400 East, Knox, IN 46534 - Myers Trust

400 East, Knox, IN 46534

Overview

MLS ID: #202431446
Price: $ 495,000
Lot Size: 50.00 Acres
Zoning:
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Listed for sale is a 50 acre split off a larger 150 acre parcel. This property is part of a farm owned by the same family for a long time. As much as the owners may hate to sell it, the demand for mixed use land in this area has created a very favorable time to sell. Additionally the positive economic impact of development, land investments and energy considerations have created a an equally favorable opportunity to buy. Located in the heart of some new residential, commercial and solar development, this property offers many opportunities for the new owner. The nearby Bass Lake as also transitioned to a very popular sought out destination for fishing, water sports, recreation and even buyers of some really nice lake front homes which increases the potential uses for land in this area. The property consists of approximately 37 acres of income producing farm ground, being cash rented. The balance of the land is mostly tree lined on the two sides which have over 3600 feet of combined road frontage. Several smaller forested pockets and areas of more natural elements, vegetation and thickets create a unique and interesting property layout that retains much natural beauty, privacy and seclusion. The southwest corner of the property also touches the 11 mile Erie Trail, a recreational Bike and Walking trail. There are also plans for expand the trail by an additional 5 plus miles. As you can start to see, with this properties location, amble road access as well as many other features and benefits, future use as farmland, hunting, residential/commercial building or land use generating a much higher income stream are all distinct possibilities. Call today to find out what opportunities may exist for you before its gone!

MLS ID: 202431446

Details

Planned Unit Dev No
Auction No
Zoning Description Other Agricurtural use
Lot Number 0
Lot Dimensions 2600 X 1100
Approx Lot Size SqFt 2,178,000
Approx Lot Size Acres 50
# Timber Acres 11
# Pasture Acres 0
# Tillable Acres 37
# Wooded Acres 11
Wetlands 2
Leased Acres Yes
Dividable Yes
Rail Siding No
Curb No
Road Access County
Road Surface Gravel
Road Frontage County
Easements No
Crops Yes
Platted Development Yes
Elementary School Knox
Middle School Knox
Senior Knox
District Knox Community School Corp.
Water Front No
Parcel Description Corner, Irregular, Level, Partially Wooded, Wetlands, Undeveloped, Tillable, 15+
Fuel Type None
Proposed Financing Cash, Conventional, USDA
Side of Road East, North
Location Rural, Near Airport, Near Walking Trail
Annual Taxes $1,500.00
Assessed Value $267,700.00
Gross Monthly Rent $462.00
Water Utility Private, Well, Well Needed
Sewer Utility Septic, Available

Map

Listing Office: Whitetail Properties Real Estate

Listing Agent: Robert Styka

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.