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$ 174,900
Est. payment /mo
Price Dropped by $5K
E State Rd 64 Road Velpen, IN 47590
19.64 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Agricultural Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202500250
Annual Tax Amount $954
Tax Year 2024
Lot Size 19.641 Acres
Property Sub-Type Agricultural Land
Property Description
Discover this exceptional agricultural property offering 775'+ of state road frontage along SR-64, just 2 miles west of the Dubois County line. This well-maintained farm features productive Belknap and Steff silt loam soils with an above-average NCCPI of 68, making it a reliable choice for agricultural success. The property encompasses approximately 15+/- acres within the FEMA floodplain along Cup Creek, ideal for farming but less suitable for development. However, the eastern 4+/- acres provide an excellent build site with ample space for outbuildings, offering the perfect blend of investment and homestead potential. With open tenancy for the 2025 crop year, this property is ready for your plans. If desired, we can assist in connecting you with a reliable tenant farmer, ensuring this land remains a low-maintenance, long-term investment with strong prospects for future returns. Seize this opportunity to own a well-positioned property with productive soils, development potential, and a prime location along SR-64.
Location
State IN
County Pike County
Area Pike County
Direction https://maps.app.goo.gl/vGPKtFofRZMbAy6a8
Building
New Construction No
Schools
Elementary Schools Winslow
Middle Schools Pike Central
High Schools Pike Central
School District Pike County School Corp.
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202500250
IDX information provided by the Indiana Regional MLS
Listed by Zach Holt • Whitetail Properties Real Estate • Cell: 812-887-2954