4328 Peggy Hollow Road
Shoals, IN, 47581 $ 49,900
Baths0.0 Monthly Estimate*
$ 307
Studio for $49,900. The lot size is 5.
Tucked away in a quiet part of scenic Martin County, this 5+/- acre tract offers a secluded setting surrounded by expansive natural landscapes. With direct access to thousands of acres of Hoosier National Forest, it provides opportunities for exploration, outdoor recreation, and a convenient base camp for southern Indiana adventures. The property includes approximately 375 feet of county road frontage along gravel-surfaced Peggy Hollow Road, offering reliable access. Electric service runs along the road, with the option of adding a well or cistern for future water service. A natural highlight is the rock-lined wet weather drainage that winds through the land, adding character and supporting diverse habitat. The surrounding hardwood forest attracts abundant wildlife such as white-tailed deer, wild turkey, barred owls, bald eagles, and pileated woodpeckers, creating a setting where nature and wildlife are ever-present. The terrain is primarily wooded, offering shade, cover, and space for camping, hiking, hunting, or a quiet getaway. Its manageable size makes upkeep practical while still providing room to enjoy the outdoors. The location combines remoteness with convenience, just a short drive from French Lick and West Baden, where dining, lodging, entertainment, and services are available. This tract is well-positioned for outdoor enthusiasts. With the Hoosier National Forest nearby, extended hiking, horseback riding, wildlife viewing, and seasonal hunting are all within easy reach. Balancing seclusion, natural features, and accessibility, this Martin County property could serve as a weekend retreat, hunting parcel, or a starting point to enjoy the extensive recreational opportunities across southern Indiana.
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FeaturesGeneralSewer Septic Needed
Possession Closing
Development Status NoStatus
Zoning Ag
View Forest Trees/Woods
Topography Wooded
Township Lost River
Property Subtype Farm
Tax Year 2024
Additional Parcels Description 51-11-34-300-022.000-005
County Martin
New Construction N
Property Type Land
HOA N
Subdivision Name No Subdivision
Other Structures Not Applicable
Status Active
Directions GPS Friendly
High School Shoals Community High School
City Shoals
High School District Shoals Community School Corp
MLS Area 5106 - Martin - Lost River
Lot Size Square Feet 217800
Elementary School Shoals Community Elementary School
Middle/Junior High School Shoals Middle School
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 2
Legal Description Thompson Woods Sub Division Pt Lot 2 2.5 Ac
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ExteriorLot Features Wooded
Lot Size Acres 5
Road Surface Type Asphalt
Road Frontage Type County Road
Number of Lots 2
Horse Amenities None
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* Excluded FeaturesList ByWhitetail PropertiesBroker
Brad.garrison@whitetailproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $307
- Monthly Property Taxes
- $11
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $65,386
Percent of Sale Price 31%
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.
5294599 Elementary School
5294601 Middle School
Shoals Community High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/2/2025 | $49,900 | | Listed Price |