Homes for sale - 0 S State RD, Milroy, IN 46156

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

May

Sat

May

Sun

May

Melanie Balog

melanie@balogrealty.com +1(317) 490-1383

Listed by Tyler Fritz • Whitetail Properties

$ 2,200,000

Est. payment | -/mo

181.54 Acres Lot

Save

$ 2,200,000

Est. payment | -/mo

Save

181.54 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Subdivision 106 North

MLS Listing ID 22021583

HOA Y/N No

Tax Year 2023

Lot Size 181.540 Acres

Acres 181.54

Property Sub-Type Farm

Property 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 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.

Location

State IN

County Rush

Zoning Agriculture

Interior

Fireplace N

Exterior

View Y/N true

View Forest, Pasture, River, Rural, Trees/Woods, Water

Building

Sewer Septic Needed

Water Private Well

New Construction false

Schools

Elementary Schools Milroy Elementary School

Middle Schools Benjamin Rush Middle School

High Schools Rushville Consolidated High School

School District Rush County Schools

Others

Acceptable Financing Not Applic

Listing Terms Not Applic

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 490-1383

melanie@balogrealty.com

United States

0 S State RD Milroy, IN 46156