58 Acres Income Producing Property In Clay County, Indiana

Description

58 Acres with Income and Opportunity – Offered at Appraised Value of $631,684 – Center Point, Indiana (Clay County)

Located just south of State Road 46 on County Road 300 East, this 58-acre property in Clay County offers the perfect combination of income production, natural beauty, and investment stability. With a balance of 36 acres of productive tillable ground and timbered acreage, this land provides multiple sources of income and long-term potential.

The property features active oil wells generating approximately $12,000 per year, with expected increases in production, plus an additional $7,200 per year in farm rent from the tillable acres. The wooded portions provide excellent hunting, recreation, and future timber value, adding even more appeal.

A very recent appraisal values the property at $631,684, and it is being offered at that appraised value, making this an exceptional opportunity to purchase a proven, income-producing investment. Conveniently located near Center Point and just minutes from State Road 46, this property combines accessibility with a peaceful country setting.

Property Highlights:
    •    58 total acres in Clay County
    •    36 acres of productive tillable ground
    •    Active oil wells producing approx. $12,000/year (with growth potential)
    •    $7,200/year in farm rent income
    •    Balance in wooded acreage offering recreation and timber value
    •    Recently appraised at $631,684 and offered at appraised value
    •    Great location just south of SR 46 near Center Point

A rare opportunity to own a diverse, income-producing property with verified market value—ready to add to your portfolio or make your own.

For additional information, contact Land Specialists Caleb Emrick at 812-605-3163 or Todd Harrison at 812-229-1189 .