3250 S Wathen Road, Pekin, IN 47165

--beds

--baths

65Acres

Unimproved Land

Built in ----

65 Acres Lot

$342,800 Zestimate^®

$--/sqft

$-- HOA

What's special

Large number of trees

Pleased to present this exclusive opportunity to acquire 65 acres between Pekin, Salem and Scottsburg!!!This property has already been surved and subdivided with a recorded plat in Washington County. 22 remaining lots are being offered at a package price of $14,277 per acre. With a large number of trees around the 2 acre lake and on an 8 acre site w/over 1000 ft of road frontage. According to county zoning the 8 acres could be subdivided to increase the number of lots to be sold. 9 of the remaining Forest Grove lots are on the lake. Only 1 lake lot and 2 other were ever sold. Now the owner wants to sell all of the remaining 22 lots. The subdivision was engineered and created close to 20 yrs ago. The road survace was gravel, electric service poles have been placed onsite and a 4" water line all the way back to the cul-de-sac was installed.

304 days

70

4

Facts & features

Property

Features

Has view: Yes
View description: Park/Greenbelt, Lake, Panoramic, Scenic
Has water view: Yes
Water view: Lake
Waterfront features: Lake, Lake Front
Frontage type: Lakefront

Lot

Size: 65 Acres
Dimensions: 65 acres
Features: Lake Front, Split Possible, Additional Land Available, Cul-De-Sac, Secluded

Details

Additional parcels included: ask listing agent
Parcel number: 881504000005014015
Zoning: Residential
Zoning description: Residential

Utilities & green energy

Sewer: Septic Tank
Water: Not Connected, Public
Utilities for property: Water Available

Community & HOA

HOA

Has HOA: No

Location

Region: Pekin

Financial & listing details

Tax assessed value: $145,900
Annual tax amount: $3,620
Date on market: 10/14/2025
Cumulative days on market: 304 days
Listing terms: Cash,Conventional,Contract
Road surface type: Paved, Gravel

Estimated market value

$342,800

$278,000 - $418,000

$1,424/mo

Price history

Date	Event	Price
10/14/2025	Listed for sale	$928,000
Source: SIRA #2025011835 Report a problem
6/12/2025	Listing removed	$928,000
Source: SIRA #2024011352 Report a problem
10/7/2024	Listed for sale	$928,000
Source: SIRA #2024011352 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$585 +25.1%	$145,900 +23.4%
2024	$468 +36.1%	$118,200 +10.4%
2023	$343 +90.1%	$107,100 +16.8%
2022	$181 +27.9%	$91,700 +13.9%
2021	$141 +30.7%	$80,500 +7%
2020	$108 -48.4%	$75,200 +8.5%
2019	$210 +36.1%	$69,300 +4.4%
2018	$154 +68.7%	$66,400 -8%
2017	$91 -67.1%	$72,200 +8.1%
2016	$278 +337%	$66,800 +6.7%
2014	$64 +99.1%	$62,600 +12.6%
2013	$32 +153.5%	$55,600 +6.3%
2012	$13 -89.2%	$52,300 -32.6%
2011	$117 -10.3%	$77,600
2010	$130 -20.6%	$77,600 -7.3%
2009	$164 -88.8%	$83,700 +3.7%
2007	$1,469 +11.8%	$80,700 +0.7%
2006	$1,315	$80,100