Pike County
Productive Tillable Acreage With Development Potential Near Petersburg, IN
10.162+/- Ac off CO RD 650 N PETERSBURG, IN 47567
Description
Nestled in the quiet countryside northeast of Petersburg in the Alford area, this 10± acre property offers the perfect blend of productive farmland, development potential, and rural charm. Conveniently situated just minutes from SR-57 and I-69, and easily accessed via E County Road 650 N, this parcel is both private and highly accessible. Approximately 7.22± FSA-certified acres are tillable and primarily comprised of quality Hosmer Silt Loam soils, making this an excellent long-term agricultural investment. For those considering development, the property features gently rolling topography, is situated above the floodplain, and has access to electric, water, and internet utilities — ideal for a small country estate and perfect for hobby farming. Developers will appreciate that this tract could be divided into 4–6 smaller parcels, making it a great fit for investors or builders seeking to develop spec homes in a peaceful, rural setting. Agent Remarks: This property is located within the Texas Gas Alford Storage Field and currently receives a small annual gas storage payment. Historical data indicate the possibility of a free gas hook-up, though further verification would be required. Farm Subject to 2025 tenant rights. Possession of farm will be after 2025 harvest. Open Tenancy for 2026.
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- 10± acres with 7.22± FSA tillable acres of productive Hosmer Silt Loam
- Convenient location near SR-57 & I-69, northeast of Petersburg in the Alford area
- Gently rolling topography above the floodplain with electric, water & internet available
- Ideal for homesites, hobby farms, or split into 4–6 smaller tracts for development
- Located within Texas Gas Alford Storage Field with annual storage income and possible gas hookup
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For more information or to see additional properties currently for sale see Zach Holt's listings.