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Land for Sale in Bedford, Indiana

Lawrence County, Bedford, IN 47421

$750,000
140 acres
Active sale
Est $5,096/mo

Located on the eastern edge of Bedford, Indiana, this exceptional 140 +/- acre property offers a rare opportunity to own a buildable acreage tract with convenient access, outstanding recreational opportunities, timber investment potential, and future development possibilities. With frontage along both US Highway 50 and the dead-end cul-de-sac of Eastlake Drive, the property provides the perfect balance of rural privacy while remaining just minutes from shopping, dining, schools, and everyday conveniences. A cleared building site has already been established outside of the property's Classified Forest enrollment, creating an ideal location for your future home while allowing the remaining acreage to continue benefiting from the tax advantages of the Classified Forest Program. Utilities are available nearby along Eastlake Drive, making future construction even more convenient. Build your dream home surrounded by mature hardwoods, scenic rock-bottom creeks, and abundant wildlife. The property features a quality stand of mature oak and poplar timber, offering long-term investment value while providing exceptional habitat for deer, turkey, and other wildlife. The diverse terrain includes hardwood ridges, dense bedding cover, natural travel corridors, and an established trail system ideal for ATVs, UTVs, horseback riding, hiking, and hunting. Historic railroad beds crossing the northern portion of the property provide additional access and excellent trails throughout the woods. Near the center of the property lies the historic Blue Hole Quarry. Naturally reclaimed over time, it blends seamlessly into the surrounding mature forest while adding unique history and character to the landscape. The southern portion of the property includes approximately 130 feet of frontage along US Highway 50 and approximately 2 +/- acres of commercially zoned ground, providing flexibility for future development or investment. An existing illuminated advertising billboard may offer future income potential for the next owner (subject to INDOT permitting requirements). Whether you're looking to build your forever home, establish a private hunting retreat, invest in quality timberland, or own a recreational property with commercial upside, this diverse tract offers a combination of features rarely found in one property.

Location

Zip code
47421
School district
North Lawrence Community Schools
Elevation
644 feet
Coordinates
38.8678, -86.4639

Property details

Acreage
140 acres
MLS #
BMLS 202628517
Posted

Property taxes

2025
$100

Parcels

  • 47-06-13-900-015.500-010

Legal description

Details and features

Listing

Type
Land
Address
140+/- Ac Off Eastlake Drive

Lot

Features
Cul-De-Sac, Heavily Wooded, Partially Wooded, Rolling, Undeveloped

Nearby schools

NameTypeDistrict
LincolnElementaryNorth Lawrence Community Schools
BedfordMiddleNorth Lawrence Community Schools
Bedford-North LawrenceHighNorth Lawrence Community Schools

Listing history

DateEventPriceChangeSource
Aug 27, 2026New listing$750,000BMLS
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This 140-acre property is located in Bedford, IN 47421. The land is available for sale, priced at $750,000 — $5,357 per acre.

Listed by Whitetail Properties Real Estate, (317) 446-9500

Checked 1 hour agoUpdated

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