Large Tillable Investment Property On US Highway With Commercial, Industrial, And Residential Potential
Media
Summary
Property
- Type
- Farms, Recreational Land, Residential Land, Undeveloped Land, Commercial Land, Hunting Land
- Road Frontage
- State Highway, County Road
- Road Surface
- Blacktop/Asphalt
Land Details
- Timber
- Tillable
Approximate Distances
| 14 mi | to Versailles |
| 7 mi | to North Vernon |
| 64 mi | to Cincinatti, OH |
| 81 mi | to Louisville, KY |
| 73 mi | to Indianapolis |
Utilities
| Electric: | Nearby |
| Internet: | Nearby |
| Water: | Nearby |
Features/Improvements
- Small Game
- Big Game
- Predators
- Waterfowl
- Seller's Mineral Rights Convey
Description
This versatile property offers an extensive range of possibilities, including agricultural, commercial, residential, and recreational uses. The large, contiguous parcel boasts road frontage on three sides: approximately 3,100 feet +- of frontage along US Highway 50 and nearly 4,000 feet of county roads. The property features approximately 190 acres +- of tillable land with zero floodplain. Utilities, including water, electricity, and fiber optic internet, are available on all three sides. The land is divided by several fence rows and wooded areas, home to native wildlife like deer, turkey, squirrels, owls, and other species. The property has approximately 4,500 ft. +- of Pleasant Run Creek that runs from the north boundary and exits out the west boundary. The soils are mostly a mix of Cobbsfork silt loam, Avonburg silt loam, Holton silt loam, and Nabb silt loam. Located in Butlerville, a small town between North Vernon and Versailles, the property is within an hour's drive of cities like Columbus, Seymour, Greensburg, Madison, Scottsburg, and Vevay. It is surrounded by numerous parks and wildlife areas, including the 50,000-acre Big Oaks National Wildlife Refuge. Directly north and less than 1 mile away is Brush Creek Reservoir, where visitors can fish or hike. To the east lies Versailles State Park, while to the west is Crosley FWA, Selmier State Forest, and Muscatatuck National Wildlife Refuge. The property will be available for sale in its entirety or divided into five tracts. A new ALTA survey was completed in 2024, and there are no leases for the 2025 crops. The seller is flexible on proposed boundary splits and welcomes creative offers.
Details
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Approximately 3,100 ft. +- highway 50 road frontage
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Nearly 4,000 ft. +- of county road frontage
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Approx. 190 acres +- tillable
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Water, electric, and fiber optic at the road
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New ALTA survey completed in 2024
Area Info
Other
Coordinates
39.037, -85.496
Annual Taxes
$6,014
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.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
