205± Acres
Clay County, Indiana

Investment Property

ID: 9902
External ID/MLS: 53199 / --
Status: Sold
Acres: 205±
Type: Farms
City, State: Brazil, Indiana
County: Clay
ZIP Code: 47834
Lat/Long: 39.5237, -87.1250
Presented By: Caleb Emrick


Solar Farm Properties. This 205 acre parcel is located in Clay County, Indiana. It is split into two separate solar farms. One is south of Brazil, one just east of Brazil, IN 47834. Asking price $1,850,000.00 for both properties together.

Property 1 located in Stauntonpppp
168 acres total.
45 acres of solar farm. Income from the lease of solar is $45,000.00 annually. Payments on solar lease are bi-annual.
40 years remaining on lease of solar farm.
80 acres of tillable farmed on shares. Average income for this is $17,000.00 annually.
10 acres of timber
Remaining acreage is part of a lake and grasslands. Fishing is excellent.
Income for the next 40 years: $1,800,000.00 solar + $680,000.00 = $2,480,000.00

Property 2 located in Brazil just northwest of the high school.
40 acres total
40 acre solar farm. Income from the lease of solar is $33,000.00 annually. Payments on solar lease are bi-annual
35 years remaining on the lease.
Income for the next 35 years = 1,155,000.00 solar

Total for both farms = $3,635,000.00.

The Lessee pays the property taxes on the ground they lease. $6,000.00
Property owner pays the property taxes on the remaining ground. Cost is $26.00 per acre.

For more information, contact Caleb Emrick at 812.605.3163 or Todd Harrison at 812.229.1189.

Ask Caleb About This Property

Nearby Properties Around Clay County

Building Lot For Sale in Brazil, IN at The Reserve in Southgate Subdivsion
New Listing
Clay County, IN
If you are looking to build a home near Brazil, IN 47834, then take a look at this great building lot available in the Reserve at Southgate.  The .167 acre +/- lot offers a nice view overlooking a pond and is located on a quiet street.  Bui...
0.17± Acres
Under Contract
Clay County, IN
Welcome to your dream home at 1132 W Park Ave, Brazil, IN! This stunning residence offers a spacious 2884 square feet of living space, featuring: 4 bedrooms and 3 full baths for comfortable family living An inviting, heated in-ground pool and ...
1± Acres
New Listing
Clay County, IN
New Listing! 4-Acre Wooded Lot in Brazil, IN Discover the perfect blend of tranquility and convenience with this beautiful 4-acre wooded lot located just off Murphy Ave at E PR 1065 N in Brazil, IN. This property offers a peaceful retreat with all t...
4.13± Acres