SR
Petersburg, IN 47567
- – beds
- – baths
- – sqft
- ~40 acre lot
- – on site
Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner’s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.
Last checked:
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Last updated Feb 6, 2025
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MLS# 202438614 —
Location
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Directions to Property:https://maps.app.goo.gl/A4YNNKm25414VKCb7
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Latitude:38.23297
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Longitude:-87.26838
The Property
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Parcel# ID:63-13-23-400-025.000-007
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Parcel Description:Corner, Undeveloped, Tillable, 15+, Cable Available
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Property Subtype:Agricultural Land
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Lot Dimensions:1315' x 1325'
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Approx Lot Size SqFt:1742400
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Approx Lot Size Acres:40
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Type Use:Agriculture, Residential
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Waterfront:No
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Leased Acres:No
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Easements:No
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Road Frontage:State
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Road Access:State
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Road Surface:Paved
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:446
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202438614
Schools
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Elementary:Petersburg
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Middle School:Pike Central
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High School:Pike Central
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School District:Pike County School Corp.
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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1/1/25
Jan 1, 2025
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Price Changed | IRMLS | $319,900 | -5.9% |
11/7/24
Nov 7, 2024
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Price Changed | IRMLS | $339,900 | -12.8% |
10/4/24
Oct 4, 2024
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Listed / Active | IRMLS | $389,900 |