$4,274 of Annual Income

Property Number
A-0058
County
Henry
State/Province
Indiana
Total Acres
23.10 +/-
Asking Price
$112,035
Estimated Hunting Lease Value
$600
Base Camp Leasing URL

Description

This small acreage parcel offers many opportunities for a farmer looking to expand his operation, an investor, or a someone looking for the ideal home site. The property is accessible from Highland Ave on the very north side of New Castle. The tillable acres cash rent for $4,274 of annual income with areas of the farm boasting NCCPI ratings of over 85. The farm is located right next to the city of New Castle creating some unique opportunities for a possible new home building site or potential business development. This property not only has productive soil for farming, but also offers very good deer hunting. If your looking for other activities just around the corner and less than 5 minutes away is the well known Wilbur Wright State Recreational Area. This area offers several activities; gun ranges, archery ranges, paved bike trails, hunting and hiking are just a few of the opportunities. Combining the $4,274 of income from cash renting, the potential building sites and the recreational offerings, this farm could be just what you’re looking for!

Property Features

  • Just minutes from New Castle
  • 20 Minutes to Muncie
  • 50 minutes to Indianapolis
  • Productive Soils
  • Respectful ROI on tillable land cash rent
  • Possible building site for your new home
  • Hunting for small game and deer!

Map / Contact Information:

Listing Agent
Dean Brandt

Dean Brandt

East-Central Indiana Recreational & Farm Land Broker

Phone: (765) 994-1316
Email: dean.brandt@basecampcountry.com