$345,000
$354,900
2.8%For more information regarding the value of a property, please contact us for a free consultation.
72.43 Acres Lot
SOLD DATE : 04/26/2021
Key Details
Sold Price $345,000
Property Type Vacant Land
Sub Type Agricultural Land
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 202102756
Sold Date 04/26/21
Annual Tax Amount $1,200
Tax Year 2019
Lot Size 72.426 Acres
Property Sub-Type Agricultural Land
Property Description
Check out this rare opportunity to own a quality income producing farm in the heart of the Ohio River Bottoms of south eastern Spencer County. Predominately consisting of Sciotoville silt loam and Weinbach silt loam soils, this farm offers great productivity with a WAPI of 126.5 and has been well maintained by the tenant farmer for years. Access via Old State Rd 66 and W CR 100N makes farming with larger equipment a breeze. Grain elevators are located close by with ADM Newburgh at 9 miles west of farm location and ADM Rockport at 15 miles east of farm location. Current tenant is under a year to year verbal agreement at cash rental rate of $170/ac.
Location
State IN
Area Spencer County
Direction FROM EVANSVILLE Follow Ohio River Scenic Byway and I-69 to IN-662 E in Ohio Township. Take exit 5 from I-69 Follow Ohio River Scenic Byway to IN-66 E Turn right onto IN-66 E Take Lerch Rd to CR 100 N
Building
New Construction No
Schools
Elementary Schools Luce
Middle Schools South Spencer
High Schools South Spencer
School District South Spencer County School Corp.
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IDX information provided by the Indiana Regional MLS
Bought with Tim Mason • RE/MAX REVOLUTION
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Broker-Owner | Lic# RB14027336