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Listed by Eric Richards • Landproz of Indiana, LLC
$ 420,000
Est. payment | /mo
32.93 Acres Lot
$ 420,000
Est. payment | /mo
32.93 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Pending
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22113507
HOA Y/N No
Tax Year 2025
Lot Size 32.930 Acres
Acres 32.93
Property Sub-Type Farm
Property Description
High-quality, highly productive farmland offering 32.93 deeded acres, including 30.59 tillable acres, with an outstanding Weighted Average Production Index (WAPI) of 140.2. The farm is comprised primarily of Crosby-Miami silt loam soils, providing an excellent opportunity for both operators and investors seeking quality Indiana farmland. Located in Wayne County, just west of the Randolph County line, the property offers outstanding accessibility with approximately 1,075 feet of frontage on Carlos Road and 1,300 feet of frontage on County Road 1100 S., providing excellent access for today's farming equipment. The farm has been significantly improved with an extensive pattern tile drainage system installed in 2023. Tile was installed on 40-foot centers and fully plowed in, enhancing drainage and supporting long-term productivity. Digital tile maps documenting the drainage system are available to prospective buyers. The seller would prefer to lease the tillable acreage back following the sale, creating an opportunity for investors to receive immediate rental income while allowing the seller to continue farming the property. Lease terms are negotiable and will be agreed upon by the buyer and seller. Whether you are looking to expand your farming operation, diversify your investment portfolio, or acquire a well-improved tract of productive Indiana farmland, this property is an exceptional opportunity.
Location
State IN
County Wayne
Zoning Agriculture
Interior
Fireplace N
Exterior
View Y/N false
Building
Sewer Septic Needed
New Construction false
Schools
School District Northeastern Wayne Schools
Others
Acceptable Financing Lease Back
Listing Terms Lease Back
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