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2 Pepper Hill Dr, Rising Sun, IN, 47040

0beds
0baths
--sqft
$124,900
--price/sqft
$988/moest. monthly cost
$39,520/yrincome needed

About This Home

Spacious end-of-road lot located at the end of Pepper Hill in scenic Ohio County, Indiana. This large 5.4 acre parcel offers added privacy, minimal traffic, and a peaceful setting surrounded by nature. An excellent opportunity to build your dream home or invest in land with a quiet, country feel while still being within reasonable distance to local amenities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

6/10
Ohio County Elementary-Middle SchoolGrades PK-51.9 mi
3/10
Ohio County Middle SchoolGrades 6-81.9 mi
6/10
Rising Sun High SchoolGrades 9-121.7 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Unimproved Land,Single Family Residence

Property

Details

  • Parcel number: 580328400000020003
  • Zoning description: Agricultural

Features

  • Has view: Yes
  • View description: Valley,Trees/Woods
  • Topography of land: Rolling

Lot

  • Lot size: 5.44 Acres
  • Features: Pasture

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 WindVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Lightning
Tornado
Cold Wave
Inland Flooding
Landslide
Winter Weather

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 $631$7,572
Home Insurance *$103$1,236
Property Taxes $70$840
Electricity $184$2,212
Total$988$11,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

30% on housingRecommended$39,520/yr
35% on housing$33,874/yr
40% on housing$29,640/yr
45% on housing$26,346/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: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.4%
7.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 47040$180
Ohio County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 47040$126
Ohio County$123

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)

No zestimate history available

Price History

DateEventPrice
2026-03-02Listed for sale$124,900

For Sale by Agent

AgentBrett Fehrman
BrokerageFehrman Realty
Phone812-584-0624
View on Zillow

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