4328 Peggy Hollow Road
Shoals, IN, 47581 $ 49,900
Baths0.0 Monthly Estimate*
$ 311
Studio for $49,900. The lot size is 5.
Tucked away in a quiet part of scenic Martin County, this 5± acre property offers a secluded setting surrounded by expansive natural landscapes. With direct access to thousands of acres of Hoosier National Forest nearby, it provides opportunities for exploration, outdoor recreation, and serves as a convenient base camp for enjoying southern Indianaâs outdoors. The property includes approximately 375 feet of county road frontage along gravel-surfaced Peggy Hollow Road, offering reliable access and a private feel. Utilities are conveniently available nearby. Daviess-Martin REMC provides electric service in the area, while Dubois Water Utilities serves rural water customers. This setup allows for potential future utility connections if a dwelling or cabin were to be developed. A rock-lined wet weather drainage winds through the property, adding natural character and supporting the diverse habitat found here. The surrounding hardwood forest offers a mix of cover and open understory, attracting a range of native wildlife including white-tailed deer, wild turkey, barred owls, bald eagles, and pileated woodpeckers. The combination of wooded terrain and natural features makes it a place where the sights and sounds of nature are part of everyday use. The topography consists mainly of rolling wooded ground suitable for a variety of recreational purposes. Whether used for camping, hiking, hunting, or simply as a quiet weekend getaway, the propertyâs size and location make it manageable and versatile. Despite its sense of remoteness, it remains easily accessible and only a short drive from the historic towns of French Lick and West Baden. These nearby communities offer dining, lodging, and entertainment options, ensuring convenience without sacrificing privacy. This tract is well-situated for those seeking a recreational base across southern Indiana. Its proximity to the Hoosier National Forest opens the door to miles of hiking trails, horseback riding, wildlife viewing, and seasonal hunting opportunities. With manageable acreage, nearby utilities, and access to vast public lands, this Martin County property combines seclusion, practicality, and outdoor appealâan inviting setting for anyone looking to enjoy Indianaâs natural beauty.
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FeaturesGeneralRoad Frontage County
Status Active Active
Subdivision None
Township Lost River
Class LOTS AND LAND
Present Use Agriculture Other Camp/RV with Land Recreational
Type Agricultural Land
REO No
Status Detail 0
Area Martin County
High School Shoals
City Shoals
School District Shoals Community School Corp.
Elementary School Shoals Community
Middle School Shoals Community
Legal Description Thompson Woods Sub Division Pt Lot 2 2.5 Ac Thompson Woods Subdivision Pt Lot 2 34 2 3 2.5 Ac
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202540157
Agent First Name Zach
Agent Last Name Holt
DOM 68
Tax Year 2025
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ExteriorRoad Surface Gravel
Road Access County
Lot Size Area 217800
Lot Dimensions irregular
Waterfront Y/N No
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* Excluded FeaturesList ByWhitetail Properties Real EstateBroker
zach.holt@whitetailproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $311
- Monthly Property Taxes
- $23
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Shoals, IN
Average List Price $250,373
Percent of Sale Price 402%
About Shoals, IN 487 Population
-39% Since 2002
$ 36,471 Median Income
45.85 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
1237336 Elementary School
1236737 Middle School
Shoals High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/3/2025 | $49,900 | | Listed Price |