Sr 61 Petersburg, IN 47567

Other Residential MLS #: 202438614 Courtesy Of William Minor

$339,900

40 acres
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Est. Property Tax: $446
Estimated monthly payments: $1,523/mo.* (recalculate)

Property InformationDescription

Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.
MORTGAGE CALCULATOR

Features

  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 40 Acres

Demographic Data

Petersburg, IN 47567

Median Age: 46
Married: 52%
Number of Households: 2,526
Households with Children: 21.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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