Income Producing Farm/Mixed Use Land With Development And Investment Potential
Media
Summary
Property
- Type
- Farms, Recreational Land, Residential Land, Undeveloped Land, Commercial Land, Hunting Land
- Road Frontage
- County Road
- Road Surface
- Pavement, Gravel
Land Details
- Timber
- Tillable
- Open
Approximate Distances
| .5 mi | to Just west of HWY 35 |
| 1.2 mi | to Bass Lake |
| 6.5 mi | to South of Knox Indiana |
| 9 mi | to North of Winamac Indiana |
| 46 mi | to Chicago |
Features/Improvements
- Small Game
- Big Game
- Upland Game
- Predators
- Waterfowl
Description
Listed for sale is a 50-acre split off a larger 150-acre parcel. This property is part of a farm owned by the same family for a long time. As much as the owners may hate to sell it, the demand for mixed-use land in this area has created a favorable time to sell. The positive economic impact of development, land investments, and energy considerations have created an equally favorable buying opportunity. Located in the heart of some new residential, commercial, and solar developments, this property offers many opportunities for the new owner. The nearby Bass Lake has also transitioned to a trendy, sought-after destination for fishing, water sports, recreation, and even buyers of some really nice lakefront homes, which increases the potential uses for land in this area. The property consists of approximately 36 acres of income-producing farm ground, which is being rented for cash. The soil types consist of Watseka loamy sand, Maumee sand, Morocco loamy sand, and Houghton muck. The soil holds moisture well and consistently produces above-average yields for the area. The balance of the land is mainly tree-lined on the two sides, which has over 3600 feet of combined road frontage.
Several smaller forested pockets and areas of more natural elements, vegetation, and thickets create a unique and interesting property layout that retains natural beauty, privacy, and seclusion. With much energy development in this area and little or no hunting pressure, locals say that the number and quality of deer and wild turkey around this farm have exploded in the last few years. As a result, with the planted crops, forested areas, and other great habitats, this property will undoubtedly prove to be an excellent hunting property. Other recreational opportunities are also available nearby, and the southwest corner of the property also touches the 11-mile Erie Trail, a recreational Bike and Walking trail, and provides convenient access to the trail. There are plans to expand the trail by an additional 5-plus miles soon.
As you can see, with this property's location, ample road access, and many other features and benefits, future use such as farmland, hunting, residential/commercial building, or land use generating a much higher income stream are all possibilities. There are also options to purchase a 32-acre and an 18-acre parcel with the potential to acquire additional land in the future. Call today to discover what opportunities may exist for you before it's gone!
Details
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Income producing farm and wooded ground for recreation, building, development or investment
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Approximately 36 acres of tillable farm ground cash rented
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Property is situated on a corner of two county road and has great road access
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Located near Bass Lake, Erie Bike trail and many other outdoor, recreational and local attractions
Area Info
Other
Coordinates
41.1888, -86.6107
Annual Taxes
$850
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.
