Hidden paradise in Morgan county, featuring 30.11 acres+/-, a small cave, creek and a tall waterfall. This property is a must see for outdoor adventurers, hunters or someone wanting to live in a secluded area. There are roughly 13 acres of pasture/ag land with several building sites available as well as 17+/- acres of wooded ground. Wildlife is abundant on this property as the current owner sees whitetail deer, turkeys, coyotes and bobcats regularly.
•Source:MIBOR as Distributed by MLS Grid #21972686
Redfin Estimate
Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
Market trends in 46166, IN
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-list price
98.7%
+13.9% MoM
Median sale price
$257K
$83K MoM
Avg. days on market
38d
31 days MoM
Recently sold homes
2
3 MoM
Provided by Redfin
Sale history for 0000 N Letterman Rd
Date
Event
Price
MIBOR as Distributed by MLS Grid #21972686
Jul 15, 2024
Sold
$345,000
Jun 24, 2024
Pending
—
May 16, 2024
Price Changed
$399,900
Apr 8, 2024
Listed
$420,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,342 (+90.2%)
$189,900
2024
$1,231 (+3.6%)
$189,900
2023
$1,189 (−42.1%)
$107,800
2022
$2,052 (+774.6%)
$189,900
2021
$235 (−2.2%)
$189,900
2020
$240 (−24.6%)
$19,500
2019
$318 (−2.3%)
$19,300
2018
$326 (−14.2%)
$23,600
2017
$380
$28,000
Tax history for 0000 N Letterman Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,342 (+90.2%)
$189,900
2024
$1,231 (+3.6%)
$189,900
2023
$1,189 (−42.1%)
$107,800
2022
$2,052 (+774.6%)
$189,900
2021
$235 (−2.2%)
$189,900
2020
$240 (−24.6%)
$19,500
2019
$318 (−2.3%)
$19,300
2018
$326 (−14.2%)
$23,600
2017
$380
$28,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
23 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Morgan County
APN
55-07-25-200-002.000-002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
AG
Agriculture District
This district is intended for agricultural uses and to protect and preserve the decreasing supply of farmland by discouraging urban development in primarily agricultural areas. Non-farm residential uses should be limited, when possible, to provide for large areas of contiguous farm land; All subdivisions require subdivision approval unless exempt See Section 5.B.5: Exempt Subdivisions; All new primary structures for commercial, industrial, and institutional uses require Development Plan approval. Only one primary use or primary structure dwelling unit per lot permitted; All development may be subject to Drainage Board approval.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Religious facility
Housing-Single unit
Infrastructure
Office
Agriculture-Cropland
Cemetery
Park & open space
Property details
Exterior
Farm Information
Horse Amenities: None
Property Information
Development Status: NoStatus
Property Type: Land
Other Structures: Not Applicable
Property Sub Type: Farm
Zoning: Agriculture
Land Information
Topography: Hilly,Level,Pasture,Stream,Wooded
Soil Type: Not Applic
Acres: >20 Acres
Land Characteristics: Creek On Property,Mature Trees,Wooded
Lot Information
Facilities On: None
Facilities Near: Electric
Divisible: No
Lot Size Acres: 30.11
Road Surface Type: Tar Chip
Road Frontage Type: County Road, Easement
Lot Features: Rural - Not Subdivision
Present Zoning: Agricultur
Road Access: County Rd
Utilities
Utility Information
Sewer: Septic Needed
Water Information: Well Required
Solid Waste Information: No
Location
School Information
High School District: MSD Martinsville Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: S25 T12 R2W PT NW NE; 23.00 A, S25 T12 R2W PT NW NE; 7.11 A
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 23 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Morgan County
APN: 55-07-25-200-002.000-002
Home facts updated by county records on Jul 8, 2026
Other
Listing Information
Attribution Contact: clint@indyhomepros.com
Around this home
Schools
K - 12
Preschool & daycare
Eminence Elementary School
Public PreK-5 • Assigned • 5.9mi
7/10
Eminence Jr-Senior High School
Public 6-12 • Assigned • 5.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Paragon, IN • 46168
Average low and high temperatures (°F)
34
18
44
27
62
41
69
49
72
54
83
65
87
70
83
64
82
57
69
49
55
40
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
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