Sold
184.81± Acres
Sold
Madison County, Indiana

185+/- Tillable Acres - Madison Co. Indiana

ID: 41673
External ID/MLS: -- / 21937666
Status: Sold
Acres: 184.81±
Type: Farms, Ranches, Undeveloped Land
Address: E 700 N
City, State: Alexandria, Indiana
County: Madison
ZIP Code: 46001
Presented By: Chad Renbarger
Taxes: $4,810

Description

Location: Just South of Alexandria with Convenient Road Access

Discover an exceptional investment opportunity in the heart of Madison County, Indiana. This expansive 185-acre property, situated just south of Alexandria, offers the ideal setting for agricultural enthusiasts and astute investors alike. Boasting an impressive array of features, this prime farmland presents a fantastic chance to establish your agricultural legacy or expand your existing operations.

Location: The property is ideally located in Madison County, Indiana, offering easy access to neighboring towns and cities. With its strategic position just south of Alexandria, you'll enjoy the benefits of a thriving community while maintaining the tranquility of rural living.

Road Access: This remarkable property offers convenient access from four different roads, providing exceptional mobility and flexibility. Access points include Jackson Pike, Rangeline Road, 700 N, and 150 E, ensuring efficient transportation of goods and equipment to and from the farm.

Tillable Ground: Spanning an impressive 185 acres, this property is primarily comprised of fertile tillable ground, offering a blank canvas for your agricultural ambitions. The flat topography and great soil quality make it an ideal location for various crops, providing ample opportunities for maximizing yields and returns.

Lease and Income Potential: Currently, the farm is under a 1-year lease agreement, generating a substantial cash rent of $48,000 per year. This arrangement provides an immediate revenue stream, making it an attractive investment opportunity. With a proven track record of successful farming operations, this property promises long-term income potential and a stable return on investment.

Land Contract Option: Recognizing the diverse needs of prospective buyers, the seller is willing to offer a 5-year land contract for the purchase of this outstanding property. This flexible arrangement provides an opportunity to secure the land while allowing for structured payment terms that align with your financial goals.

Investment Potential: Whether you're a seasoned farmer, an investor seeking a lucrative opportunity, or someone looking to diversify their portfolio, this property offers immense potential. With its excellent location, fertile soil, income-generating lease, and attractive land contract option, this is a rare chance to acquire a substantial agricultural asset with both immediate and long-term benefits.

Don't miss out on this extraordinary opportunity to own 185 acres of prime tillable ground in Madison County, Indiana. Contact us now to explore this remarkable property and embark on a prosperous agricultural journey! Contact Chad Renbarger for more information 317-418-7712

Ask Chad About This Property

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