Pike State Forest was placed under the management of Ferdinand State Forest in July 1997. The PikeState Forest consists of 2,939 acres in southwestern Indiana. Acquisition of the land that makes up PikeState Forest began in the 1930s, and continued through the 1950s. Most of the buildings on the propertywere constructed by the Works Progress Administration (WPA) using material cut from local timberstands.

Land acquisition for Pike State Forest began in 1924, with the objective of returning abused hill farms and fire-damaged timber lands to productive forests. Most of the reforestation work was completed in the 1930s by the Civilian Conservation Corps and the Division of Forestry. Pike State Forest now covers 12,084 acres in western Pike County and eastern Highland County. State ownership is broken up into 13 separate, irregular tracts, which make it difficult to manage for continuous recreational facilities, as well as the management and patrol of the forest resource.

The forest offers a wide range of outdoor recreational opportunities. Located off of State Route 124 is the Pike State Forest APV area. The facility has 10 miles of trail open to motorcycles and off road all-terrain vehicles. The trails wind through the hollows and ridge tops, offering the visitor a challenging ride as well as some beautiful scenery and breathtaking views. Parking, latrines, and a novice area are all provided on the site. Note: The AVP area is open from April 1 through November 30.

For the equestrian there are 33 miles of bridle trail located on the forest.

Hiking is available on the Buckeye Trail which runs through the forest. Hiking is also permitted on the 33 miles of bridle trails.

For those who want to stay on the beaten path, there are numerous county and township roads that pass through the forest.

Pike State Forest is open to public hunting and fishing in season. Fishing is available at several ponds located in the forest. Anderson Lake off of Dry Bone Road is a popular spot that offers quiet seclusion among the hills and trees.

Primitive camping is available for a fee. Campsites are available on a first come, first serve basis. Self-registration is required. Pit toilets and seasonal drinking water are available. There is a picnic table and grill located on each site. Eleven sites are available in the family camping area and 25 sites are located in the Horseman's Campground.