5088 S Ray Rd, Underwood, IN 47177
5088 S Ray Rd, Underwood, IN 47177
5088 S Ray Rd, Underwood, IN 47177
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$399,999
Est. payment /mo
2 Beds
2 Baths
2,523 SqFt
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Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 2,523 sqft

Price per Sqft $158

MLS Listing ID 202608788

Bedrooms 2

Full Baths 2

Construction Status Resale

Abv Grd Liv Area 1,442

Year Built 1989

Annual Tax Amount $487

Lot Size 23.700 Acres

Acres 23.7

Property Sub-Type Residential

Property Description

If you're looking for privacy, acreage, and endless potential — this is it! Investor special sitting on two parcels totaling 23.7 heavily wooded acres (8.75 acres + 14.95 acres) with scenic views, abundant wildlife, and a pond perfect for fishing right on your own property. This walkout ranch needs TLC but offers incredible opportunity for an investor, hunting retreat, rental property, or private country escape. The home features 2 bedrooms upstairs, 1 bedroom in the finished walkout basement, two wood-burning fireplaces, an attached 2-car garage, and a functional layout with a breakfast bar, bay window dining area, and generous living spaces. Relax on the porch surrounded by mature shade trees and peaceful nature views. Rare chance to own this much land, privacy, and potential all in one property!

Location

State IN

County Clark

Direction Get on I-264 W Continue on I-264 W. Take I-65 N to IN-160 E in Henryville. Take exit 19 from I-65 N Take US-31 N and County Line Rd W to S Ray Rd in Finley Township 5088 S Ray Rd Underwood, IN 47177

Rooms

Basement Finished, Walk- Out Access

Interior

Interior Features Breakfast Bar, Bookcases, Ceiling Fan(s), Entrance Foyer, Kitchen Island, Main Level Primary, Utility Room, Natural Woodwork

Heating Other

Cooling Heat Pump

Fireplaces Number 2

Fireplaces Type Wood Burning

Fireplace Yes

Window Features Screens

Laundry Main Level, Laundry Room

Exterior

Exterior Feature Covered Patio, Deck, Enclosed Porch

Parking Features Attached, Garage, Garage Faces Side

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Connected,Public

Porch Deck, Enclosed, Patio, Porch, Screened

Building

Sewer Septic Tank

Water Connected, Public

New Construction No

Construction Status Resale

Others

Tax ID 721014200024001001

Security Features Security System,Motion Detectors

Acceptable Financing Cash, Conventional, Other, VA Loan

Listing Terms Cash, Conventional, Other, VA Loan


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Listed by 85W Real Estate

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Chantel Treadway

Chantel Treadway

+1(502) 552-2846

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