Land for Sale - Pike Co, IN - Tillable Acreage and Hunting Land

Status: Under Contract
Price: $109,990
Acres: 40 +/-
Type: Farms, Recreational Land, Timberland
City, State: Petersburg, Indiana
County: Pike
Lat/Long: 38.5097, -87.2170
Presented By: Zach Holt

Description

Take a look at this great 40 Ac combo tract sitting just east of Petersburg in Pike County, Indiana. This property features 21m/l acres of highly productive tillable acreage with the balance made up of woods along Mud Creek with some marketable timber. This property is a great investment opportunity with yearly income coming from a gas lease and cash rent. The property offers plenty of security with its gated access and no through traffic. Also, the roads leading back to this property are maintained very well by the gas company. The soils on this farm are productive and made up primarily of Hosmer Silt Loam and Peoga silt loam. Cash rent is broken up into a spring and fall payment with the buyer receiving the 2020 fall payment. If you've been looking for an investment property that can also serve as your recreation spot, then look no further. This property is priced to sell so, if interested don't hesitate to call Zach Holt direct at 812-887-2954.

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