Indiana Land For Sale | It isn’t too often that a property of this size comes up for sale. This farm is not only a large contiguous property, but it is a great income producer along with benefiting from reduced property taxes.
As you travel the gravel roads of Elnora in the Spring, you will find farmers working hard on their tractors to get their crop in the ground and in the Fall you will see them reaping the rewards with combines as they load up the grain truck before it heads to the grain bin. Now, that could be you if you so desire.
This property features around 230 +/- acres of tillable ground that is currently being cash rented out providing an annual income of nearly $31,000.00. The soils on this ground is above county average on soil fertility with the primary soil types of Haymod Silt Loam, Ayrshire Fine Sandy Loam, Zipp Silty Clay Loam and Nolan Silty Clay Loam. For both soybeans and corn, this property is a producer.
Adjacent to the crop field sits 52 +/- acres of woods that that is comprised of various hardwoods with some marketable timber for additional return on your investment. Just imagine yourself sitting in a tree stand on the edge of the field with your favorite rifle or bow in hand on a cool morning in November just after the farmer has harvested the fields.
You watch all the does and young bucks slip out into the open until you finally see that wary ol’ buck appear out of the timber. At that moment you realize all the hard work and time was worth it.
Another great feature to this property is that it provides 93 +/- acres of Wetland Reserve Program. Commonly referred to as ‘WRP”. This portion of the property provides fantastic habitat for waterfowl along with deer and turkey. Another interesting feature is that the White River changed its course and split the WRP into two distinct areas providing an even higher level of quality waterfowl hunting and even fishing! Not only is the WRP area great for recreation but it is contributes to the affordability of this property by offering greatly reduced property taxes in this program.
If you are ready to invest in a truly one of a kind property, please do yourself a favor and give Caleb a call to schedule your very own private showing. Showings are by appointment only with a 48 hr advanced notice. “It’s More Than Just Dirt, It’s a Lifestyle”.
PROPERTY
Income producing with $31,000 in annual cash rent!
231 +/- tillable acres
52 +/- wooded acres
93 +/- Wetland Reserve Program acres
Reduced property taxes in the WRP program
Some marketable timber
DISTANCES
1 hr 45 min to downtown Indianapolis
2 hrs 10 min to downtown Louisville
OTHER
Diverse hunting
Fishing
POTENTIAL PASSIVE INCOME BY LEASING HUNTING RIGHTS
$6,000 | Base Camp Leasing has been the #1 hunting lease company in the United States for more than 20 years. Landowners can earn passive income from leasing out the hunting rights to their land to our database of hunters. Base Camp Leasing handles the whole process from start to finish for a head-ache-free experience.
*Hunting Lease Information provided by www.basecampleasing.com >
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