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off W County Road 250 N

Patoka, IN, 47666

Located just 3 miles east of the confluence of the White, Wabash, and Patoka Rivers sits this incredible +/-56 acre bottomland timber tract that the Patoka River borders. This parcel offers gravel easement access from the southwest corner and would make a great multi-site fish/kayak camp or hunting tract. With over 1 mile of Patoka river frontage running along the property's north border, there is no shortage of campsites! After a timber harvest, the property has seen incredible new successional growth, offering outstanding diverse wildlife habitat. Given the timber harvest, this property already offers the most diversity in the neighborhood. With a properly executed management plan, this property has the potential to go from a blank slate to a truly remarkable wildlife parcel. Given its proximity to the Duke Gibson power plant (Broad Pond), known for holding thousands of waterfowl, this parcel offers the potential to become a great waterfowl refuge! An oil lease is present on this parcel, with electricity running to the two oil pumpjacks on the property, reducing costs to you if your vision for this property requires electric service. Being one of the most affordable tracts on the market, don't miss out on your opportunity to get the most bang for your buck!
County
Gibson County
Lot Size
56.0000
Subdivision
None
Annual Taxes
79.00
Association Dues
0.00
District
North Gibson School Corp.
Elementary
Princeton
Middle School
Princeton
High School
Princeton
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Zach Holt of Whitetail Properties Real Estate, 812-887-2954.

    Cameron Engstrom

    Realtor
    Cell: (812) 830-0019

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Frequently asked questions

What is the Difference between Sale Price & Assessment?
Here is one of the most commonly asked questions at Assessment Notice time: We recently purchased a property, why is it assessed at a different price then the purchase price? This could be due to a couple of reason: First, the motivation of the buyers and sellers can affect sale price. Therefore, when very similar properties are sold during the same time frame, a range of sale prices can result. The market value assessment reflects sales in the middle of this range of prices. As a result, the assessment could be higher or lower than a specific selling price. Second, market values may have changed between valuation day and the date you made your purchase. For example, in some areas, market values have increased since January 1. If this has happened in your area and you  have only recently purchased your property, it is possible that your assessment, while representative of your type of home 3 or 4 months ago, will be lower than your purchase price. The purpose of the assessment roll is not to reflect a single sale price, but to assess all properties at market value on the same valuation date, so that taxation is fairly and uniformly shared.

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Disclaimer

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: April 4, 2025, 11:30 am
IDX information provided by the Indiana Regional MLS