12
See all 12 photos
$149,900
Est. payment /mo
14.8 Acres Lot
Pending
off N US 150 Oaktown, IN 47561
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UPDATED:
12/07/2024 01:13 AM
Key Details
Property Type Vacant Land
Sub Type Agricultural Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 202439162
Annual Tax Amount $400
Tax Year 2024
Lot Size 14.800 Acres
Property Description
Located in the heart of Southern Indiana’s renowned produce country, this 14.8-acre surveyed property offers a fantastic opportunity for farming and development. Surrounded by multiple packing sheds and produce wholesalers, the local economy thrives on agriculture, making this property a strategic investment. Traditionally rotated with beans and corn, these fertile fields can cash rent to area-produce farmers at 3-4x the typical row-crop rates, making them an attractive investment hold. With an impressive 1,200 feet of frontage along Old US Hwy 41, the property provides excellent access and versatility. Whether you're looking to build a home-business combination, develop multiple homes, or hold the land as an investment, this parcel offers flexibility. Electrical service runs along the western boundary, and well water is commonly used in the area. A creek highlights the southern boundary, and approximately 3 acres of woods wrap around the SW corner, offering the perfect setting for deer hunting and outdoor recreation. The stunning, wide-open views to the north create a picturesque backdrop for whatever future plans you envision. Seize this rare opportunity to own a prime piece of tillable in a thriving agricultural hub!
Location
State IN
County Knox County
Area Knox County
Direction https://maps.app.goo.gl/tTaByCeMFyu7aqqF6
Building
New Construction No
Schools
Elementary Schools North Knox
Middle Schools North Knox
High Schools North Knox
School District North Knox S.D.
IDX information provided by the Indiana Regional MLS
Listed by Zach Holt • Whitetail Properties Real Estate • Cell: 812-887-2954
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