56-acres Gilmore Ridge Road

Sold 2/13/18
Sold 2/13/18
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Sold
Last Sold Price
$280,000
2,439,360 Lot Size56 Acres

56-acres Gilmore Ridge Rd, Nashville, IN 47448

LandProperty Type
56 acresLot Size

Description

Wow.... 56 acres on Lake Monroe! With approximately 1,500 feet of lake frontage and access to thousands more, this property is bordered by state ground and has road frontage on Gilmore Ridge Road and Gilmore Ridge Lane. Several building sites and with elevation and clearing, one would have a great view of the lake. Electric is available at the road, water would be a well or cistern, there is phone and internet service but no knowledge if internet service is high speed. What a great recreational property...Wow.... 56 acres on Lake Monroe! With approximately 1,500 feet of lake frontage and access to thousands more, this property is bordered by state ground and has road frontage on Gilmore Ridge Road and Gilmore Ridge Lane. Several building sites and with elevation and clearing, one would have a great view of the lake. Electric is available at the road, water would be a well or cistern, there is phone and internet service but no knowledge if internet service is high speed. What a great recreational property if one decided they just wanted a cabin or place to hunt. You can walk down to the lake, pull in a kayak, go for a swim, fish all day, hunt all you wanted. There is a boat ramp fairly close to the property at Crooked Creek, no docks available. Located on the Brown County / Monroe County line the location is perfect for a quick trip to Bloomington or Nashville. Adjoining 4.25 acres with a 3 bedroom, 2 bath, 2,445 sqft home is available for purchase with this property. It would make a great full time residence or vacation retreat. It is possible to add/build two homes on this 56 acres as it's made up of two parcels. Taxes are low due to it being in the Classified Forest program. This much acreage on Lake Monroe with lake frontage at this price is extremely rare to come on the market and hard to find. Do not miss this opportunity!
  • Listed by: Aaron Steele • FC Tucker/Bloomington REALTORS
Listing closed: 02/13/2018 12:00 AM • Source: Indiana Regional MLS, MLS#: 201752047
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Recent comparable sales

Median sold price

$239,900

Avg days on market

75

Sale-to-list ratio

87.3%

Nashville, IN

9 comparable properties found

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Property Information for 56-acres Gilmore Ridge Road

Property Details

  • Taxes: $20 / year
  • MLS Type: Lots & Lands / Agricultural Land
  • County: Brown County
  • Waterfront: Yes

Building Information

  • Lot Size: 56.00 AC

Summary

Location and General Information
  • Area: Monroe County
  • City: Nashville
  • Zip Code: 47448
  • State: IN
  • Township: Salt Creek
  • Road Access: County
  • Fips Code: 18105
  • Directions To Property: 46, TC Steele Road, travel 1.9 miles to Gilmore Ridge and hang right, continue on 1.3 miles, stay right. Acreage will be at the split of Gilmore Ridge Lane and Gilmore Ridge Road with frontage on both roads
  • Channel/Canal Frontage: 0.0
  • Lake Type: Access to Ski Lake
  • Location: Rural, Lake
  • Road Frontage: County
  • Water Frontage: 1500.0
Taxes and HOA
  • Parcel Description: Heavily Wooded, Irregular, Lake, Waterfront, Rolling, Undeveloped, Adj to State/Natl Forest, 15+
  • Annual Taxes: $20
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2016-17
  • Parcel Number Id: 53-07-27-100-005.000-014
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: Unionville
  • Middle School: Tri-North
  • High School: Bloomington North

Property

Lot Information
  • Class: LOTS AND LAND
  • Property Subtype: Agricultural Land
  • Approx Lot Size Acres: 56.0
  • Lot Dimensions: Irregular
  • Approx Lot Size Sqft: 2439360.0
  • Number of Timber Acres: 56.0
Property and Assessments
  • Can Property Be Divided?: No
  • Curb: No
  • Documents Available: None
  • Easements: No
  • Planned Unit Development: No
  • Platted Development: No
  • Structure/Building Improvements: No
  • Type Use: Residential, Camp/RV with Land, Recreational
Utilities
  • Electricity Type: Available
  • Fuel Type: None
  • Sewer Type: None
  • Water Utility: Unknown
  • Water Type: Lake
  • Water Name: Lake Monroe

Interior and Exterior Features

Exterior Features
  • Platted: Yes
  • Rail Siding: No
  • Road Surface: Gravel

Rental

Rental Information
  • Leased Acres: No

Property History for 56-acres Gilmore Ridge Road

DateEvent & SourcePriceAppreciation
Feb 13, 2018

Sold

Indiana Regional MLS #201752047

$280,000—
Dec 23, 2017

Pending

Indiana Regional MLS #201752047

—
Nov 17, 2017

Listed (Active)

Indiana Regional MLS #201752047

$299,000—
DateEvent & SourcePrice
02/13/2018

Sold

Indiana Regional MLS #201752047

$280,000
12/23/2017

Pending

Indiana Regional MLS #201752047

—
11/17/2017

Listed (Active)

Indiana Regional MLS #201752047

$299,000

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

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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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of FC Tucker/Bloomington REALTORS

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.