(Tract 5) Located just minutes from French Lick, this timber property is a classic example of a southern Indiana hardwood ridgetop with beautiful country views and several recreational opportunities. As you enter the property off the paved road, you will notice a short gravel driveway that leads out to a large cleared area that would make a great cabin site on a high ridgetop with several breathtaking views. The property consists of mixed-age timber with several deer trails and buck sign scattered across the ridge. A timber harvest is currently wrapping up, and marked trees are not included in the sale. This recent timber harvest will provide instant security and bedding cover for wildlife and will be followed by a flush of new growth in the spring, providing high-quality browse for deer, turkeys and other animals. There are great opportunities for hiking, ATV riding, or just exploring the property with family and friends in your own peaceful retreat. This tract is also located approximately 20 minutes from Patoka Lake, which offers many recreational activities such as boating, fishing, camping and even hunting in the Hoosier National Forest.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$566
Per Month
Principal & Interest
$499
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$366
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Northwood Elementary School
965 Grizzly Cub Dr
Distance between this listing and this school0.37 miles
Public District Grades KG-4
6
/10
Webb Elementary School
1400 Webb Ct
Distance between this listing and this school1.14 miles
Public District Grades KG-4
6
/10
Needham Elementary School
1399 Upper Shelbyville Rd
Distance between this listing and this school1.14 miles
Public District Grades KG-4
Nearby Schools
6
/10
Franklin Community Middle School
625 Grizzly Cub Dr
Distance between this listing and this school0.37 miles
Public District Grades 7-8
7
/10
Clark Pleasant Middle School
1354 E Worthsville Rd
Distance between this listing and this school4.89 miles
Public District Grades 6-8
6
/10
Indian Creek Middle School
801 W Indian Creek Dr
Distance between this listing and this school7.88 miles
Public District Grades 6-8
Nearby Schools
6
/10
Franklin Community High School
2600 Cumberland Dr
Distance between this listing and this school2.37 miles
Public District Grades 9-12
5
/10
Whiteland Community High School
300 E Main St
Distance between this listing and this school4.65 miles
Public District Grades 9-12
6
/10
Indian Creek Sr High School
803 W Indian Creek Dr
Distance between this listing and this school7.83 miles
The neighbors living near this home have an average income of $56,618. The most common annual income of people living in Franklin, IN is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5 Co Rd Unit 37S
What is the listing price of this property?
The listing price of 5 Co Rd Unit 37S property is $99,900.
What type of property is this?
The property 5 Co Rd Unit 37S is land located in French Lick, Indiana, 47432.
Is this property for sale now?
Active Listing: 5 Co Rd Unit 37S is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5 Co Rd Unit 37S in French Lick, IN and zip code 47432. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $99,900.
Franklin, IN housing market in October 2024 saw over 5 listings sold above listed price, more than 10 sold at listed price and over 16 sold below. The inventory of homes for sale in Franklin, IN between September 2024 and October 2024 decreased by 7%. The median list price of listings available in October 2024 was $274,950, while the average time on the real estate market was 37 days.
From Rocket Homes Real Estate and based on county public records data.