See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

6597 S State Road 257, Velpen, IN, 47590

2beds
2baths
1,424sqft
$329,700
$232price/sqft
$2,527/moest. monthly cost
$101,080/yrincome needed

About This Home

Nestled on 4.15 acres of lush, wooded landscape, this beautifully maintained cabin offers the perfect blend of privacy, comfort, and natural beauty. Featuring a spacious loft, two full bathrooms, and an inviting open living area with expansive windows, the home is designed to bring the outdoors in while filling the space with natural light and scenic views. Step outside to enjoy your own private retreat complete with direct access to the Patoka River. Two walking paths wind through the property, leading you to the river’s edge where you can relax, explore, or enjoy peaceful waterfront moments. An outdoor leisure area with chairs and a fire pit creates the ideal setting for entertaining guests or unwinding beneath the stars. Whether you’re seeking a full-time residence, weekend getaway, or investment opportunity, this serene cabin property captures the beauty and tranquility of Southern Indiana living.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

4/10
Winslow Elementary SchoolGrades PK-56.7 mi
4/10
5/10
Pike Central High SchoolGrades 9-1210.2 mi

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin/Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Freezer,Electric Range

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 160

Features

  • Window features: Window Treatments
  • Finished area below ground: 0
  • Finished area above ground: 1,424

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 1,424
  • Total interior livable area: 1,424 sqft

Kitchen

  • Level: Main
  • Area: 280

Living Room

  • Level: Main
  • Area: 300

Property

Details

  • Parcel number: 631219400025.000003

Features

  • Levels: One and One Half
  • Stories: 1
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: River Front,River
  • Waterbody name: Patoka River
  • Frontage length: Water Frontage(251)

Lot

  • Lot size: 4.15 Acres
  • Features: Few Trees,Rolling Slope,Wooded,Rural

Parking

  • Total spaces: 2
  • Parking features: Detached,Gravel
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Drought
Earthquake
Hail
Heat Wave
Inland Flooding
Lightning
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,667$20,004
Home Insurance *$160$1,920
Property Taxes $516$6,192
Electricity $184$2,212
Total$2,527$30,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,640/yr
40% on housing$75,810/yr
45% on housing$67,386/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 12.1%
12.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$232This listing

vs Other Active Listings

Avg $/sqft

ZIP 47590$148
Pike County$107

vs Homes Sold Last Month

Median $/sqft

ZIP 47590$200
Pike County$156

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$344,700
2024-04-29Sold$325,000
2024-03-25Pending sale$324,900
2023-11-29Price change$324,900
2023-09-25Price change$349,900
2023-08-19Listed for sale$374,900

For Sale by Agent

AgentWilliam Walsh
BrokerageSELL4FREE-WELSH REALTY CORPORATION

Similar Homes