140+/- Ac off Eastlake Drive
Bedford, IN, 47421 $ 750,000
Baths0.0 Monthly Estimate*
$ 4,736
Studio for $750,000. The lot size is 140.
Located on the eastern edge of Bedford, Indiana, this exceptional 140 acre property offers a rare opportunity to own a buildable acreage tract with convenient access, outstanding recreational opportunities, timber investment potential, and future development possibilities. With frontage along both US Highway 50 and the dead-end cul-de-sac of Eastlake Drive, the property provides the perfect balance of rural privacy while remaining just minutes from shopping, dining, schools, and everyday conveniences. A cleared building site has already been established outside of the property's Classified Forest enrollment, creating an ideal location for your future home while allowing the remaining acreage to continue benefiting from the tax advantages of the Classified Forest Program. Utilities are available nearby along Eastlake Drive, making future construction even more convenient. Build your dream home surrounded by mature hardwoods, scenic rock-bottom creeks, and abundant wildlife. The property features a quality stand of mature oak and poplar timber, offering long-term investment value while providing exceptional habitat for deer, turkey, and other wildlife. The diverse terrain includes hardwood ridges, dense bedding cover, natural travel corridors, and an established trail system ideal for ATVs, UTVs, horseback riding, hiking, and hunting. Historic railroad beds crossing the northern portion of the property provide additional access and excellent trails throughout the woods. Near the center of the property lies the historic Blue Hole Quarry. Naturally reclaimed over time, it blends seamlessly into the surrounding mature forest while adding unique history and character to the landscape. The southern portion of the property includes approximately 130 feet of frontage along US Highway 50 and approximately 2 acres of commercially zoned ground, providing flexibility for future development or investment. An existing illuminated advertising billboard may offer future income potential for the next owner (subject to INDOT permitting requirements). Whether you're looking to build your forever home, establish a private hunting retreat, invest in quality timberland, or own a recreational property with commercial upside, this diverse tract offers a combination of features rarely found in one property.
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FeaturesGeneralRoad Frontage City
Status Active Active
Subdivision None
Township Shawswick
Class LOTS AND LAND
Present Use Agriculture Recreational
Type Agricultural Land
REO No
Status Detail 0
Area Lawrence County
High School Bedford-North Lawrence
City Bedford
School District North Lawrence Community Schools
Elementary School Lincoln
Middle School Bedford
Legal Description SEC 13 TWP 5 R1W 133.66A C/F 124.87A 12/21/21
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202628517
Agent First Name Zach
Agent Last Name Holt
DOM 0
Tax Year 2025
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ExteriorRoad Surface Asphalt
Road Access City
Lot Size Area 6098400
Lot Dimensions Irregular
Water Features None
Waterfront Y/N No
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* Excluded FeaturesList ByWhitetail Properties Real EstateBroker
zach.holt@whitetailproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,736
- Monthly Property Taxes
- $8
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 Bedford, IN
Average List Price $205,313
Percent of Sale Price 73%
About Bedford, IN 13,724 Population
-2% Since 2002
$ 38,167 Median Income
41.36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
1236607 Elementary School
1236608 Middle School
Bedford-North Lawrence High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/16/2026 | $750,000 | | Listed Price |