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Sold
  • $953,450

    431 N Letterman Rd, Paragon, IN 46166

    --beds
    --baths
    95.35Acres
    Unimproved Land, Residential Lots
    Built in ----
    95.35 Acres Lot
    $553,000 Zestimate®
    $--/sqft
    $1,519 Estimated rent

    Home value

    $553,000

    $431,000 - $686,000

    $1,519/mo

    Zestimate® history
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    What's special

    95.345 acres of untouched beauty in Morgan County. With a serene private lake, abundant wildlife, and total privacy, this property offers the kind of peace most people only experience on vacation.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Non-BLC Member 317-956-1912,

    MIBOR REALTOR® Association

    Bought with:

    Elexis Smith

    Indiana Gold Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22099617MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 95.34 Acres
    • Features: Lake Front, Mature Trees, Water View, Wooded
    • Topography: Hilly,Wooded
    Details
    • Additional structures: Tenant House
    • Additional parcels included: S36 T12 R2w Nw Se 3 A
    • Parcel number: 550736200003000018
    • Zoning: Agricultural
    • Zoning description: Agricultur
    • Special conditions: None,As Is
    • Horse amenities: None

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Municipal Water on Site

    Community & neighborhood

    Location
    • Region: Paragon
    • Subdivision: No Subdivision

    Other

    Other facts
    • Road surface type: Gravel

    Price history

    DateEventPrice
    5/4/2026Sold$953,450
    Source: MIBOR as distributed by MLS GRID #22099617 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,483 +25.4%$179,900 +16%
    2023$1,183 +24.9%$155,100 +11.7%
    2022$947 +10.6%$138,800 +19%
    2021$856 -9.8%$116,600 +6.4%
    2020$949 +7.8%$109,600 -2.3%
    2019$880 +10.4%$112,200 +4.6%
    2018$797 -5.6%$107,300 +9.8%
    2017$844 +25.8%$97,700 -2.1%
    2016$671 -9.3%$99,800 -9.9%
    2014$740 +9.2%$110,800 +2.9%
    2013$678 +6.4%$107,700 +2.8%
    2012$637 +3.7%$104,800 +8%
    2011$614 -4.6%$97,000 +0.4%
    2010$644 -8.6%$96,600 -12.3%
    2009$704 -27.8%$110,200 +5.5%
    2006$975 $104,500 -1.7%
    2005-- $106,300

    Find assessor info on the county website

    Neighborhood: 46166

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Paragon Elementary School
    • Middle: John R. Wooden Middle School
    • High: Martinsville High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.