1049404688973239
Off E Monroe Street Princeton, IN 47670
Listing Courtesy of: INDIANA REGIONAL MLS, INC / Whitetail Properties Real Estate / Zach Holt - Contact:  Cell: 812-887-2954

  Off E Monroe Street Princeton, IN 47670

Active (1 Days)
$3,990,000

Description

Located just behind Superior Ag off SR 64 on Princetons southeast side, this sprawling 178-acre farm offers an incredible investment opportunity. Available with open tenancy for 2025, the property features 176.58+/- highly productive tillable acres, primarily composed of Ragsdale Silt Loam soils, renowned for their fertility. Currently, under careful management, the farm provides above-average returns, making it an excellent long-term investment. The tenant farmer is willing to continue maintaining the property, ensuring consistent care and productivity. In addition to its agricultural value, this land presents significant potential for residential, commercial, or industrial development. It offers multiple access points, including the ends of E. Monroe St. and possibly E. Mulberry St. & E. Christian St. The property features frontage along E. Evans St., intersecting with S. Washington, S. Adams, S. Jefferson, and S. Madison Streets. SR 64 is less than 900 feet from the northern boundary. Further enhancing its appeal, the property is situated outside the 500-year floodplain, in close proximity to South Side Park and Saint Joseph Primary School, and surrounded by existing utilitiesincluding electric, water, sewer, and internet services. This site is shovel ready for immediate development. With its prime location, substantial size, and versatile potential uses, this property is an outstanding opportunity for developers or investors seeking to capitalize on it's build-ability. Regardless of your intended use, there is no doubt a rising demand for premium agricultural lands and development land that's suitable for residential housing.

MLS #:
202439883
Lot Size
178 acres
Type
Land
School District
North Gibson School Corp.
County
Gibson County
Community
None

Listed By

Zach Holt, Whitetail Properties Real Estate, Contact: Cell: 812-887-2954
Source
INDIANA REGIONAL MLS, INC
Last checked Oct 15 2024 at 11:46 PM GMT+0000
Bathroom Details
Subdivision
  • None
Utility Information
  • Utilities: None
  • Fuel: None
School Information
  • Elementary School: Princeton
  • Middle School: Princeton
  • High School: Princeton
Additional Information: Whitetail Properties Real Estate | Cell: 812-887-2954
Location
   
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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.. 10/15/24 16:46