Farmhouse With Monthly Income And Timber Next To Hoosier National

Description

Year-round home or weekend getaway with great hunting, monthly income, and marketable timber, adjacent to Hoosier National Forest. The choice is up to you and the options are many. The two-story farmhouse was built in 1890 and is the perfect example of early Americana. The adjacent garage appears to be in good shape and would be a good place to store vehicles and equipment. Take a look at the topographical map and you’ll see a volume of gently rolling topography and areas that represent multiple previously cultivated small fields that could be converted back to various forms of agriculture or used as food plots for the resident wildlife population. The marketable timber contains a number of desirable and valuable species and has not been touched for 30+- years. It’s quite nice and typical of what you might find in a tract that has been undisturbed. If you like to get a portion of your sustenance out of the woods, you’ll appreciate the wild edibles that are commonly found in the area such as, Morel, Chanterelle, Chicken of the Woods, Hen of the Woods, Lions Mane and other Mushrooms, Blackberries, Ginseng, Yellow Root and more. If income is important to you the home has a tenant paying $600 per month cash rent, the tenant is willing to stay if you’d like the income. The tenant has also expressed an interest in purchasing the home and a relatively small portion of the property on contract. Many options exist in this regard and I’d encourage you to reach out for additional details and potential options.

Property Details

  • Adjacent to Hoosier National Forest
  • Monthly Income
  • Marketable Timber
  • Could be split into smaller parcels
  • 2 +/- hours to Indianapolis
  • Shown by appointment only with advanced notice

3662 S. Unionville Rd., Lot#WP001
Paoli, Indiana 47454
Two hunters shaking hands outside

Estimate Your Monthly Payments

Powered by a premium lender.

Rural 1st logo
Calculate Loan

Powered by a premium lender.

Rural 1st logo
Equal Housing Lender logo