400 East, Knox, IN 46534
Overview
MLS ID: | #202431446 |
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Price: | $ 495,000 |
Lot Size: | 50.00 Acres |
Zoning: |
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 |
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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 |
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# Pasture Acres | 0 |
# Tillable Acres | 37 |
# Wooded Acres | 11 |
Wetlands | 2 |
Leased Acres | Yes |
Dividable | Yes |
Rail Siding | No |
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Curb | No |
Road Access | County |
Road Surface | Gravel |
Road Frontage | County |
Easements | No |
Crops | Yes |
Platted Development | Yes |
Elementary School | Knox |
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Middle School | Knox |
Senior | Knox |
District | Knox Community School Corp. |
Water Front | No |
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Parcel Description | Corner, Irregular, Level, Partially Wooded, Wetlands, Undeveloped, Tillable, 15+ |
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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 |
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Sewer Utility | Septic, Available |
Map
Listing Office: Whitetail Properties Real Estate
Listing Agent: Robert Styka
Disclaimer: