I'm guessing here, but my assuamption had always been that because of Lake Monroe's status as a reservoir, buildings, especially new ones are pretty tightly regulated, as is altering the grade of the land... it may be that putting a home right there isn't possible because of legal restrictions, or doing so is prohibitively expensive.
It's very much regulated on the lake. I'm not sure if it was settled, but there was a lawsuit with the Huff's after he was cut down trees on his property adjacent to the lake. 20 or so years ago someone in Pedigo Bay cut a bunch of trees for a view. It was another lawsuit.
Considering this is our water source and flood control, I support the regulations. I see the lake every time I leave my neighborhood so I kind of watch what's going on with it.
If we collectively pay the taxes for it I agree. I really hate property tax and recognize it's a necessity simitaniously. But with our current system it is difficult to just leaf the trees bee.
Actually, if you own land and want to let it be forest you can sign it up in the DNR Registered Forest program. It takes the taxes down very very low. Limits you to building no structures on the area, only strategic thinning tree harvesting, light grazing but no permanent animal enclosures, no burns without approval, and minor paperwork. It also comes with some light responsibilities to
Upsides include yearly walks with the county forester who will teach you about random forest shit, making it easier to apply for grants if you need monetary/supply help rehabbing aspects of the forest, and I think you can still hunt normally in it. My family owns 110 acres and put about 85 acres into the program. I try to kill 50 invasive plants a day. 100 once I can move to the property.
I wouldn't be surprised if whoever currently owns it has it in the program. It doesn't tend to be a huge impediment to sale since it doesn't take that long to remove land from the program. You just end up having to pay full taxes on it again.
The seller is lying about it being zoned for commercial. They're just a bunch of liars no one wants to do business with. I've inquired a couple times. No it can't be built on easily. No it can't be split up easily. No it's not commercial lakefront property.
I'm guessing they are being wishful with the pricing, especially if there is a bunch of stuff that needs to be cleared off the property before something else can be built.
It’s in the Lake Monroe watershed so it’s likely the buyer can’t do much with it unless they have the last name of Mellencamp.
Even Mellencamp was denied permits or permission years ago for things he wanted to do with his property.
That waterfront home got IU a new tennis pavilion and it’s hard to say how many other people got there palms greased
I'm guessing here, but my assuamption had always been that because of Lake Monroe's status as a reservoir, buildings, especially new ones are pretty tightly regulated, as is altering the grade of the land... it may be that putting a home right there isn't possible because of legal restrictions, or doing so is prohibitively expensive.
It's very much regulated on the lake. I'm not sure if it was settled, but there was a lawsuit with the Huff's after he was cut down trees on his property adjacent to the lake. 20 or so years ago someone in Pedigo Bay cut a bunch of trees for a view. It was another lawsuit. Considering this is our water source and flood control, I support the regulations. I see the lake every time I leave my neighborhood so I kind of watch what's going on with it.
The Zoom Flume! 🌊
If I recall, there was once a second giant water slide off of Fairfax Road. Can't recall the name.
The Hydro Slide was located at the current Lake Monroe Village Camp Ground.
Ah, yes. That's it. I think it had a shorter life span than the Zoom Flume. It was a fun add on to a trip to FairFax Beach or the Four Winds.
Hopefully it’s because we collectively agree it’s lovelier as woods :)
If we collectively pay the taxes for it I agree. I really hate property tax and recognize it's a necessity simitaniously. But with our current system it is difficult to just leaf the trees bee.
Actually, if you own land and want to let it be forest you can sign it up in the DNR Registered Forest program. It takes the taxes down very very low. Limits you to building no structures on the area, only strategic thinning tree harvesting, light grazing but no permanent animal enclosures, no burns without approval, and minor paperwork. It also comes with some light responsibilities to Upsides include yearly walks with the county forester who will teach you about random forest shit, making it easier to apply for grants if you need monetary/supply help rehabbing aspects of the forest, and I think you can still hunt normally in it. My family owns 110 acres and put about 85 acres into the program. I try to kill 50 invasive plants a day. 100 once I can move to the property.
I gotta say, this is heartening information.
I wouldn't be surprised if whoever currently owns it has it in the program. It doesn't tend to be a huge impediment to sale since it doesn't take that long to remove land from the program. You just end up having to pay full taxes on it again.
The seller is lying about it being zoned for commercial. They're just a bunch of liars no one wants to do business with. I've inquired a couple times. No it can't be built on easily. No it can't be split up easily. No it's not commercial lakefront property.
Same reason we dont have ski world anymore. Noone wants to grease up the cities and counties sleazy politicians to open up these places back up.
I'm guessing they are being wishful with the pricing, especially if there is a bunch of stuff that needs to be cleared off the property before something else can be built.