IN > Petersburg
Petersburg, IN 47567,SR 61
Petersburg, IN 47567,SR 61
Petersburg, IN 47567,SR 61
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$319,900
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40 Acres Lot
Price Dropped by $20K

SR 61 Petersburg, IN 47567

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Timothy Vicsik

Timothy Vicsik

+1(574) 329-9587

UPDATED:

01/01/2025 08:37 PM

Key Details

Property Type Vacant Land

Sub Type Agricultural Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202438614

Annual Tax Amount $446

Tax Year 2024

Lot Size 40.000 Acres

Property Description

Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner's rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.

Location

State IN

County Pike County

Area Pike County

Direction https://maps.app.goo.gl/A4YNNKm25414VKCb7

Building

New Construction No

Schools

Elementary Schools Petersburg

Middle Schools Pike Central

High Schools Pike Central

School District Pike County School Corp.

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Zach Holt • Whitetail Properties Real Estate • Cell: 812-887-2954

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agent

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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