Land for Sale - 450 East, Lot#WP001, Knox, IN 46534 - 50.0 acres

Income Producing Farm/Mixed Use Land With Development And Investment Potential

450 East, Lot#WP001, Knox, IN | Lat/Lng:  41.1888, -86.6107

$495,000
50 ac.
08/20/2024
FOR SALE
Main Listing ImageMain Listing Image

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 opportunity to buy. 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 37 acres of income-producing farm ground, being cash rented. 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 have 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 another great habitat, 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 18-acre parcel with the potential to acquire additional land in the future. Call today to find out what opportunities may exist for you before it's gone! Property Features: - Income producing farm and wooded ground for recreation, building, development or investment - Approximately 37 acres of tillable farm ground cash rented - Property is situated on a corner of two county road and has great road access - Located near Bass Lake, Erie Bike trail and many other outdoor, recreational and local attractions

Details

CountyStarke
Zipcode46534
BrokerageWhitetail Properties
Brokerage Linkhttps://www.whitetailproperties.com
Land Listing Agent Photo
Agent: Rob Styka
Contact Agent:Email Land Listing Agent
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