Land for Sale
Farm Real Estate
41+/- Acres Productive Farmground: Henry County, Indiana
Henry County, Indiana
$585,500 - Sold
Auction Results:
41 +/- Acres
Listing #: NG233341
Productive Farmground & Excellent Farmland Investment
Property Details
Uncover a compelling investment opportunity on this 41+/- acre multi-parcel canvas in Henry County, Indiana—a fertile expanse with an impressive WAPI score of 167.7, ensuring a robust agricultural output. 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.
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Disclaimer: All information provided by Geswein Farm & Land Realty, LLC or their sales representatives, brokers, managers, and advisors in connection with this property was acquired from sources deemed reliable and is believed to be accurate and reliable, however, we do not warrant its accuracy or completeness and it is subject to change without notice.
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41+/- Acres Productive Farmground: Henry County, Indiana
Address | 0 S COUNTY ROAD 600 W, New Castle, Indiana 47362 |
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Sale Price | $585,500 |
Cap Rate | N/A |
Property Type | Farm Real Estate |
Property Subtype | Recreational Property |
Market | Southeast |
Sub Market | N/A |
Year Built | N/A |
Land Size (Acres) | N/A |
Building Size (SF) | N/A |
Lease Rate | N/A |
# of units | N/A |