Listing courtesy of Mossy Oak Properties Indiana Land and Lifestyle · Listing agent: John Wright

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PendingAgriculture

4618 State Road 550 Road

$800,000

Shoals, IN 47581

  • 149 acres
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Lot
149 ac
Type
Agriculture
Listed
October 7, 2026
MLS #
202641528

About this home

AMERICAN RUN | 149± ACRES | SHOALS, INDIANA Welcome to American Run, 149± acres of Southern Indiana land located along State Road 550 near Shoals in Martin County. Comprised of nine parcels, the property features approximately 92 acres of standing mature hardwood timber and 57 acres of grown-up pasture. Impressive natural rock formations and large rock outcroppings add distinctive character throughout the wooded terrain. WATER FEATURES American Run and Elm Creek cross portions of the property, providing natural surface-water features throughout the tract. Portions of the property are also located within a mapped FEMA floodplain. TIMBER & TERRAIN The property consists of rolling, heavily wooded terrain with mature hardwood timber, grown-up pasture, creek bottoms, ravines, and substantial natural rock formations. WHITETAIL HISTORY The property has a documented history of mature whitetail activity, including a Boone & Crockett-class buck that was pursued on this property over multiple seasons. EXISTING STRUCTURES Several older structures remain on the property. They are in poor condition and are being conveyed AS-IS, with the value of the property being placed primarily on the land. PROPERTY HIGHLIGHTS • 149± total acres • Nine parcels • Approximately 92 acres of standing mature hardwood timber • Approximately 57 acres of grown-up pasture • American Run and Elm Creek • Large natural rock formations and outcroppings • Rolling and heavily wooded terrain • State Road 550 frontage • Documented mature whitetail history • FEMA-mapped floodplain areas Several older structures remain on the property and are in poor condition and being conveyed AS-IS, with the value of the property being placed primarily on the land.

Property details

Waterfront & lake

Waterfront
No

Lot

Lot features
Other Buildings
Lot size (acres)
149 ac
Lot dimensions
IRREGULAR
County
Martin County
Township
Center
Current use
Agricultural, Recreational
Road frontage
State Road
Road surface
Asphalt
Road maintained by
State
Price per acre
$5,369
Timber acres
92 ac
Easements
Yes
Platted
Yes
Planned unit development
No
Directions
From the US 50/US 150 junction in Shoals, travel south on US 150 approximately 2.3 miles, turn right onto Lacy Rd, then right onto State Road 550. Continue west on SR 550 for approximately 4.1 miles to 4618 State Road 550 on the left.

Schools

Elementary school
Shoals Community
Middle school
Shoals Community
High school
Shoals
School district
Shoals Community School Corp.

HOA & community

HOA fee
$0

Taxes & terms

Annual taxes
$1,420
Tax year
2026
Assessed value
$121,800
Possession
At closing
Special conditions
Estate
Parcel number
51-10-03-400-017.000-001

Included in the sale

Excluded from sale
2 TRACTORS, 1 TILLER, 1 MOWER

Utilities

Electric
Available
Electric provider
Daviess-Martin REMC

Location

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$800,000