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Land with Home for Sale in Portland, Indiana

1506 W 650 S, Portland, IN 47371

$340,000
24.7 acres
Pending sale
Under contract

Escape to the country with this unique opportunity at 1506 W 650 S in Portland! This charming home offers 2 modestly sized bedrooms, 1 full bathroom, and 1,588 square feet of comfortable living space, providing a functional layout with room to make it your own. The spacious interior features generous living areas and plenty of natural light, creating a warm and inviting atmosphere. Situated on approximately 24± acres, this property is a rare find. With 14± acres of tillable ground, it offers excellent potential for farming, leasing, or investment income. An additional 7± acres of mature woods provide privacy, scenic views, and outstanding recreational opportunities. The current owner has enjoyed great success hunting both deer and turkey on the property, making it an ideal setup for outdoor enthusiasts. Whether you’re looking for a peaceful rural residence, hunting retreat, or a property with income-producing land, this home offers versatility and endless potential. Conveniently located just a short drive from town while still providing the quiet and seclusion of country living.

1,588
Sq feet
2
Beds
1
Full bath
1900
Built

Location

Street address
1506 W 650 S
School district
Jay Schools
Elevation
1,032 feet
Coordinates
40.3453, -85.0075

Directions

Head south on US 27. Turn right onto 650 S. House is approximately 1.5 miles on the northside of 650 S.

Property details

Acreage
24.7 acres
MLS #
MEIN 202606360
Posted

Property taxes

Recent
$707

Parcels

  • 38-11-19-200-007.000-029

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Attached Garage, Garage

Structure

Stories
1
Heating
Fireplace(s), Forced Air, Propane, Wall Furnace, Wood
Roof
Asphalt, Metal, Shingle

Interior

Room Count
4
Rooms
Bathroom, Bedroom x 2, Great Room, Kitchen, Laundry, Living Room
Fireplaces
Yes
Features
Eat-In Kitchen, Main Floor Laundry, Porch Enclosed

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameTypeDistrict
East JayElementaryJay Schools
Jay CountyMiddleJay Schools
Jay CountyHighJay Schools

Listing history

DateEventPriceChangeSource
Mar 30, 2026Under contract$340,000MEIN
Mar 23, 2026Price drop$340,000$20,000 -5.6%MEIN
Mar 9, 2026Price drop$360,000$15,000 -4%MEIN
Feb 28, 2026New listing$375,000MEIN
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This 24.7-acre property is located at 1506 W 650 S in Portland, IN 47371. The property is pending sale. It has a 1,588 sq ft 2 bedroom, 1 bath house built in 1900.

Checked 2 hours ago — Updated

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