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Land with Home for Sale in Carbon, Indiana

8891 E 390 S, Carbon, IN 47872

$2,100,000
Active sale
Est $10,982/mo

Located at 8891 E 390 S, Carbon, IN 47837, this exceptional 211+/- acre property offers the perfect combination of income-producing farmland, mature timber, creek frontage, and premier outdoor recreation. Featuring approximately 90 acres of productive tillable ground and 121 acres of mature timber, this farm is an outstanding opportunity for investors, hunters, and outdoor enthusiasts alike. Adding to the property's value is an mature farmhouse with several outbuildings that is currently tenant-occupied, providing consistent monthly rental income while offering future owners additional flexibility. Whether you choose to continue leasing the home, renovate it, or use it as a hunting camp or weekend retreat, the improvements provide immediate value beyond the land itself. The property boasts over 1,600 feet of Big Raccoon Creek frontage, creating an exceptional natural water source and wildlife corridor. The combination of mature hardwoods, productive tillable acreage, creek frontage, and ideal habitat supports outstanding populations of whitetail deer, wild turkey, pheasant, squirrels, and other native wildlife. Spring brings excellent morel mushroom hunting, making this property a true four-season recreational destination. Conveniently located just minutes from Raccoon Lake, you'll enjoy quick access to boating, fishing, camping, hiking, and countless outdoor activities while still experiencing the peace and privacy of rural western Indiana. Whether you're looking for a premier hunting property, an income-producing land investment, a recreational getaway, or a place to build your dream home, this versatile property offers endless possibilities.

Sq feet
2
Beds
1
Full bath

Location

Street address
8891 E 390 S
Zip code
47872
Elevation
606 feet
Coordinates
39.7097, -87.0751

Directions

1. From Mansfield, head east on Parke County Road 1100 S / Mansfield Road toward IN-59. 2. Turn right (south) onto IN-59 S and continue for approximately 5 miles. 3. Turn left (east) onto County Road 390 S (E 390 S). 4. Continue east on E 390 S for approximately 4 miles. 5. 8891 E 390 S will be on your left (north side of the road).

Property details

Zoning
Mixed Use
MLS #
MyStateMLS 11863257
Posted

Property taxes

2024
$3,031

Parcels

  • 61-12-28-000-402.000-015

Details and features

Listing

Type
Farm

Structure

Materials
Wood Siding

Interior

Rooms
Bathroom, Bedroom x 2

Listing history

DateEventPriceChangeSource
July 17, 2026Relisted$2,100,000MyStateMLS
July 8, 2026Listing removed$2,100,000Listing agent
July 2, 2026New listing$2,100,000MyStateMLS
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This property is located at 8891 E 390 S in Carbon, IN 47872. The property is available for sale, priced at $2,100,000. It has a 2-bedroom, 1-bath house.

Listed by Geswein Farm & Land Realty, (765) 427-1619

Checked 3 hours agoUpdated Source

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