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Sr 61

Petersburg, IN 47567
  • $339,900
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 202438614
UPDATED: 108 min ago
$339,900
  • 0
    BEDS
  • 40
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Zach Holt of Whitetail Properties Real Estate: Cell: 812-887-2954.

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 owners 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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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2024-12-11T00:29:02.977.

www.parkerteamhomes.com/homes/156347861
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Sr 61 Petersburg, IN 47567

  • Price: $339,900
  • Status: Active
  • On Site: 67 Days
  • Updated: 108 min ago
  • MLS #: 202438614
0
Beds
0
Baths
0
½ Baths
40
Acres
Neighborhood:
None
County:
Pike
Area:
Pike
Elementary School:
Petersburg
Middle School:
Pike Central
High School:
Pike Central
School District:
Pike County School Corp.
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 owners 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.
Exterior Features

Curb YN No Lot Dimensions 1315' x 1325' Parcel Description CornerUndevelopedTillable15+Cable Available Road Access State Road Frontage State Road Surface Paved Structure Building Improvements No Waterfront YN No

Property Features

Annual Taxes 446 Assoc Dues Frequency Not Applicable Auction YN No Can Be Divided Yes Documents Available Sellers DisclosureSoil MapOther Easements No Electricity Type Available For Sale Or Rent For Sale Fuel Type None Leased Acres YN No Owner Real Estate License YN No Planned Unit Dev YN No Platted Development No Platted YN Yes Property Sub Type Agricultural Land Rail Siding YN No Reo YN No Sewer Available Township Monroe Type Or Use AgricultureResidential Water Utility Available Year Taxes Payable 2024

Listing provided by Zach Holt of Whitetail Properties Real Estate: Cell: 812-887-2954.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2024-12-11T00:29:02.977.

 
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Parker Team | Keller Williams Realty
3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Zach Holt of Whitetail Properties Real Estate: Cell: 812-887-2954.