9141 W Sr 56, Lexington, IN 47138
Local realty services provided by:Schuler Bauer Real Estate ERA Powered



Listed by:austin a ketcham
Office:exp realty, llc.
MLS#:202509458
Source:IN_SIRA
Price summary
- Price:$1,200,000
- Price per sq. ft.:$329.13
About this home
Once-in-a-Lifetime Country Estate – Over 72 Acres of Pure Paradise!
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.
Contact an agent
Home facts
- Year built:1994
- Listing Id #:202509458
- Added:22 day(s) ago
- Updated:August 12, 2025 at 03:24 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,646 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Units, Window Units
- Heating:Geothermal
Structure and exterior
- Roof:Shingle
- Year built:1994
- Building area:3,646 sq. ft.
- Lot area:72.3 Acres
Utilities
- Water:Connected, Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$329.13
- Tax amount:$4,004
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