$339,900
Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner’s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.
https://maps.app.goo.gl/A4YNNKm25414VKCb7
MLS # | 202438614 |
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Date Listed | 2024-10-04 |
Status | Active |
Property Type | Lots and Land |
Property SubType | Agricultural Land |
Type | Agricultural Land |
Annual Taxes | $446.00 |
Year Taxes Payable | 2024 |
Virtual Tour | propertypanorama.com » |
Days on Market | 48 |
Construction | Agricultural Land |
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Lot Size | 1,742,400 sq ft |
Acreage | 40.00 Acres |
Lot Dimensions | 1315' x 1325' |
Fence | None |
Area | Pike County |
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County | Pike |
Subdivision | None |
Township | Monroe |
City | Petersburg |
State | IN |
Zip | 47567 |
School District | Pike County School Corp. |
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Elementary | Petersburg |
Middle School | Pike Central |
High School | Pike Central |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202438614
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Zach Holt
Whitetail Properties Real Estate
Cell: 812-887-2954
Listing updated November 7, 2024 at 5:15 pm
Last checked 4 minutes ago