1049404688973239
SR 61 Petersburg, IN 47567
Listing Courtesy of: INDIANA REGIONAL MLS, INC / Whitetail Properties Real Estate / Zach Holt - Contact:  Cell: 812-887-2954

  SR 61 Petersburg, IN 47567

Active (78 Days)
$339,900
40
ACRES
See Similar Listings

Description

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 owners 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 #:
202438614
Lot Size
40 acres
Type
Land
School District
Pike County School Corp.
County
Pike County
Community
None

Listed By

Zach Holt, Whitetail Properties Real Estate, Contact: Cell: 812-887-2954
Source
INDIANA REGIONAL MLS, INC
Last checked Dec 22 2024 at 5:37 AM GMT+0000
Bathroom Details
Subdivision
  • None
Utility Information
  • Utilities: Available
  • Fuel: None
School Information
  • Elementary School: Petersburg
  • Middle School: Pike Central
  • High School: Pike Central
Additional Information: Whitetail Properties Real Estate | Cell: 812-887-2954
Location
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 07, 2024
Price Changed
$339,900
-13%
-50,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by ERA First Advantage Realty, Inc. and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: 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. Data is deemed reliable but is not guaranteed accurate by the MLS. © 2024 Indiana Regional MLS.. 12/21/24 21:37
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