Productive Tillable Tract With Home For Sale Near Lebanon
Media
Summary
Property
- Type
- Farms, Recreational Land, Residential Land, Undeveloped Land
- Road Frontage
- State Highway
- Road Surface
- Blacktop/Asphalt
- Fencing
- Low Fence
Land Details
- Tillable
- Grass
Approximate Distances
| 2.3 mi | to Lebanon |
| 7.5 mi | to Whitestown |
| 19 mi | to Frankfort |
| 26 mi | to Crawfordsville |
| 28 mi | to Indianapolis |
Utilities
| Electric: | Onsite |
| Gas: | None |
| Propane: | Onsite |
| Sewer: | Onsite |
| Internet: | Onsite |
| Cable: | Nearby |
| Telephone: | None |
| Solar: | None |
| Generator: | None |
| Water: | Onsite |
Housing
Home
3BD / 2BA / 2HB 3724± sqft Built in 2006
Features/Improvements
- Small Game
- Big Game
- Upland Game
- Predators
- Waterfowl
- Seller's Mineral Rights Convey
Description
Listed for sale is nearly 40 acres of quality farmland located on the east side of Lebanon on State Road 32. This farm is made up of productive soils consisting of silt loam & silty clay loam with an average NCCPI (National Commodity Crop Productivity Index) of 73.03. Currently, this farm is in a corn & soybean crop rotation, and there is a tenant in place who manages the farming operations on a year-by-year basis. This cash rent lease arrangement provides the new owner with an opportunity for yearly income and to continue the current agreement. In addition to the farmland, the property includes a 3,724 sq. ft. one-and-a-half-story home. This home features 3 bedrooms, 2.5 bathrooms, an attached two-car garage, a bonus room, and a loft area that currently acts as an office space, a fenced back yard and a large front porch. The ample amount of space that his home offers, inside and out, provides a comfortable living environment. While the house could benefit from some updates and renovations, it has the potential to become a beautiful and spacious modern farmhouse with an upgraded interior. With some investment and improvements, the house could be transformed into a desirable living space! This home is being sold as is! This property offers great road frontage as it sits right on State Road 32. State Road 32 provides access to major travel routes making your commute to work that much easier! This farm is located just a few miles from Lebanon which offers plenty of amenities such as restaurants, shopping, and entertainment. Overall, this property offers the opportunity to own a sizeable piece of quality farmland with productive soils, along with a house that has the potential to be renovated into a charming and spacious modern farmhouse. For more details and a private showing, contact Land Specialist Andrew Malott for more details!
Details
-
37.75 Acres Tillable
-
Silt Loam & Silty Clay Loam Soils
-
NCCPI (National Commodity Crop Productivity Index) of 73.03
-
Investment Property
-
Yearly Cash Rent Income
-
3,724 sq. ft. one and a half story home featuring 3 bedrooms & 2.5 bathrooms
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Attached Two-Car Garage
-
Fenced Back Yard
-
State Road 32 Road Frontage
Area Info
Other
Coordinates
40.0423, -86.4303
Annual Taxes
$4,327
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the Broker and Whitetail Properties Real Estate, LLC.
