84 Acres / Lakeville, IN 46536 / Recreational Land / CRP Income / Mature Timber

Status: Available
Price: $700,000
Acres: 84.14 +/-
Price Per Acre: $8,319
Type: Recreational Land, Timberland
Address: VL-E SI US 31 2 -35-2E-MRL
City, State: Lakeville, Indiana
County: St. Joseph
ZIP Code: 46536
Lat/Long: 41.5004, -86.2876
Presented By: Brecken Kennedy

Description

Looking for a great recreational property located just minutes south of South Bend, Indiana in St. Joseph County? This 84 +/- acre tract offers just that. When entering off Old 31 just south of Lakeville, IN 46536 you enter the start of the CRP Program. This program consists of multiple species of young trees through the property, developing a beautiful habitat for most northern Indiana wildlife species. Benefits to the program consist of wildlife cover, environmental development, population of species, and an annual income of $10,000 a year for the next 7 years guaranteed (then a potential for more after). Another option after 2027 comes and the program is up is re-selling the young trees to landscaping companies for further use. After 2027, there's potential to have beautiful home sites throughout this property as well or to be turned back into tillable acreage like it was before! The waterways through this property make for a great drainage system to help move heavy rains out of the property. Mature timber in the back (east) section of the property offers approx. $20,000 worth of timber ready to be harvested. Hunters will be interested in the small game, turkeys and whitetail deer sign that is throughout the property with multiple areas to improve the habitat for them. There is also a billboard on the property that produces monthly income. For more information, contact agent Brecken Kennedy at (260)578-7661 or by email at [Email listed above]

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