to

SR 61

Petersburg, IN, 47567

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.
County
Pike County
Lot Size
40.0000
Subdivision
None
Annual Taxes
446.00
Association Dues
0.00
District
Pike County School Corp.
Elementary
Petersburg
Middle School
Pike Central
High School
Pike Central
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Zach Holt of Whitetail Properties Real Estate, 812-887-2954.

    Heath Klein

    Realtor/Broker
    Cell: (812) 291-2202

    Request More Information

Mortgage Calculator

Property Search

to

Testimonial


More Testimonials

Frequently asked questions

Why do I need to have Title Insurance?
Before offering to issue a title insurance policy, a title company will do a title search to learn whether there are any problems or limitations with the title. This search is done in an effort to minimize the risks of offering insurance. By minimizing the risks of claims being made, a title insurance company is able to offer its insurance policies for a relatively low, one-time fee. Problems such as deeds, wills, and/or trusts that contain improper vesting and incorrect names, outstanding mortgages, judgments, and tax liens, easements, or incorrect notary acknowledgments are generally found through the title search and usually can be cleared up before the closing on the property.

More F.A.Q.S

Disclaimer

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: December 21, 2024, 12:00 pm
IDX information provided by the Indiana Regional MLS