$352,527
$420,000
16.1%For more information regarding the value of a property, please contact us for a free consultation.
16.79 Acres Lot
SOLD DATE : 07/26/2023
Key Details
Sold Price $352,527
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 21917138
Sold Date 07/26/23
HOA Y/N No
Tax Year 2022
Lot Size 16.787 Acres
Acres 16.787
Property Description
Located in the hot market city of Pendleton, IN, this 17-acre property presents a unique opportunity for real estate investors and developers. With access off State Hwy 9 and 900 S with an easement already in place, the property boasts easy accessibility and convenience. The property is already zoned residential. The property comprises tillable ground, with the north side having had new tile installed just 2 years ago. This translates to a more efficient drainage system, thereby increasing crop yield potential. Currently, the property is being leased out for cash rent at $2080 per year, making it an attractive investment opportunity. Another advantage of this property is its proximity to utilities. City sewer runs along the back side
Location
State IN
County Madison
Zoning Residential
Interior
Fireplace N
Building
Sewer Municipal Sewer On Site
New Construction false
Schools
Middle Schools Pendleton Heights Middle School
High Schools Pendleton Heights High School
School District South Madison Com Sch Corp
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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