0 S State Rd

Milroy, IN 46156

$2,200,000
Price
7,907,882 / 181.54
Lot Size / Acres

Description

This property offers very productive tillable acreage with income, tremendous whitetail hunting (a recent harvest was a buck over 200" gross score), over 3,000 feet of river frontage, and great timber investment! The approximate breakdown of acreage is +/- 130 FSA tillable acres and +/- 51 wooded/extra acres. The farm sets up with +/- 2/3 of the tillable portion on the top and +/- 1/3 tillable in the bottom and wooded fingers with ridges and ravines mixed in between. The average NCCPI score is 74.59...This property offers very productive tillable acreage with income, tremendous whitetail hunting (a recent harvest was a buck over 200" gross score), over 3,000 feet of river frontage, and great timber investment! The approximate breakdown of acreage is +/- 130 FSA tillable acres and +/- 51 wooded/extra acres. The farm sets up with +/- 2/3 of the tillable portion on the top and +/- 1/3 tillable in the bottom and wooded fingers with ridges and ravines mixed in between. The average NCCPI score is 74.59 and WAPI for corn is 137.92 and WAPI for soybeans is 48.27. The owner receives close to $30,000 per year in income from the tillable portion with tenancy open for the 2026 growing season. The wooded portion of the property offers a future investment opportunity. Out of the +/- 51 of wooded/extra acreage, approximately +/- 31 acres consists of dense black walnuts ranging in age and size. There are other mature hardwoods mixed in but the black walnut are the shining star. The understory is very diverse and provides cover for wildlife but is not full of invasive species like a lot of woodlots in Eastern Indiana. With some good timber management, this section could pay high dividends later on down the road. The ridges and ravines create perfect travel corridors for whitetail and great hunting opportunities. The current owners have harvested some great bucks over the years including one over 200"! Genetics play a crucial role in opportunities for trophy class deer and this property has them! There are 2 gas wells on the property. The southeastern border of the property is +/- 3,000' of Little Flat Rock River. There are potential new opportunities coming soon from the Rush County NRCS that could pay you as an owner to create wildlife habitat and earn income on the bottom land acreage that is close to or even above the current rent values. Contact the listing land specialist to hear these details or to inquiry further about this opportunity.
  1. Listed by Tyler Fritz • Whitetail Properties • tyler.fritz@whitetailproperties.com
  2. Listed by Andrew Malott • Whitetail Properties

Property Details for 0 South State Road

Subdivision Name
106 North
Township
Anderson
Waterfront Features
River Access, River Front, Water Access, Water View, Waterfront
Waterfront
Yes
Zoning
Agriculture
LISTING UPDATED: 02/12/2025 05:42 PM

Property Details for 0 South State Road

StatusActive
MLS #22021583
Days on Market48
Taxes$1,416 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Farm
Year Built-
Lot Size181.54 AC
CountyRush County

Building Information for 0 South State Road

Lot Size181.54 AC

Property Information for 0 South State Road

Summary
Location and General Information
  • City: Milroy
  • County Or Parish: Rush
  • Directions: GPS Friendly
  • Postal Code: 46156
  • Road Access: Access Rd,County Rd
  • Road Frontage Type: Private Road
  • State Or Province: IN
  • Topography: Bottom Land,Hilly,Level,Sloping,Wooded
  • View: Forest, Pasture, River, Rural, Trees/Woods, Water
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 701423400001000001
  • Semi Annual Property Tax Amt: 1416
  • Tax Year: 2023
  • TaxLot: 978333
School Information
  • Elementary School: Milroy Elementary School
  • High School: Rushville Consolidated High School
  • Middle Or Junior School: Benjamin Rush Middle School
  • School District: Rush County Schools
Property
Lot Information
  • Acreage: >20 Acres
  • Land Characteristics: Creek On Property,Irregular Lot,Mature Trees,River Front,Rural,Small Trees,Water Acces,Water View,Wooded
  • Lot Description: Mature Trees, Trees-Small (Under 20 Ft), Wooded
  • Lot Size Square Feet: 7907839.0
  • Lot Size Acres: 181.54
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: Not Applic
  • Wooded Acres: 51
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: NoStatus
  • Divisible: No
  • DPRYN: No
  • Legal Subdivision: 001-25536-00 Esw 23-12-9 80A, Pt Se 23-12-9 39.626 Acres Pt Sne 23-12-9 61.913 Acres 701423400001000001
  • Photos Count: 78
  • Present Zoning: Agricultur
  • Property Sub Type: Farm
  • Property Type: Land
  • Road Surface Type: Gravel
  • Type: Agric Land
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric
  • Facilities On: None,Gas
  • Sewer: Septic Needed
  • Solid Waste: No
  • Water: Well Required
  • Water Source: Private Well
Interior and Exterior Features
Exterior Features
  • Operation: Not Applic
  • Horse Amenities: None

Property History for 0 South State Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

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0 South State Road is a 181.54 ac of land for sale in Milroy, IN 46156. This property was listed for sale on February 10, 2025 by Whitetail Properties, it's currently listed at $2,200,000. 0 South State Road is a 0-bed, 0-bath, 181.54 ac of land on a 7,907,882 sq. ft. / 181.54 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Whitetail Properties

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/29/2025 09:35 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.