For sale

Desirable Tillable Acreage Near US Highway 50 - Tract 3 of 5

Acreage

72 ±

County

Jennings

Price Reduced

$756,000

Description

This is Tract 3 of 5 proposed tracts from a parent parcel of 263.422 acres. Tract 3 is proposed to be approximately 72 acres +- with approx. 800 ft. of County Road 400 N road frontage. This versatile property offers an extensive range of possibilities, including agricultural, commercial, residential, and recreational uses. This tract is nearly all tillable with no floodplain. Utilities, including water, electricity, and fiber optic internet, are available at the road. The area is known for great deer hunting, but this tract, in particular, often has ducks and geese feeding in the fields, especially after harvest. The soils are mostly a mix of Cobbsfork silt loam, Avonburg silt loam, Holton silt loam, and Nabb silt loam. Located in Butlerville, a small town between North Vernon and Versailles, the property is within an hour's drive of cities like Columbus, Seymour, Greensburg, Madison, Scottsburg, and Vevay. It is surrounded by numerous parks and wildlife areas, including the 50,000-acre Big Oaks National Wildlife Refuge. Directly north and less than 1 mile away is Brush Creek Reservoir, where visitors can fish or hike. To the east lies Versailles State Park, while to the west is Crosley FWA, Selmier State Forest, and Muscatatuck National Wildlife Refuge. A new ALTA survey was completed in 2024 which could be very useful for future developers and investors. There are no leases for the 2025 crops. The seller is flexible and welcomes creative offers. Local comps on tillable acreage range up to $19k/ ac.

Summary

Property SummaryProperty

Road Surface

Blacktop/Asphalt

Property Type

Farms, Recreational Land, Residential Land, Undeveloped Land, Commercial Land, Hunting Land

Road Frontage

County Road

Property Summary Approximate Distances

7 mi North Vernon
14 mi Versailles
64 mi Cincinatti, OH
73 mi Indianapolis
81 mi Louisville, KY

Land DetailsUtilities

electric: nearby

internet: nearby

water: nearby

Address 6180 E County Road 325 N Butlerville, IN 47223

View on Google Maps

Details

  • 800 ft. +- of road frontage
  • Water, electric, fiber optic available
  • Great tillable income and high quality soils
  • New ALTA survey in 2024
  • Less than 1 hour from Greensburg, Versailles, Vevay, Madison, Seymour, Scottsburg, and Columbus

Other

Coordinates

39.04, -85.49

Annual Taxes

$2,000

Listing Agent

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