Discover the perfect blend of agricultural opportunity and country living with this expansive 46.61 +/- acre property, strategically situated on the edge of Kokomo, conveniently located between Indianapolis and South Bend. This remarkable property offers a range of features designed for both practical use and income potential.
Property Highlights:
• Generous Acreage: With 46.61 +/- acres in total, including 30 +/- acres of productive cropland, this property provides ample space for farming, grazing, or expanding your agricultural ventures. The land is well-maintained and offers a 2.9% return on investment, making it a smart choice for those seeking a profitable agricultural enterprise.
• Two Homes: The property features two residences, ideal for multi-generational living, rental opportunities, or hosting guests. The homes are currently income producing rental homes.
• Barns and Outbuildings: The property includes three spacious barns, providing versatile storage and workspace for equipment, livestock, or additional farming operations. These structures are well-suited for a variety of agricultural needs and add significant value to the property. Other notable features include a pond and 5′ perimeter fence once used to contain exotic and specialty livestock.
• Prime Road Frontage: Enjoy 2770 feet of paved road frontage, ensuring easy access and excellent visibility. This feature enhances the property’s usability, making it convenient for transporting goods or accessing nearby amenities.
• Strategic Location: Situated on the edge of Kokomo, conveniently positioned between Indianapolis and South Bend, offering easy access to urban amenities while maintaining a peaceful rural setting.
• Investment Potential: The combination of productive cropland, rental income opportunities from the two homes, and a solid return on investment makes this property a compelling choice for investors and agricultural enthusiasts alike.
Experience the best of both worlds with this versatile property, offering substantial agricultural potential and the convenience of a well-connected location. Whether you’re looking to expand your farming operations, seek rental income, or enjoy a spacious rural retreat, this property is a rare find that promises both immediate and long-term benefits.