  • Directions: GPS Friendly
  • Postal Code: 46166
  • Road Access: Frontage Road
  • Road Frontage Type: County Road
  • State Or Province: IN
  • Topography: Hilly,Wooded
Taxes and HOA Information
  • Parcel Number: 550736200003000018
  • Semi Annual Property Tax Amt: 880
  • Tax Year: 2025
  • Additional Parcels Description: S36 T12 R2w Nw Se 3 A
  • TaxLot: 1
  • Tax Block: 36
School Information
  • Elementary School: Paragon Elementary School
  • High School: Martinsville High School
  • Middle Or Junior School: John R. Wooden Middle School
  • School District: MSD Martinsville Schools
Property
Lot Information
  • Acreage: >20 Acres
  • Land Characteristics: Lake Front,Mature Trees,Water View,Wooded
  • Lot Size Acres: 95.345
  • New Construction: False
  • Other Structures: Tenant House
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Surveyed
  • Divisible: Yes
  • DPRYN: No
  • Legal Subdivision: S36 T12 R2w E Ne 69.85 A Cf 83.55 A
  • Photos Count: 3
  • Present Zoning: Agricultur
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Gravel
  • Type: Not Applic
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Utilities
  • Facilities Near: Water & Sewer
  • Facilities On: Electric,Gas,Sewer,Water
  • Sewer: Septic Tank
  • Solid Waste: No
  • Water: Municipal Water on Site
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 431 North Letterman Road

DateEvent & SourcePriceAppreciation
May 4, 2026

Sold

MIBORMLS #22099617

$953,450
Mar 15, 2026

Listed (Active)

MIBORMLS #22099617

$953,450
DateEvent & SourcePrice
05/04/2026

Sold

MIBORMLS #22099617

$953,450
03/15/2026

Listed (Active)

MIBORMLS #22099617

$953,450

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

Public Records for 431 North Letterman Road

Taxable ValueLand$52,000Additions$136,100Total$188,100
Tax Record2025$1,762 ($147 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,440 SqFtAbove Grade Finished SqFt1,440 SqFtStories1Lot Size3,639,438 SqFtStyleMiscellaneous ResidentialYear Built1976Year Renovated1976CountyMORGANAPN55-07-36-200-003.000-018

Schools near 431 North 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 431 North Letterman Road, Paragon, IN 46166
$953,450
4,153,228
4
2
2,973
84,506
1
1,232
435,600
3
2
1,569
1,090,089
2
1
720
130,680
2
1.5
1,503
435,600

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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 MIBOR REALTOR® Association

Based on information submitted to the MLS GRID as of 05/04/2026 12:12 PM. 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.