150 North Oaktown In 47561
$149,900
644,688 / 14.8
Description
Located in the heart of Southern Indiana’s renowned produce country, this 14.8-acre surveyed property offers a fantastic opportunity for farming and development. Surrounded by multiple packing sheds and produce wholesalers, the local economy thrives on agriculture, making this property a strategic investment. Traditionally rotated with beans and corn, these fertile fields can cash rent to area-produce farmers at 3-4x the typical row-crop rates, making them an attractive investment hold. With an impressive...Located in the heart of Southern Indiana’s renowned produce country, this 14.8-acre surveyed property offers a fantastic opportunity for farming and development. Surrounded by multiple packing sheds and produce wholesalers, the local economy thrives on agriculture, making this property a strategic investment. Traditionally rotated with beans and corn, these fertile fields can cash rent to area-produce farmers at 3-4x the typical row-crop rates, making them an attractive investment hold. With an impressive 1,200 feet of frontage along Old US Hwy 41, the property provides excellent access and versatility. Whether you're looking to build a home-business combination, develop multiple homes, or hold the land as an investment, this parcel offers flexibility. Electrical service runs along the western boundary, and well water is commonly used in the area. A creek highlights the southern boundary, and approximately 3 acres of woods wrap around the SW corner, offering the perfect setting for deer hunting and outdoor recreation. The stunning, wide-open views to the north create a picturesque backdrop for whatever future plans you envision. Seize this rare opportunity to own a prime piece of tillable in a thriving agricultural hub!
- Listed by Zach Holt • Whitetail Properties Real Estate
- Listed by Kris Christianson • Whitetail Properties Real Estate
Property Details for 150 North Oaktown In 47561
Subdivision
None
WaterfrontNo
LISTING UPDATED: 10/09/2024 08:16 PM
Property Details for 150 North Oaktown In 47561
Status | Active |
---|---|
MLS # | 202439162 |
Days on Market | 44 |
Taxes | $400 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lots & Lands / Agricultural Land |
Year Built | - |
Lot Size | 14.80 AC |
County | Knox County |
Building Information for 150 North Oaktown In 47561
Lot Size14.80 AC
Property Information for 150 North Oaktown In 47561
Property History for 150 North Oaktown In 47561
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 150 North Oaktown In 47561
This home is within North Knox School Corp.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 2 | |||
Public - | 3 to 6 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
North Knox Primary School PublicK to 2 | ||
North Knox Intermediate Public3 to 6 | ||
North Knox Jr-Sr High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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