Land for Sale
Farm Real Estate
46.61 +/- Acres Rural Estate: Homes, Barns, & Pond
Tipton County, Indiana
$950,000 - Sold
Auction Results:
46.61 +/- Acres
Listing #: CS248046
Versatile Property with Prime Location and Income Potential from Farmland and Homes
Property Details
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.
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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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46.61 +/- Acres Rural Estate: Homes, Barns, & Pond
Address | 6769 N St Rd 931, Sharpsville, Indiana 46068 |
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Sale Price | $950,000 |
Cap Rate | N/A |
Property Type | Farm Real Estate |
Property Subtype | Residential Property |
Market | North |
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 |