LandProz is pleased to present the Wisdom Lake property in Decatur County, IN.
Premier Development Opportunity 62 +/- Acres with Approved Building Sites and Private Lake
This exceptional 62 +/- acre property presents a rare investment and development opportunity in a highly desirable location just minutes from Interstate 74. With rezoning completed and infrastructure planning already in place, the property is positioned for immediate development or phased lot sales.
The property features 10 construction-ready building sites, each consisting of more than two acres and served by a private road, creating an ideal setting for an upscale rural residential development. The large lot configuration caters to today's demand for estate-sized homesites that offer privacy, outdoor recreation, and convenient access to employment centers and amenities.
A centerpiece of the development is the professionally engineered 15 +/- acre lake, designed to maintain consistent water levels and providing a premium amenity that enhances lot values and marketability. In addition to the individual homesites, the development includes 15.38 acres of common area surrounding the lake, providing shared ownership and recreational access for all 12 lot owners. This expansive common area creates a unique community atmosphere while preserving the natural beauty and long-term appeal of the development. Additional recreational features include a network of established trails, abundant wildlife habitat, and a scenic half-acre pond, creating a lifestyle environment that distinguishes this property from traditional residential developments.
The location offers excellent accessibility with direct access to Interstate 74 and convenient proximity to Greensburg, Indianapolis, Cincinnati, and major regional employers. The surrounding area supports strong demand from professionals working in manufacturing, engineering, healthcare, and technical industries who seek larger homesites and a rural lifestyle without sacrificing convenience.
Included with the property is a well-maintained 2-bedroom, 1-bath residence with an attached three-car garage, as well as a workshop, storage building, and shipping containers. These improvements can serve as a project headquarters, rental income opportunity, or caretaker residence during development.
Whether your vision is to develop and market premium estate lots, create a private residential community, or hold as a long-term investment, this property offers a combination of scale, infrastructure, recreational amenities, and development readiness that is rarely available in today's market.
Please contact LandProz Broker Eric Richards at 317-557-1376 for more information regarding this property.
PROPERTY FEATURES
61.94 +/- Deeded Acres
2 Bedroom & 1 Bathroom Home
Lake with Boat Ramp
Rural Lifestyle
Private Road
Easy Interstate Access
5 Miles to Greensburg, IN
45 Miles to Indianapolis, IN
65 Miles to Cincinnati, OH
Real Estate taxes $1,649.50