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$183,750   Price Analysis
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W/S of Highway 135
Salem, IN 47167
Unknown bed 0 bath unknown SqFt ($0/SqFt)
21.3 acre lot.
Listed 2024-02-02
USDA Eligible
near Salem, IN
 

Welcome to an exceptional opportunity in the heart of Washington County

* Sale Pending *

Indiana - a 21.34-acre property boasting a prime, income-producing tillable tract. This parcel, comprised entirely of good tillable land, is a testament to agricultural potential. The property, strategically located, not serves as a lucrative investment b ut also holds promising options for development. With the entirety of the acreage designated as income-producing, the tillable nature of the land ensures a solid return on investment. Currently under an open farm contract for 2024, this property provides flexibility for various potential uses. Whether you're considering building on this fertile soil or opting for a rental strategy, the options are as expansive as the landscape itself. Adding to its appeal, the property holds the potential for subdivision into multiple building lots, opening up avenues for residential or commercial development.

The strategic positioning and versatile zoning make this property an ideal canvas for those with a vision for growth and expansion. Delving into the agricultural specifics, the Natural Resources Conservation Service's SSURGO database reveals a National Commodity Crop Productivity Index (NCCPI) of 73.8, indicating the land's high productivity. The predominant soil codes, CoC2 Crider Silt Loam (6 to 12 percent slopes eroded) and CoB Crider Silt Loam (2 to 6 percent slopes), further affirm the property's suitability for various crops and agricultural endeavors. This invaluable data, sourced from the U.S. NRCS, provdes a comprehensive understanding of the property's soil composition and agricultural potential. Whether you're an investor, developer or farmer, this prime Washington County property presents a rare opportunity to capitalize on the region's fertile soil and strategic location. Don't miss the chance to make this versatile and income-producing acreage a cornerstone of your investment or development portfolio. DOES NOT INCLUDE CELL TOWER


Presented by Robert Haubry at
GesWein Farm & Land Realty.


Property MLS #11241175 from MyStateMLS

Lot Size Acres: 21.3
Lot Size Square Feet: 927828

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 604
Source Listing Status: Contract
County: 18175
Directions: From Seymour, Begin by heading west on W 2nd St/Second St toward N Chestnut St, covering a distance of 0.2 miles. Turn left onto N Poplar St, and continue for 0.1 miles. Then, make a right onto US-50 W/Indiana's Historic Pathways - North Spur, and follow it for 10.1 miles, passing by McDonald's on the left. Next, turn right onto W Commerce St/Indiana's Historic Pathways - North Spur, and continue for 0.8 miles, passing by Dairy Queen Grill & Chill on the right. Finally, make a left turn onto IN-135 S and continue for 13.5 miles. The route description concludes with a turn right, but the specific details beyond that point are not provided. Always be attentive to road signs and directions for a smooth navigation experience.
Tax Year: 2022
Source Property Type: Farm/Estate
Source System Name: C2C

Price Changed 2024-04-18
$183,750
MyStateMLS
Listed 2024-02-02
$199,999
MyStateMLS

Bradie M Shrum Lower Elementary is a public elementary school located approximately 6.7 miles away.
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Salem Middle School is a public middle school located approximately 6.9 miles away.
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Salem High School is a public high school located approximately 7.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.