Sold

Tillable And Wooded Acreage Surrounded By Patoka NWR

Acreage

103.5 ±

County

Pike

SOLD

Address South County Road 775 East, LOT#WP001 Velpen, IN 47590

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Description

Check out this incredibly unique opportunity to own a property that is completely surrounded by National Wildlife Refuge! This property sits at the beginning of the Patoka River National Wildlife Refuge; “a mosaic of 10K+ acres of non-contiguous parcels containing one of the most significant bottomland hardwood forests remaining in the state.” This property is located at the end of a dead-end, county-maintained road and has direct access to the Patoka River and Dillin Bottoms Wetland. The NE corner of the property sits just below the confluence of the Patoka River and Cup Creek, which meanders through the property for nearly 1500’ and contributes to approx. 5.5 acre slough that is regularly full of resting waterfowl. In addition to the spectacular waterfowl potential, this property also enjoys a healthy population of wild turkey and whitetail deer, with several sightings of both with each visit. An approx. ½ ac farm pond on the property along with several public access pits within walking distance offers great fishing and summertime recreational opportunities. The investment potential of this property is undeniable. 58+/- acres of quality tillable ag land could continue to be cash rented or would most certainly be a candidate for enrolling in a conservation program. The southern end of the property sits within the Pikeville Oil Field and has a history of production with no active leases or wells at this time. There are also known coal reserves on the property as shown in the borehole data available. Further, although this property will most likely not see development anytime soon, it will soon have fiber optic internet installed along its 5000’ of county road frontage. The buyer will also have the option of obtaining a first right contingency on the seller's 3+/- acre homeplace. Whether you’re looking for an uber-safe inflation-resistant investment, an expansive and secluded country home build site with no potential for neighbors, or a one-of-a-kind outdoor recreational property that will surely produce, this property has you covered. Contact one of the Listing Agents today for a private showing.

Details

  • Adjacent to National Wildlife Refuge
  • 58+/- acres tillable
  • 40+/- acre woods
  • 5.5+/- acre slough
  • ½ acre farm pond
  • History of oil production
  • Known Coal Reserves
  • 5000’+ of county road frontage
  • Public boat launch nearby
  • Incredibly dense wildlife populations

Summary

Land Type

Hunting and Recreational, Waterfowl, Timberland

Land Details

Timber, Tillable

Road Surface

Gravel

Property Type

Recreational Land, Timberland, Hunting Land

Road Frontage

County Road

Improvements/Features

Small Game, Big Game, Upland Game, Predators, Waterfowl, Fish, Creek/Spring, Slough, Seller's Mineral Rights Convey

Land and Farm Property Types

Land - Hunting, Land - Recreational, Timberland - Natural

Other Property Details

Additional Addresses

  • South County Road 775 East, LOT#WP001, Velpen, IN, 47590
  • South County Road 775 East, LOT#WP001, Velpen, IN, 47590
Utilities
  • electric: nearby
  • internet: nearby
  • cable: nearby
  • telephone: nearby
Coordinates

38.3264, -87.1281

Annual Taxes

$0

Sold Property

For more information or to see additional properties currently for sale see Zach Holt's listings.

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