41+/- Acres Productive Farmground: Henry County, Indiana
Property Facts
- Listing Number
- NG233341
- Property Type
- Farm Real Estate
- Subtype
- Recreational Property
- Location
- New Castle, Indiana, Henry
- Acres
- 41
- Units
- 0
- Price
- 585500
- Market
- Southeast
- Broker
- Nick George
- Status
- Closed – Won
Deal Description
Property Description Comments
Property Details
Situated just a brief 15-minute drive from New Castle, this property offers a strategic location that balances rural tranquility with urban connectivity, being only 10 minutes away from I-70 highway and a mere 45-minute drive from Indianapolis, Indiana.
This multi-generational farm secures an annual income of $7,400 with a substantial cash rent of $185 per acre paid in halves, however with the change in ownership allows the “farming rights” of the property eligible for a new tenant lease agreement. With road frontage on two roads (350 S & 600 W) and utilities readily available, this property not only signifies a rich tradition but also presents a forward-thinking approach, making it an enticing prospect for investors seeking both heritage and income potential. Seize this opportunity for a harmonious blend of investment and agricultural promise in the fertile grounds of Henry County.
Land Features
- 41+/- acres in Henry County, Indiana
- 39 +/- Tillable Crop Acres
- Surety WAPI 167.7!
- Great investment opportunity
Values and Attributes
- Recent Broker Price Opinion (BPO) for market value insights
- Convenient location with a 15-minute drive from New Castle
Legal Description and Taxes
Henry County
Greensboro Township
Parcel Number 33-11-34-000-104.000-009, 33-11-34-000-105.000-009
Legal Description PT SW1/4 NW1/4 34-17-9 36.085A, PT SW1/4 NW1/4 34-17-9 5A
Taxes $1,380 2022
Directions
Broker Contact
Broker | Email: nick.george@gfarmland.com | Mobile: +1 3178401764
