Ask Chad Renbarger
Location: Madison County, IN (between Frankton, IN and Elwood, IN) Property Type: Tillable Ground Lot Size: 22.75 Acres (NO LONGER UNDER SOLAR CONTRACT AGREEMENT).
Description: Rare Opportunity! We present to you 22.75 acres of prime tillable ground in Madison County, IN, located between the charming towns of Frankton and Elwood. This property boasts road frontage on both W 1000 N and 500 W, providing convenient access on and off the premises. Tillable ground in this area is highly sought after and rarely becomes available, making this a truly exceptional investment opportunity.
Agricultural Productivity: The tillable ground on this property has a remarkable track record. With an average yield of 220 bushels per acre for corn and 65 bushels per acre for beans, this land demonstrates its fertility and potential for high agricultural productivity. Whether you are an experienced farmer or seeking a profitable investment, this property holds immense value.
Building Potential: Beyond its agricultural appeal, this property also offers the possibility of multiple building sites. With road frontage on two sides, it presents an ideal opportunity to construct your dream home or develop additional structures. The highly regarded Frankton-Lapel School Corporation serves this area, ensuring excellent educational opportunities for families.
Financial Details: The property taxes for this expansive 22.75-acre parcel amount to an affordable $652 per year, making it an attractive option for investors and prospective homeowners alike. Don't miss out on this chance to own a piece of Madison County's sought-after tillable ground. For more information Call or Text Chad Renbarger 317-418-7712