Sold
Productive Tillable Tract With Home For Sale Near Lebanon
Acreage
39.83 ±
County
Boone
SOLD
Address 2164 E State Road 32 Lebanon, IN 46052
View on Google MapsDescription
Listed for sale is nearly 40 acres of quality farmland located on the east side of Lebanon on State Road 32. This farm is made up of productive soils consisting of silt loam & silty clay loam with an average NCCPI (National Commodity Crop Productivity Index) of 73.03. Currently, this farm is in a corn & soybean crop rotation, and there is a tenant in place who manages the farming operations on a year-by-year basis. This cash rent lease arrangement provides the new owner with an opportunity for yearly income and to continue the current agreement. In addition to the farmland, the property includes a 3,724 sq. ft. one-and-a-half-story home. This home features 3 bedrooms, 2.5 bathrooms, an attached two-car garage, a bonus room, and a loft area that currently acts as an office space, a fenced back yard and a large front porch. The ample amount of space that his home offers, inside and out, provides a comfortable living environment. While the house could benefit from some updates and renovations, it has the potential to become a beautiful and spacious modern farmhouse with an upgraded interior. With some investment and improvements, the house could be transformed into a desirable living space! This home is being sold as is! This property offers great road frontage as it sits right on State Road 32. State Road 32 provides access to major travel routes making your commute to work that much easier! This farm is located just a few miles from Lebanon which offers plenty of amenities such as restaurants, shopping, and entertainment. Overall, this property offers the opportunity to own a sizeable piece of quality farmland with productive soils, along with a house that has the potential to be renovated into a charming and spacious modern farmhouse. For more details and a private showing, contact Land Specialist Andrew Malott for more details!
Details
- 37.75 Acres Tillable
- Silt Loam & Silty Clay Loam Soils
- NCCPI (National Commodity Crop Productivity Index) of 73.03
- Investment Property
- Yearly Cash Rent Income
- 3,724 sq. ft. one and a half story home featuring 3 bedrooms & 2.5 bathrooms
- Attached Two-Car Garage
- Fenced Back Yard
- State Road 32 Road Frontage
Area Links
Summary
Roads
Road Frontage
Fencing
Low Fence
Land Type
Hunting and Recreational, Waterfowl, Home on Acreage
Waterfowl
Duck, Geese
Wild Game
Upland Game, Small Game, Big Game, Other Game
Land Details
Tillable, Grass
Road Surface
Blacktop/Asphalt
Type of Home
Residential, Country Home
Property Type
Farms, Recreational Land, Residential Land, Undeveloped Land
Road Frontage
State Highway
Nearby Features
Public Hunting, Camping/Campground, Airport, Golf Course
Improvements/Features
Small Game, Big Game, Upland Game, Predators, Waterfowl, Seller's Mineral Rights Convey
Activities on Property
Hunting, Hiking, ATV Riding, Camping, Biking, Horseback Riding, Family Activities, Snowmobiling
Tillable/Production Areas
Tillable, Wheat, Corn, Soybeans
Land and Farm Property Types
Agriculture - Agribusiness, Land - Recreational, Land - Residential
Other Property Details
Utilities
- electric: onsite
- gas: none
- propane: onsite
- sewer: onsite
- internet: onsite
- cable: nearby
- telephone: none
- solar: none
- generator: none
- water: onsite
Coordinates
40.0423, -86.4303
Annual Taxes
$4,327
Sold Property
For more information or to see additional properties currently for sale see Andrew Malott's listings.