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  • $475,000

    5727 S Gilmore Ridge Ln, Nashville, IN 47448

    --beds
    --baths
    12.26Acres
    Unimproved Land, Residential Lots
    Built in ----
    12.26 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Flat buildable acreagePrivate road
    Incredible opportunity to own 12.26 acres with waterfront access to Lake Monroe! This scenic property offers approximately 300 feet of shoreline with a beautiful mix of sand and river rock beach. The water near the shore is approximately 4-8 feet deep and easily navigable, perfect for enjoying lake life and shore overnighting. The property features gated shared private entrance access, a private road, and an easement to a shared private beach. Improvements include a newer garage/cabin with loft on a concrete pad, fresh water cistern, and electric available on the private road. Previous owner also obtained well and septic permits. Two years of tree clearing have created open spaces for building, camping, or future development while still maintaining privacy and a natural wooded setting. Wildlife such as deer, turkey, and rabbits are frequently seen throughout the property. A rare chance to own flat, buildable acreage with lake access, privacy, and endless possibilities near Lake Monroe. Want more land next to this? Check out 5735 S Gilmore Ridge that is also for sale!
    69 days
    |
    650
    |
    46
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashton Harris 317-752-1021,

    The Stewart Home Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22097307MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Lake, Trees/Woods, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Lake Front, Waterfront
      Lot
      • Size: 12.26 Acres
      • Features: Mature Trees, Wooded, Lake Front, Water Acces, Water View
      • Topography: Wooded
      Details
      • Additional structures: Equipment Shed
      • Parcel number: 530727400006000014
      • Zoning: residential
      • Zoning description: Other
      • Horse amenities: None

      Utilities & green energy

      • Water: See Remarks

      Community & HOA

      Community
      • Subdivision: No Subdivision
      Location
      • Region: Nashville

      Financial & listing details

      • Tax assessed value: $185,700
      • Annual tax amount: $2,294
      • Date on market: 4/24/2026
      • Cumulative days on market: 70 days
      • Listing terms: Other
      • Road surface type: Dirt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/24/2026Listed for sale$475,000-1%
        Source: MIBOR as distributed by MLS GRID #22097307 Report a problem
        9/28/2025Listing removed--
        Source: Owner Report a problem
        6/30/2025Price change$480,000-4%
        Source: Owner Report a problem
        6/6/2025Price change$500,000-16.7%
        Source: Owner Report a problem
        4/14/2025Listed for sale$600,000
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,294 +1554.1%$185,700 +1.1%
        2024$139 -16.7%$183,600 +1665.4%
        2023$167 +13.3%$10,400 -20%
        2022$147 +1.9%$13,000 +14%
        2021$144 -7%$11,400 +0.9%
        2020$155 -1.4%$11,300 -5%
        2019$157 -3.1%$11,900 -0.8%
        2018$162 -58.3%$12,000 -92.6%
        2017$390 $162,400 +365.3%
        2016$390 +48.7%$34,900 +74.5%
        2014$262 -3.6%$20,000
        2013$272 +10.4%$20,000
        2012$246 $20,000

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47448

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Monroe Central Elementary School
        • High: Monroe Central Jr-Sr High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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