SR 61 Petersburg, IN 47567

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Agricultural Land

$339,900

SR 61

40.00 Acres
Property Description

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.

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Map to SR 61, Petersburg, IN 47567

Property
MLS # 202438614
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
External Features
Construction Agricultural Land
Lot Size 1,742,400 sq ft
Acreage 40.00 Acres
Lot Dimensions 1315' x 1325'
Fence None
Location
Area Pike County
County Pike
Subdivision None
Township Monroe
City Petersburg
State IN
Zip 47567
Schools
School District Pike County School Corp.
Elementary Petersburg
Middle School Pike Central
High School Pike Central
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202438614
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

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.

Learn More About SR 61

Presented By
Brandi Osborne
Brandi Osborne
(260) 278-7942
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Brandi Osborne about your request. Please see our Privacy Policy.