9141 W SR 56 Lexington, IN 47138
4 Beds
3 Baths
3,646 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Square Footage 3,646 sqft
Price per Sqft $329
MLS Listing ID 202509458
Style One and One Half Story
Bedrooms 4
Full Baths 3
Construction Status Resale
Abv Grd Liv Area 3,646
Year Built 1994
Annual Tax Amount $4,004
Lot Size 72.300 Acres
Acres 72.3
Property Sub-Type Farm
Property Description
Welcome to an extraordinary opportunity to own over 72 acres of serene countryside, complete with a gorgeous 4-bedroom, 3-bath home, a 9-acre private lake, and incredible outbuildings offering endless versatility.
The main residence features spacious living areas, quality finishes throughout, and is efficiently heated and cooled by a geothermal system. Recent upgrades include new shingles and gutters, providing peace of mind and long-term value.
A highlight of the property is the massive pole barn, which includes a beautifully finished mother-in-law suite with its own bedroom, bathroom, kitchen, and living space — ideal for guests, extended family, or rental income. You'll also find a large shop area and a huge hay barn, perfect for farming operations, equipment storage, or hobby use.
All of this is ideally located just 5 minutes from the town of Hanover and less than 15 minutes from Historic Downtown Madison — recently voted the Best Small Town in the Midwest two years in a row!
Whether you're dreaming of starting a generational farm, seeking a private retreat, or exploring investment or income-producing potential, this property delivers. Seller may consider selling the home with a smaller parcel if desired. You can even lease the tillable acreage for added income.
This is more than a property — it's a legacy in the making.
Location
State IN
County Jefferson_ I N
Area Rural
Zoning Agri/ Residential
Direction From Main St Madison Head West on SR 56 Property is on the left.
Interior
Interior Features Eat-in Kitchen, Main Level Primary, Utility Room, Wood Burning Stove
Heating Geothermal
Cooling Central Air, Window Unit(s), Wall Window Unit(s)
Fireplaces Number 1
Fireplaces Type Wood Burning Stove
Fireplace Yes
Window Features Thermal Windows
Appliance Dryer, Oven, Range, Refrigerator, Washer
Laundry Main Level, Laundry Room
Exterior
Exterior Feature Deck, Landscaping, Porch, Water Feature
Parking Features Attached, Barn, Detached, Garage
Garage Spaces 5.0
Garage Description 5.0
Waterfront Description Lake Front
View Y/N Yes
Water Access Desc Connected,Public
View Park/ Greenbelt, Lake, Panoramic
Roof Type Shingle
Street Surface Paved
Porch Covered, Deck, Porch
Building
Lot Description Lake Front, Secluded
Entry Level One and One Half
Foundation Block
Sewer Septic Tank
Water Connected, Public
Architectural Style One and One Half Story
Level or Stories One and One Half
Additional Building Barn(s), Garage(s), Pole Barn
New Construction No
Construction Status Resale
Others
Tax ID 391418000001001011
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Virtual Tour https://bit.ly/40uZbED