A hard to find 40 + acre property located in Putnam County Indiana, perfect for a home and recreation. The tract consists of 41.26 acres acres of woods plus a .49 acre parcel off of county road 625 west for easy access. The property does have direct access off of US 40 as well. There is marketable timber on this property with the biggest & best timber are the oaks found in the ravines and upland flats in the north and western part of the property. There is White oak, tulip popular, red oak, black oak, hickory, white ash, soft maple, aspen, elm, sugar maple, American beech and sassafras. The trees have included veneer quality. The seller has utilized a forester, and had an evaluation and a select harvest schedule every 7-10 years. Last harvest was in 2017, evaluation & harvest on this property will be due soon. There are multiple building sites available. The property is covered up in deer and turkey sign and has the markings of big bucks bedding down deep within the property. It is difficult to find properties with this much woods & recreation yet close being 15 minutes from Greencastle, IN 45 minutes from west side of Indianapolis. This one is sure to move fast!
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Cornerstone
Office Email: chrisharcourt23@gmail.com
Listing Agent: Chris Harcourt
Lot Features
Lot Information:
Lot Size: 41.26 Acres
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $368,275
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21985356
Listing Office:
Office Name: RE/MAX Cornerstone
Office Email: chrisharcourt23@gmail.com
Listing Agent: Chris Harcourt
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 9:16:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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.
$1,906
Per Month
Principal & Interest
$1,839
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
$1,171
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
8
/10
Van Buren Elementary School
2075 E County Road 1200 N
Distance between this listing and this school4.61 miles
Public District Grades KG-5
7
/10
East Side Elementary School
936 E National Ave
Distance between this listing and this school7.32 miles
Public District Grades PK-5
8
/10
Jackson Township Elementary School
1860 E County Road 600 N
Distance between this listing and this school7.47 miles
Public District Grades KG-5
Nearby Schools
6
/10
South Putnam Middle School
1780 E US Highway 40
Distance between this listing and this school9.02 miles
Public District Grades 6-8
5
/10
Greencastle Middle School
400 Percy L Julian Dr
Distance between this listing and this school9.47 miles
Public District Grades 6-8
5
/10
North Clay Middle School
3450 W State Road 340
Distance between this listing and this school10.40 miles
Public District Grades 6-8
Nearby Schools
8
/10
South Putnam High School
1780 E US Highway 40
Distance between this listing and this school9.02 miles
Public District Grades 9-12
5
/10
Greencastle Senior High School
910 E Washington St
Distance between this listing and this school9.56 miles
Public District Grades 9-12
4
/10
Northview High School
3150 W State Road 340
Distance between this listing and this school10.21 miles
The neighbors living near this home have an average income of $61,176. Residents of Putnam County, IN typically earn between $35k-100k each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7357 W County Road 725 S
What is the listing price of this property?
The listing price of 7357 W County Road 725 S property is $368,275.
What type of property is this?
The property 7357 W County Road 725 S is land located in Reelsville, Indiana, 46171.
Is this property for sale now?
Active Listing: 7357 W County Road 725 S is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 7357 W County Road 725 S is 41.26 acres.
Interested in 7357 W County Road 725 S? Let's connect.
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 7357 W County Road 725 S in Reelsville, IN and zip code 46171. This home sits on a 41.26 acre lot. It has been listed on Rocket Homes since June 15, 2024 and is currently priced at $368,275.
In October 2024 more than 9 listings in Putnam County, IN were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 24 were sold below. The number of listings in Putnam County, IN decreased by 4.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 29 days, the median list price was $257,950.
From Rocket Homes Real Estate and based on county public records data.