Land for Sale - Along Eastlake Drive, Lot#WP001, Bedford, IN 47421 - 140.0 acres

Bedford 140± Acre Buildable Land

Along Eastlake Drive, Lot#WP001, Bedford, IN | Lat/Lng:  38.8676, -86.4653

$750,000
140 ac.
07/16/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

Located on the eastern edge of Bedford, Indiana, this exceptional 140 +/- acre property offers a rare opportunity to own a buildable acreage tract with convenient access, recreational appeal, and investment potential. With frontage along both US Highway 50 and the dead-end cul-de-sac of Eastlake Drive, the property combines rural privacy with hunting potential and buildability while being close to everyday conveniences. A cleared building site has already been established outside of the property's Classified Forest enrollment, providing an excellent location for constructing your future home while still enjoying the tax benefits offered by the remaining acreage enrolled in the Classified Forest Program. With utilities located at Eastlake Drive, they're not far from the potential building sites. The combination of a private homesite, extensive wooded acreage, and rock-bottom creeks creates an ideal setting for those looking to build while enjoying outdoor recreation right outside their back door. The timber throughout much of the acreage consists of a variety of oak and poplar, creating an outstanding investment for future financial yields while being a great host for wildlife habitat. The landscape is well-suited to hunting, hiking, nature observation, and trail riding throughout the property's established trail system. The trails on the property map are just the beginning of it! Historic railroad beds cross the northern portion of the property, providing even better access through the woods and making excellent trails for navigating the land. The southern portion of the property includes approximately 130 feet of frontage along US Highway 50 and approximately +/-2 acres zoned commercial, offering income and development potential and diversity. An existing illuminated advertising billboard is located on this section and may provide future income potential for the next owner (INDOT permit required). At the center of the property lies the historic Blue Hole Quarry, which has naturally reclaimed over time and now blends into the surrounding mature forest, adding character and unique history to the landscape. The land is very diverse, with a mature overstory in sections that flows into dense understory cover, offering outstanding habitat that keeps wildlife close to your stands! Whether you're looking to build your dream home on acreage, establish a private recreational retreat, invest in timberland, or enjoy hunting, this property offers a combination of features rarely found in one tract. The listing brokerage discloses that the seller is a licensed real estate agent. The seller, however, is not the listing agent or brokerage. Showings are available by appointment for pre-qualified buyers.

Details

CountyLawrence
Zipcode47421
Property Type OneRecreational Property
Property Type TwoResidential Property
Property Type ThreeTimberland
BrokerageWhitetail Properties Real Estate
Brokerage Linkwww.whitetailproperties.com/agents/zach-holt
Apn470613900015500010
Land Listing Agent Photo
Zach Holt
Whitetail Properties Real Estate
(812) 887-2954
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