Lawrence County
Farm/Investment Property With Annual Income In South Central IN
1849 East Powerline Road, Lot#WP001 Norman, IN 47264
Description
This property has approx. 65 tillable acres of good Silt Loam Soils which can provide good cash rent. The crop fields are divided between upper ridge top fields and lower creek bottom fields for a good mix of terrain and soil types. The wooded acreage is enrolled in the Indiana Classified Forest and Wildlands Program which provides a great reduction in property taxes. The 2 bedroom, 1 ½ bath home on the property is currently being rented providing a great additional income source. The brushy/wooded valleys and corridors are perfect bedding cover for deer and nesting cover for turkeys. Back Creek runs through the property for no shortage of water for wildlife and is a great place for kids to play on hot summer days. The icing on the cake is that this area of the county is known for trophy whitetail. This property could be your perfect income-producing investment as well as your own personal honey hole for harvesting trophy whitetails. Call today to schedule a personal showing.
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Details
- Approx. 40 minutes southeast of Bloomington
- Approx. 90 minutes south of Indianapolis
- Approx. 90 minutes north of Louisville
- Less than 30 minutes east of Bedford
- Good investment property with 2 sources of annual income
- Country home on the property that can be used as rental income or hunting cabin
- Back Creek runs through the property
- Classified Forest for reduced property taxes
- Area known for trophy whitetail