Listing courtesy of Home & Harvest Properties LLC · Listing agent: Chris Craig · chris@homeandharvestproperties.com

Virtual tour
ActiveSite-Built Home

2875 S 1200 E Road

$875,000

$555.56 / sq ft

Est. $5,144/mo

Loogootee, IN 47553-5247

Original price $1,199,000 · Price reduced on September 1, 2026

  • Waterfront
  • 23 acres
  • 1-car garage
  • Basement
Bedrooms
2
Bathrooms
1
Living area
1,575 sq ft
Lot
23 ac
Year built
1955
Type
Site-Built Home
Listed
August 4, 2026
MLS #
202631487

About this home

LOT #1 & LOT #2. Rare opportunities like this don't come along often! Nestled on 23 picturesque acres in the desirable Barr-Reeve School District, this exceptional property offers the perfect blend of recreation, crop income, and country living. Featuring approximately 1,000 feet of paved county road frontage, nearly 20 acres of tillable farmland and a stocked private lake. This is the type of property buyers spend years searching for. Seller is also open to considering the sale of smaller parcels. Any proposed parcel configuration, acreage, access, and purchase price must be acceptable to and approved by the seller. Buyers interested in purchasing less than the entire 32 acres are encouraged to inquire about potential options. The setting is truly breathtaking. Relax on your back porch overlooking your own private lake with panoramic views stretching across the farmland beyond. Whether your passion is farming, hunting, fishing, ATV riding, raising livestock, or simply enjoying peace and privacy, this property offers endless opportunities to enjoy the outdoors. The well-maintained home features 2 bedrooms and 1 full bath, but was originally designed as a 3-bedroom home, with two bedrooms combined to create an exceptionally large primary bedroom. Inside you'll also find a spacious living room, country kitchen with abundant cabinetry, main-floor laundry, and a wood-burning stove in the basement providing supplemental heat and a cozy gathering space. The home has been lovingly cared for, is clean and move-in ready, and offers the perfect opportunity to personalize over time. A 35' × 36' detached barn/shop provides ample room for tractors, equipment, recreational vehicles, workshop space, or additional storage. Another valuable feature is that this property has never been mined and remains original, undisturbed ground, a characteristic many buyers specifically seek in this area. It is also located nearly one mile from the currently projected Mid-States Corridor route. According to the local public water provider, additional neighboring participation or private investment could make extending public water service, approximately 5,500 feet away, a possibility. Buyers should verify utility extension costs and availability directly with the service provider. From the productive farmland to the peaceful lake and panoramic views, this is more than just a home—it's a place to build memories.

Monthly payment estimate

$5,144/mo

Principal & interest
$4,789
Property taxes
$100
Homeowners insurance
$255
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
9
Total area
2,363 sq ft
Finished area above grade
1,575 sq ft
Unfinished area below grade
788 sq ft
Below grade total
788 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Slab, Partial, Unfinished
Flooring
Carpet
Heating
Oil
Cooling
Central Air
Laundry
Main Level
Interior features
Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Open Floorplan, Stand Up Shower, Workshop, Main Level Bedroom Suite, Main Floor Laundry

Exterior & parking

Style
Ranch
Construction
Metal Siding
Roof
Asphalt, Shingle
Foundation
Block
Garage spaces
1
Garage type
Carport
Garage sq ft
686 sq ft
Parking
Gravel
Private pool
No
Other structures
Detached Garage
New construction
No

Waterfront & lake

Waterfront
Yes
Waterfront features
Pier/Dock, Walk to Lake Access
Water access
Lakefront
Water frontage
680 ft
Water feature
Pond

Lot

Lot features
Irregular Lot, Part Wooded, Rolling Lot, Waterfront, 15+, Lake on Lot, Water View, Wooded
Lot size (acres)
23 ac
Lot dimensions
1,325' X 1,340' Approx
Location type
Rural
County
Daviess County
Township
Barr
Road frontage
County Road
Road surface
Paved
Platted
Yes
Planned unit development
No
Directions
GPS Friendly. Google Maps: https://maps.app.goo.gl/Ns63bWyjbRM98L3D9 From 100S (Old 50), turn south onto 1225E, West on 200 S, then south on 1200 E, property is on west side of road.

Schools

Elementary school
Barr Reeve
Middle school
Barr Reeve
High school
Barr Reeve
School district
Barr-Reeve Community

HOA & community

HOA fee
$0

Taxes & terms

Annual taxes
$1,204
Tax year
2026
Listing terms
Cash, Conventional, FHA, USDA Loan, VA
Possession
30 DAC
Parcel number
14-15-10-400-015.000-001

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Oven-Electric,Range-Electric,Water Heater Electric

Utilities

Water
Well
Well
Private
Sewer
Septic Tank

Location

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