# off US Highway 231, Loogootee, IN 47553 > **TL;DR:** land, $312,500. > Waterfront. Est. $1,671/mo. Listed 149 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $312,500 | | Lot Size | 606,312 sqft (13.92 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 149 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,580 | | Estimated Insurance | $91 | | **Total** | **$1,671** | ## Nearby Schools - **Elementary:** Loogootee - **Middle:** Loogootee - **High:** Loogootee ## Key Amenities - Waterfront ## Property Highlights - 13.92 acre lot - Waterfront ## Description ### Agent Description Discover the opportunity to own a versatile 13.919+/- acre property in Martin County, Indiana, just north of Boggs Lake and minutes from the Naval Surface Warfare Center Crane Division and Loogootee. With more than 1,120 feet of frontage along highly traveled Highway 231, this property offers excellent visibility, convenient access, and a peaceful rural setting ideal for investors, developers, business owners, or buyers seeking a mini-farm or future homesite. The gently rolling terrain features several elevated building sites with scenic countryside views. A picturesque half-acre pond provides immediate recreational and aesthetic appeal, with potential expansion to approximately 1.5+/- acres for an even more impressive water feature. Electric and water utilities are available at the road, while sewer is not currently available. Combined with substantial road frontage and favorable topography, the property is well suited for a custom home, residential development, commercial venture, or mixed-use investment. Currently zoned agricultural and located in the county with no known restrictions, the tract offers flexibility for future planning and development. Buyers seeking commercial exposure will appreciate the exceptional visibility along one of the area's major transportation corridors. Positioned between Crane Naval Base and Loogootee, the property benefits from a growing and strategically located market with strong long-term potential. Outdoor enthusiasts will enjoy proximity to Boggs Lake for boating, fishing, and recreation, while nearby communities, employers, schools, and amenities remain easily accessible. The manageable acreage size allows for development or enjoyment without the maintenance demands of larger tracts. The property was recently surveyed, and buyers should review the supplied survey in the listing supplements, as public data may not accurately reflect current boundaries. If you have been searching for land with outstanding access, flexible development potential, scenic features, and investment appeal in southern Indiana, this Martin County property deserves serious consideration. ## Location - **Address:** off US Highway 231, Loogootee, IN 47553 - **County:** Martin County - **Coordinates:** 38.74275648, -86.91472997 - **Google Maps:** https://www.google.com/maps?q=38.74275648,-86.91472997 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/irmls/202621013 ## Listing Agent - **Name:** Kris Christianson - **Brokerage:** William Minor - **Broker Phone:** (317) 446-9500 ## Photos ![off US Highway 231 - Photo 1](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f603215166r.jpg) ![off US Highway 231 - Photo 2](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f927638313r.jpg) ![off US Highway 231 - Photo 3](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f3723583670r.jpg) ![off US Highway 231 - Photo 4](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f1465923395r.jpg) ![off US Highway 231 - Photo 5](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f2505875624r.jpg) ![off US Highway 231 - Photo 6](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f926907679r.jpg) ![off US Highway 231 - Photo 7](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f3909712086r.jpg) ![off US Highway 231 - Photo 8](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f2157904546r.jpg) ![off US Highway 231 - Photo 9](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f183045066r.jpg) ![off US Highway 231 - Photo 10](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f3738761435r.jpg) ![off US Highway 231 - Photo 11](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f3694286713r.jpg) ![off US Highway 231 - Photo 12](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f538246315r.jpg) ![off US Highway 231 - Photo 13](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f1435089256r.jpg) ![off US Highway 231 - Photo 14](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f1599351809r.jpg) ![off US Highway 231 - Photo 15](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f1991415187r.jpg) ![off US Highway 231 - Photo 16](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f1082299023r.jpg) ![off US Highway 231 - Photo 17](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f3963323763r.jpg) ![off US Highway 231 - Photo 18](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f1628025708r.jpg) ![off US Highway 231 - Photo 19](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f1548155395r.jpg) ![off US Highway 231 - Photo 20](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f2920695921r.jpg) ![off US Highway 231 - Photo 21](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f3220677242r.jpg) ![off US Highway 231 - Photo 22](http://lh.rdcpix.com/dc66593bdccf2545b641a1126db86246l-f1246568377r.jpg) --- **MLS#:** 202621013 | **Updated:** 2026-10-21 **Source:** listhub *Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/off-us-highway-231-loogootee-in-47553-0f3446b235b745f685fee58fb12563e7) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/off-us-highway-231-loogootee-in-47553-0f3446b235b745f685fee58fb12563e7#listing", "url": "https://staging.propertysimple.ai/listing/off-us-highway-231-loogootee-in-47553-0f3446b235b745f685fee58fb12563e7", "name": "off US Highway 231, Loogootee, IN 47553", "description": "Discover the opportunity to own a versatile 13.919+/- acre property in Martin County, Indiana, just north of Boggs Lake and minutes from the Naval Surface Warfare Center Crane Division and Loogootee. With more than 1,120 feet of frontage along highly traveled Highway 231, this property offers excellent visibility, convenient access, and a peaceful rural setting ideal for investors, developers, business owners, or buyers seeking a mini-farm or future homesite. The gently rolling terrain features several elevated building sites with scenic countryside views. A picturesque half-acre pond provides immediate recreational and aesthetic appeal, with potential expansion to approximately 1.5+/- acres for an even more impressive water feature. Electric and water utilities are available at the road, while sewer is not currently available. Combined with substantial road frontage and favorable topography, the property is well suited for a custom home, residential development, commercial venture, or mixed-use investment. Currently zoned agricultural and located in the county with no known restrictions, the tract offers flexibility for future planning and development. Buyers seeking commercial exposure will appreciate the exceptional visibility along one of the area's major transportation corridors. Positioned between Crane Naval Base and Loogootee, the property benefits from a growing and strategically located market with strong long-term potential. Outdoor enthusiasts will enjoy proximity to Boggs Lake for boating, fishing, and recreation, while nearby communities, employers, schools, and amenities remain easily accessible. The manageable acreage size allows for development or enjoyment without the maintenance demands of larger tracts. The property was recently surveyed, and buyers should review the supplied survey in the listing supplements, as public data may not accurately reflect current boundaries. 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