0 S State Road
Milroy, IN 46156
- – beds
- – baths
- – sqft
- ~182 acre lot
This property offers very productive tillable acreage with income, tremendous whitetail hunting (a recent harvest was a buck over 200" gross score), over 3,000 feet of river frontage, and great timber investment! The approximate breakdown of acreage is +/- 130 FSA tillable acres and +/- 51 wooded/extra acres. The farm sets up with +/- 2/3 of the tillable portion on the top and +/- 1/3 tillable in the bottom and wooded fingers with ridges and ravines mixed in between. The average NCCPI score is 74.59 and WAPI for corn is 137.92 and WAPI for soybeans is 48.27. The owner receives close to $30,000 per year in income from the tillable portion with tenancy open for the 2026 growing season. The wooded portion of the property offers a future investment opportunity. Out of the +/- 51 of wooded/extra acreage, approximately +/- 31 acres consists of dense black walnuts ranging in age and size. There are other mature hardwoods mixed in but the black walnut are the shining star. The understory is very diverse and provides cover for wildlife but is not full of invasive species like a lot of woodlots in Eastern Indiana. With some good timber management, this section could pay high dividends later on down the road. The ridges and ravines create perfect travel corridors for whitetail and great hunting opportunities. The current owners have harvested some great bucks over the years including one over 200"! Genetics play a crucial role in opportunities for trophy class deer and this property has them! There are 2 gas wells on the property. The southeastern border of the property is +/- 3,000' of Little Flat Rock River. There are potential new opportunities coming soon from the Rush County NRCS that could pay you as an owner to create wildlife habitat and earn income on the bottom land acreage that is close to or even above the current rent values. Contact the listing land specialist to hear these details or to inquiry further about this opportunity.
Last checked:
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Last updated Feb 12, 2025
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MLS# 22021583 —
The Building
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New Construction:false
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Development Status:NoStatus
Location
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Directions:GPS Friendly
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Latitude:39.47285
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Longitude:-85.48665
The Property
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View:true
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Property Type:Land
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Property Subtype:Farm
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Parcel Number:701423400001000001
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Acres:>20 Acres
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Lot Features:Mature Trees, Trees-Small (Under 20 Ft), Wooded
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Lot Size Acres:181.54
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Lot Size SqFt:7,907,839 Sqft
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Price Per Acre:12119
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Type:Agric Land
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Divisible:No
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Zoning:Agriculture
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Present Zoning:Agricultur
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Topography:Bottom Land,Hilly,Level,Sloping,Wooded
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Land Characteristics:Creek On Property,Irregular Lot,Mature Trees,River Front,Rural,Small Trees,Water Acces,Water View,Wooded
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Additional Parcels:false
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View:Forest, Pasture, River, Rural, Trees/Woods, Water
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View:true
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Waterfront:true
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Waterfront Features:River Access, River Front, Water Access, Water View, Waterfront
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Horse Amenities:None
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Fence:No
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Wooded Acres:51
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Tillable Acres:130
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Soil Type:Not Applic
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Road Access:Access Rd,County Rd
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Road Frontage Type:Private Road
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Road Surface Type:Gravel
Listing Agent
- Contact info:
- Agent phone:
- (219) 242-2701
- Office phone:
- (217) 285-9000
Taxes
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Tax Lot:978333
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Tax Year:2023
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Semi Annual Property Tax Amt:1416
Utilities
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Water:Well Required
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Water Source:Private Well
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Sewer:Septic Needed
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Solid Waste:No
Schools
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Elementary School:Milroy Elementary School
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Middle Or Junior School:Benjamin Rush Middle School
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High School:Rushville Consolidated High School
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High School District:Rush County Schools
The Community
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Subdivision Name:106 North
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Facilities On:None,Gas
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Facilities Near:Electric
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Association:false
Extra Units
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Other Structures:Not Applicable
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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2/10/25
Feb 10, 2025
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Listed / Active | MIBOR | $2,200,000 |
