SR 61, Petersburg, IN 47567 - Myers Trust

SR 61, Petersburg, IN 47567

Overview

MLS ID: #202438614
Price: $ 339,900
Lot Size: 40.00 Acres
Zoning:
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Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner’s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm’s soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.

MLS ID: 202438614

Details

Planned Unit Dev No
Auction No
Lot Dimensions 1315' x 1325'
Approx Lot Size SqFt 1,742,400
Approx Lot Size Acres 40
Leased Acres No
Dividable Yes
Rail Siding No
Curb No
Road Access State
Road Surface Paved
Road Frontage State
Easements No
Platted Development Yes
Elementary School Petersburg
Middle School Pike Central
Senior Pike Central
District Pike County School Corp.
Water Front No
Parcel Description Corner, Undeveloped, Tillable, 15+, Cable Available
Fuel Type None
Annual Taxes $446.00
Water Utility Available
Sewer Utility Available

Map

Listing Office: Whitetail Properties Real Estate

Listing Agent: Zach Holt

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.