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5088 S Ray Rd

Underwood, IN 47177
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$399,999 $1,686/Mo
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Bed 3

Bed

Bath 2

Bath

SqFt2,523

Sqft

Acres8.75

Acres(Lot)

If you're looking for privacy, acreage, and endless potential — this is it! Investor special sitting on two parcels totaling 23.7 heavily wooded acres (8.75 acres + 14.95 acres) with scenic views, abundant wildlife, and a pond perfect for fishing right on your own property. This walkout ranch needs TLC but offers incredible opportunity for an investor, hunting retreat, rental property, or private country escape. The home features 2 bedrooms upstairs, 1 bedroom in the finished walkout basement, two wood-burning fireplaces, an attached 2-car garage, and a functional layout with a breakfast bar, bay window dining area, and generous living spaces. Relax on the porch surrounded by mature shade trees and peaceful nature views. Rare chance to own this much land, privacy, and potential all in on

Detail Ic Property Details

Property Type : Residential

Price : $399,999

AD Id : 80076459

MLS Id : 1719532

Beds : 3

Lot Size : 8.75 Acres

Living Area Size : 2,523

Year Built : 1989

Garage : 1

County : Scott

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 7 Has Basement: Yes

  • Roofing Information

    Shingle

  • Interior Features

    Roof: Shingle

  • Heating & Cooling

    Has Heating: Yes Heating: Other

  • Building Information

    Year Built: 1989 Building Area Total: 1442 Construction Materials: Stone, Frame Stories: 1 Patio And Porch Features: Deck, Porch, Screened Private Pool: No

  • Lot Information

    Main Square Feet: 8.75 Acres Lot Size Acres: 8.75 Lot Size Square Feet: 381150

    Property Information

    Subdivision: NONE Source Property Type: Residential MLS Area Minor: 13-Indiana Property SubType: Single Family Residence Property Age: 37

  • Listing Price Information

    Listing Price: $399999

  • Tax Information

    Parcel Number: 72-10-14-200-024.001-001 Tax Lot: 0000 Tax Block: 0000

  • Parking Information

    Detached, None

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Utility Information

    Electricity Connected

  • Location Information

    Direction: Get on I-264 W Continue on I-264 W. Take I-65 N to IN-160 E in Henryville. Take exit 19 from I-65 N Take US-31 N and County Line Rd W to S Ray Rd in Finley Township 5088 S Ray Rd Underwood, IN 47177 WaterSource: Public
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ByOwner last updated this listing 06/10/2026 @ 01:33

MLS: 1719532 LISTED BY: Jay Arora, 85W Real Estate 502-200-1422 SOURCE: Greater Louisville Association of REALTORS

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