For sale $84,900 · 10.16± Acres

Pike County

Productive Tillable Acreage With Development Potential Near Petersburg, IN

10.162+/- Ac off CO RD 650 N PETERSBURG, IN 47567

Description

Nestled in the quiet countryside northeast of Petersburg in the Alford area, this 10± acre property offers the perfect blend of productive farmland, development potential, and rural charm. Conveniently situated just minutes from SR-57 and I-69, and easily accessed via E County Road 650 N, this parcel is both private and highly accessible. Approximately 7.22± FSA-certified acres are tillable and primarily comprised of quality Hosmer Silt Loam soils, making this an excellent long-term agricultural investment. For those considering development, the property features gently rolling topography, is situated above the floodplain, and has access to electric, water, and internet utilities — ideal for a small country estate and perfect for hobby farming. Developers will appreciate that this tract could be divided into 4–6 smaller parcels, making it a great fit for investors or builders seeking to develop spec homes in a peaceful, rural setting. Agent Remarks: This property is located within the Texas Gas Alford Storage Field and currently receives a small annual gas storage payment. Historical data indicate the possibility of a free gas hook-up, though further verification would be required. Farm Subject to 2025 tenant rights. Possession of farm will be after 2025 harvest. Open Tenancy for 2026.


Summary

Address

10.162+/- Ac off CO RD 650 N

PETERSBURG, IN 47567

Pike County

Get Directions

Approximate Distances

4 Petersburg
12 Washington
22 Jasper
26 Loogootee

Property

Property Type
Farms, Residential Land
Road Frontage
County Road
Road Surface
Pavement

Land Details

Tillable

Utilities

electric
Nearby
water
Nearby
internet
Nearby

Improvements/Features

Seller's Mineral Rights Convey


Details

  • 10± acres with 7.22± FSA tillable acres of productive Hosmer Silt Loam
  • Convenient location near SR-57 & I-69, northeast of Petersburg in the Alford area
  • Gently rolling topography above the floodplain with electric, water & internet available
  • Ideal for homesites, hobby farms, or split into 4–6 smaller tracts for development
  • Located within Texas Gas Alford Storage Field with annual storage income and possible gas hookup

Other

Coordinates

38.516, -87.2209

Annual Taxes

$182

Zach Holt

Kris Christianson

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