0 State Road
Milroy, IN 46156
- – beds
- – baths
- – sqft
- ~182 acre lot
- – on site
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 the land specialist to hear these details or to inquiry further about this opportunity.
Last checked:
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Last updated Feb 10, 2025
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MLS# 202504201 —
The Building
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Year Built:2000
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New Construction:No
Location
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Directions to Property:for GPS use 9183 State Road 3, Milroy, IN, 46156. When turning west off of 3 take the gravel lane until it dead ends through a home and barns to a gate.
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Latitude:39.4883
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Longitude:-85.4778
The Property
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Parcel# ID:70-14-23-400-001.000-001
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Property Subtype:Outbuildings Only
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Lot Description:Irregular, Partially Wooded, Rolling, 15+, Pasture, Water View, Wooded
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Lot Dimensions:1x1
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Approx Lot Size SqFt:7927920
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Approx Lot Size Acres:182
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Type of Farm:Multi-Purpose
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# of Tillable Acres:131
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# of Wooded Acres:51
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Waterfront:Yes
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Water Type:River
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Water Access:Riverfront
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Water Frontage:3000
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Leased Acres:Yes
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:2832
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202504201
Utilities
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Water Utility:Well Needed
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Sewer:None
Schools
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Elementary:Milroy
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Middle School:Benjamin Rush
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High School:Rushville
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School District:Rush County Schools
The Community
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Subdivision:None
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Association Dues Frequency: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 | IRMLS | $2,200,000 |
