Listing courtesy of ERA FIRST ADVANTAGE REALTY, INC · Listing agent: Steve Wigand · office: 812-482-6080

Virtual tour
Under contractSite-Built Home

3084 S State Rd 257 Highway

$625,000

$165.65 / sq ft

Velpen, IN 47590

Original price $875,000 · Price reduced on June 23, 2026

  • On Private Lake
  • 7 acres
  • 2-car garage
  • Fireplace
  • Basement
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Bedrooms
6
Bathrooms
4.5
Living area
5,922 sq ft
Lot
7 ac
Year built
2003
Type
Site-Built Home
Listed
May 4, 2026
MLS #
202616529

About this home

This pristine home sits on 7 acres of meticulously manicured grounds, complete with a fully stocked lake that offers a serene backdrop for daily living. If you seek a secluded haven, this impressive estate provides unparalleled privacy and luxury. The residence boasts a generous 6-bedroom, 4.5-bathroom layout, expertly designed for easy accommodation. The architectural design maximizes functional elegance, offering over 3,770 square feet of sophisticated living space. The heart of the home is a chef’s dream kitchen, featuring a substantial eat-at bar, high-end finishes, and a full suite of included appliances. Retreat to the master bedroom suite, a true sanctuary equipped with a luxurious steam shower, double bowl sinks, and an expansive walk-in closet. The dedicated office provides an inspiring environment with grand floor-to-ceiling windows and custom built-in bookshelves. Entertainment possibilities are endless, starting with a living room that features soaring ceilings open to the second level and a massive window framing picturesque lake views. Step outside onto the expansive deck, a perfect venue for hosting large gatherings or enjoying quiet, peaceful moments in nature. The outdoor amenities further include a massive 40 X 40 pole building that offers versatile space, including potential for additional living quarters. The surrounding 40-acre property has been thoughtfully developed with a network of private riding and walking trails for year-round exploration. The lower level of the home continues to impress with a fully finished walk-out basement, adding over 2,700 square feet of additional living area. This level includes three exceptionally large bedrooms, a well-appointed full bathroom featuring a walk-in shower, and a convenient Jack-and-Jill bathroom configuration serving the additional sleeping quarters. This home and property has everything to offer!!

Property details

Interior

Levels
One and One Half
Total rooms
9
Total area
6,538 sq ft
Finished area above grade
3,773 sq ft
Finished area below grade
2,149 sq ft
Unfinished area below grade
616 sq ft
Below grade total
2,765 sq ft
Bedrooms above grade
3
Bedrooms below grade
3
Full baths, main level
1
Full baths, upper level
1
Full baths, below grade
2
Half baths, main level
1
Basement
Full, Walk-Out Basement, Finished
Heating
Natural Gas, Propane
Cooling
Central Air
Fireplaces
2
Fireplace features
Family Room, Living/Great Rm
Laundry
Main Level

Exterior & parking

Construction
Brick
Garage spaces
2
Attached garage
Yes
Garage type
Attached
Garage sq ft
625 sq ft
Private pool
No
Other structures
Pole/Post Building
Outbuilding 1
1,600 sq ft
New construction
No

Waterfront & lake

Waterfront
Yes
Body of water
Private Lake
Water access
Frontage Lot
Lake type
Non Ski Lake
Water frontage
50 ft
Water feature
Lake

Lot

Lot features
Level, Sloped, 15+, Lake on Lot, Wooded
Lot size (acres)
7 ac
Lot dimensions
0 X 0
County
Pike County
Township
Marion
Platted
Yes
Planned unit development
No
Directions
Hwy 56 W, Left on 257, Home is on the right

Schools

Elementary school
Winslow
Middle school
Pike Central
High school
Pike Central
School district
Pike County School Corp.

Taxes & terms

Annual taxes
$4,854
Tax year
2026
Tax exemptions
Homestead, Mortgage
Possession
At Closing
Parcel number
63-12-05-100-008.000-006

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Window Treatments,Dryer-Electric,Kitchen Exhaust Hood,Oven-Built-In,Warming Drawer

Utilities

Water
City

Income & commercial

Gas meters
17

Location

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$625,000

6 beds · 4.5 baths