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Lot/land
  • $928,000

    3250 S Wathen Road, Pekin, IN 47165

    --beds
    --baths
    65Acres
    Unimproved Land
    Built in ----
    65 Acres Lot
    $339,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large number of trees
    Pleased to present this exclusive opportunity to acquire 65 acres between Pekin, Salem and Scottsburg!!!This property has already been surved and subdivided with a recorded plat in Washington County. 22 remaining lots are being offered at a package price of $14,277 per acre. With a large number of trees around the 2 acre lake and on an 8 acre site w/over 1000 ft of road frontage. According to county zoning the 8 acres could be subdivided to increase the number of lots to be sold. 9 of the remaining Forest Grove lots are on the lake. Only 1 lake lot and 2 other were ever sold. Now the owner wants to sell all of the remaining 22 lots. The subdivision was engineered and created close to 20 yrs ago. The road survace was gravel, electric service poles have been placed onsite and a 4" water line all the way back to the cul-de-sac was installed.
    177 days
    |
    97
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: November 17, 2025 at 09:39am

    Listed by:

    David Church,

    Jack Bridgewater Real Estate,

    Marsha Berna-Lord,

    Jack Bridgewater Real Estate

    Source: SIRA,MLS#: 2025011835MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Park/Greenbelt, Lake, Panoramic, Scenic
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake, Lake Front
      • Frontage type: Lakefront
      Lot
      • Size: 65 Acres
      • Dimensions: 65 acres
      • Features: Lake Front, Split Possible, Additional Land Available, Cul-De-Sac, Secluded
      Details
      • Additional parcels included: ask listing agent
      • Parcel number: 881504000005014015
      • Zoning: Residential
      • Zoning description: Residential

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Not Connected, Public
      • Utilities for property: Water Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Pekin

      Financial & listing details

      • Tax assessed value: $118,200
      • Annual tax amount: $3,620
      • Date on market: 10/14/2025
      • Cumulative days on market: 177 days
      • Listing terms: Cash,Conventional,Contract
      • Road surface type: Paved, Gravel

        Estimated market value

        $339,600

        $272,000 - $414,000

        $1,424/mo

        Price history

        Price history
        DateEventPrice
        10/14/2025Listed for sale$928,000
        Source: SIRA #2025011835 Report a problem
        6/12/2025Listing removed$928,000
        Source: SIRA #2024011352 Report a problem
        10/7/2024Listed for sale$928,000
        Source: SIRA #2024011352 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$468 +36.1%$118,200 +10.4%
        2023$343 +90.1%$107,100 +16.8%
        2022$181 +27.9%$91,700 +13.9%
        2021$141 +30.7%$80,500 +7%
        2020$108 -48.4%$75,200 +8.5%
        2019$210 +36.1%$69,300 +4.4%
        2018$154 +68.7%$66,400 -8%
        2017$91 -67.1%$72,200 +8.1%
        2016$278 +337%$66,800 +6.7%
        2014$64 +99.1%$62,600 +12.6%
        2013$32 +153.5%$55,600 +6.3%
        2012$13 -89.2%$52,300 -32.6%
        2011$117 -10.3%$77,600
        2010$130 -20.6%$77,600 -7.3%
        2009$164 -88.8%$83,700 +3.7%
        2007$1,469 +11.8%$80,700 +0.7%
        2006$1,315 $80,100

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47165

        Getting around

        0 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 47165

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