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Trueblood Real Estate

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0 State Road 3 Road Milroy, IN 46156

182 Acres Lot

UPDATED:

02/10/2025 09:21 PM

Key Details

Property Type Single Family Home, Mobile Home

Sub Type Outbuildings Only

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202504201

Year Built 2000

Annual Tax Amount $2,832

Tax Year 2024

Lot Size 182.000 Acres

Property Sub-Type Outbuildings Only

Property Description

This property offers very productive tillable acreage with income, tremendous whitetail hunting (a recent harvest was a buck over 200" gross score), over 3,000 feet of river frontage, and great timber investment! The approximate breakdown of acreage is +/- 130 FSA tillable acres and +/- 51 wooded/extra acres. The farm sets up with +/- 2/3 of the tillable portion on the top and +/- 1/3 tillable in the bottom and wooded fingers with ridges and ravines mixed in between. The average NCCPI score is 74.59 and WAPI for corn is 137.92 and WAPI for soybeans is 48.27. The owner receives close to $30,000 per year in income from the tillable portion with tenancy open for the 2026 growing season. The wooded portion of the property offers a future investment opportunity. Out of the +/- 51 of wooded/extra acreage, approximately +/- 31 acres consists of dense black walnuts ranging in age and size. There are other mature hardwoods mixed in but the black walnut are the shining star. The understory is very diverse and provides cover for wildlife but is not full of invasive species like a lot of woodlots in Eastern Indiana. With some good timber management, this section could pay high dividends later on down the road. The ridges and ravines create perfect travel corridors for whitetail and great hunting opportunities. The current owners have harvested some great bucks over the years including one over 200"! Genetics play a crucial role in opportunities for trophy class deer and this property has them! There are 2 gas wells on the property. The southeastern border of the property is +/- 3,000' of Little Flat Rock River. There are potential new opportunities coming soon from the Rush County NRCS that could pay you as an owner to create wildlife habitat and earn income on the bottom land acreage that is close to or even above the current rent values. Contact the the land specialist to hear these details or to inquiry further about this opportunity.

Location

State IN

County Rush County

Area Rush County

Direction for GPS use 9183 State Road 3, Milroy, IN, 46156. When turning west off of 3 take the gravel lane until it dead ends through a home and barns to a gate.

Exterior

Waterfront Description River

Building

Lot Description Irregular, Partially Wooded, Rolling, 15+, Pasture, Water View, Wooded

Sewer None

Water Well Needed

New Construction No

Schools

Elementary Schools Milroy

Middle Schools Benjamin Rush

High Schools Rushville

School District Rush County Schools

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202504201

IDX information provided by the Indiana Regional MLS

Listed by Tyler Fritz • Whitetail Properties Real Estate • cell: 219-242-2701

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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Indianapolis, IN

Trueblood Real Estate

0 State Road 3 Road Milroy, IN 46156

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0 State Road 3 Road

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