Land for Sale - Highway 421, Lt#WP001, Osgood, IN 47037 - 43.32 acres

Osgood Lake, Rare Lakefront Buildable Land In Ripley County Indiana

Highway 421, Lt#WP001, Osgood, IN | Lat/Lng:  39.1059, -85.2855

$675,000
43.32 ac.
08/01/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

This 43 acre private lake property in Ripley County, Indiana, combines waterfront recreation, wooded privacy, and build-ready infrastructure in a secluded setting more than 1,000 feet off State Hwy 421 near Osgood and Versailles. Featuring an approximately 8-acre private lake, mature hardwoods, electric, water, and an approved 2026 perc test, the property is well-suited for a lakefront residence, vacation cabin, rental cabins, hunting property, or recreational retreat. Professionally stocked with largemouth bass through Jones Fish Hatchery, the established 8-acre lake offers quality fishing along with opportunities for kayaking, canoeing, bird watching, and enjoying the waterfront. Three docks provide convenient lake access, with new deck boards installed on two of the primary docks in 2026. The lake also features a professionally engineered concrete spillway that replaced the original galvanized pipe. Representing an investment of more than $25,000, the upgraded spillway provides dependable long-term water management. The balance of the property consists of mature hardwood timber with an established trail system providing access for hiking, ATV or UTV riding, hunting, fishing, and property maintenance. The combination of wooded habitat, private lake frontage, and surrounding agricultural ground supports healthy populations of whitetail deer, wild turkey, waterfowl, and other native wildlife. With electric and water service already in place and a completed perc test, much of the groundwork has been laid for future improvements, subject to local regulations and approvals. Whether building a full-time waterfront home, creating a family getaway, establishing RV camping, or developing rental cabins, the existing infrastructure offers flexibility for a variety of future uses. The property is enrolled in Indiana's Classified Forest and Wildlands Program, providing reduced property taxes while promoting responsible forest management and wildlife habitat. Combining a private stocked lake, established infrastructure, mature timber, and a secluded location, this Southeast Indiana property offers a unique opportunity for fishing, hunting, recreation, and waterfront living.

Details

CountyRipley
Zipcode47037
Property Type OneRecreational Property
Property Type TwoResidential Property
Property Type ThreeTimberland
BrokerageWhitetail Properties Real Estate
Brokerage Linkwww.whitetailproperties.com/agents/brad-garrison
Apn691027400007000006
Land Listing Agent Photo
Brad Garrison
Whitetail Properties Real Estate
(317) 701-8655
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