5139 Peggy Hollow Road Shoals, IN $ 44,900
5139 Peggy Hollow Road
$ 44,900
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5139 Peggy Hollow Road

Shoals, IN, 47581
$ 44,900
Baths0.0

Monthly Estimate*

$ 280

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Studio

Lots and Land for sale in Shoals, IN

for $44,900. The lot size is 4.92.

PRICE REDUCED! Situated in southern Martin Countys Lost River Township, this 4.92 acre tract offers a compact recreational opportunity surrounded by the scenic terrain characteristic of this part of southern Indiana. The area is known for its blend of private holdings and vast stretches of Hoosier National Forest, providing landowners with nearby access to thousands of acres of public ground for hunting, hiking, and outdoor recreation. The property features approximately 425 feet of frontage along Peggy Hollow Road, a lightly traveled gravel county road. An established entrance with a stone base and culvert is already in place, though it is somewhat overgrown. The drive leads up to a flat bench in the topography that overlooks a stand of mature hardwood forest stretching northward. This area could serve as a natural site for a small camp or cabin. Utilities are conveniently available nearby. Daviess-Martin REMC provides electric service in the area, while Dubois Water Utilities serves rural water customers. An older camper remains at the original camp site, offering a starting point for someone looking to create a simple hunting camp or weekend retreat. Surrounded by mature timber and gently rolling hills, the property offers privacy and a wooded setting suitable for recreation or relaxation. Directly across Peggy Hollow Road lies an access trail into the Hoosier National Forest, providing immediate entry to thousands of acres of public land. The topography of this tract and the surrounding landscape includes a mix of benches, ridges, and hollows typical of southern Indianas hill country. Several game trails have been observed, with deer sign suggesting travel routes between the property and adjacent forested tracts. These features naturally lend themselves to hunting setups or wildlife observation. Although this property offers the feel of a remote getaway, it remains within a comfortable distance of nearby towns and amenities. The property is approximately 8 miles from Shoals, 11 miles from French Lick, 16 miles from Loogootee, 23 miles from Jasper, and 32 miles from Bedford. These communities provide convenient options for supplies, dining, and lodging during extended visits. Combining road frontage, available utilities, and direct proximity to Hoosier National Forest, this 4.92 acre property represents a practical option for those seeking a manageable tract with strong recreational appeal in the heart of southern Indianas outdoor landscape.

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Lots and Land Pending

Price

$ 44,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 480

Style

Agricultural Land

Lot Size

4.92

Town/City

Shoals

County/Region

Martin

MLS | Web ID

202534019

Features
General
Road Frontage County
Status Pending Pending
Subdivision Other
Township Lost River
Class LOTS AND LAND
Present Use Agriculture Residential 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 Lot 23 (4.92 Ac) Thompson Woods Subdivision
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202534019
Agent First Name Zach
Agent Last Name Holt
DOM 86
Tax Year 2025
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Exterior
Road Surface Gravel
Road Access County
Lot Size Area 214315
Lot Dimensions irregular
Land Features Other Buildings
Waterfront Y/N No
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Interior
Fuel Type None
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* Excluded Features
List By
Zach Holt

Listing Agent

Whitetail Properties Real Estate

Broker

zach.holt@whitetailproperties.com

Email

Affordability Calculator

$320
Per Month
88%
12%
0%
Monthly Principal & Interest
$280
Monthly Property Taxes
$40
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.
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Nearby
1237336 Elementary School
1236737 Middle School
Shoals High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2025$44,900 -21.91% Price Down
9/10/2025$57,500 -4.01% Price Down
8/25/2025$59,900 Listed Price

Map


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5139 Peggy Hollow Road, Shoals, IN, 47581 is a Lots and Land for sale at $44,900 with a lot size of 4.92. 5139 Peggy Hollow Road is a studio with 0.0 baths. The property's zip code is 47581 which is in Shoals, IN