Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10738 County Road 100 Brazil, IN 47834

    Sponsored
    For Sale
    $2,375,000

    Farm/Estate - Brazil, IN

    Type:Farm
    Property size:
    3,171 SF
    Lot size:
    160.00 Acres
    Days on Market:
    28
    Last Refresh:
    Feb 5 at 8:06 pm

    Property Features for 10738 County Road 100

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    3
    Parking features
    Garage
    Fireplace
    1
    Size
    3,171 SF
    Lot size
    160.00 Acres

    Utilities

    Heating system
    Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Christopher Turnbell

    GesWein Farm & Land Realty (765) 427-1619

    Listing agent Christopher Turnbell (765) 426-6666

    Listing date Jan 9, 2026

    MLS# 11629244 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Diverse 160-Acre Farm/Estate in Indiana

    This 160-acre property offers agricultural income, water features, wildlife, and a country home in a rural setting. The tract includes 65 acres of tillable ground, providing annual income while maintaining the feel of Indiana farmland. The property features over 20 acres of water in a combination of lakes and ponds, creating waterfowl habitat and recreational opportunities. The property is known for deer and turkey hunting, with food sources, cover, and water that holds wildlife. Anchoring the property is a 3,000+ square foot ranch-style brick home featuring 3 bedrooms, 2.5 bathrooms, a functional layout, and solid construction. A 2,000+ square foot unfinished basement provides potential for additional living space, a recreation room, storage, or a custom man cave. This property is suitable for those seeking rural living, farming income, recreational land, and long-term investment. Located in Clay County, this estate is suitable as a private retreat, working farm, or legacy property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Department Store Storage Facility HVAC Service Grocery & Convenience Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brazil
    County
    Clay
    State
    Indiana
    Longitude
    -87.087921
    Latitude
    39.542771

    Nearby Similar for Sale

    • $1,300,000
      14,706 SF

      Versatile Mixed-Use Property in Brazil, IN

      Spacious mixed-use property with event center, kennels, and residential features.
      5325 N Sr 59, Brazil, IN 47834
      View Details
    • $249,900

      Versatile Commercial Building on National

      All-brick commercial building with high visibility and ample parking.
      623 W National Ave, Brazil, IN 47834
      View Details
    • $1,500,000
      16.30 Acres

      Unique Wedding Venue on 16 Acres

      Established wedding venue with bookings, repurpose or continue operations.
      7831 N St Rd 59, Brazil, IN 47834
      View Details
    • $125,000
      4,800 SF

      Downtown Brazil Office with Expansion

      Spacious office in downtown Brazil with expansion potential.
      11 W National Ave, Brazil, IN 47834
      View Details
    • $695,000
      0.60 Acres

      High-Visibility Corner Lot in Brazil

      8,640 SF building on US Hwy 59 with 29 parking spaces.
      105 S Forest Ave, Brazil, IN 47834
      View Details
    • $209,900
      0.68 Acres

      Versatile Commercial Building, Brazil, Indiana

      Adaptable commercial property suited for various business uses in Brazil.
      8985 N Cr 200 Rd West, Brazil, IN 47834
      View Details
    • $209,900
      0.68 Acres

      Versatile Commercial Building, Brazil, Indiana

      Adaptable commercial property suited for various business uses in prime location.
      8985 N Cr 200 Rd West, Brazil, IN 47834
      View Details
    • $289,000
      0.84 Acres

      Highway 40 Industrial/Warehouse Opportunity

      Large warehouse on Highway 40 with expansion potential.
      4155 W Us Highway 40, Brazil, IN 47834
      View Details
    • $215,000
      0.36 Acres

      Retail/Service Opportunity in Brazil, IN

      3173 SF retail/service building on .36 acres for sale.
      640 W National Ave, Brazil, IN 47834
      View Details
    • $2,587,085
      10,640 SF

      New Development Dollar General Store

      New Dollar General store in Brazil, IN, opening February 2025.
      608 W National Ave, Brazil, IN 47834
      View Details
    • $399,900
      4,360 SF

      Prime Brazil Retail Space

      Downtown Brazil, 4360 sq ft, High Visibility
      408 National Ave, Brazil, IN 47834
      View Details
    • $1,290,000
      2.31 Acres

      Prime Brazil Retail Opportunity

      High-traffic retail site, 2.74 acres
      1922 National Ave, Brazil, IN 47834
      View Details

    FAQs

    What type of property is this?
    Farm - 160-acre property with agricultural income, water features, wildlife, and home.
    Where is this farm located?
    The property is located at 10738 County Road 100 Brazil, IN.
    What is the asking price?
    The asking price for this property is $2,375,000.
    What are key features of this property?
    This property features: - 160± acre property with 65+/- acres of tillable land providing immediate annual income.; - **Over 20+/- acres of lakes and ponds creating outstanding waterfowl habitat and year-round recreational opportunities.**; - Excellent deer and turkey hunting with proven food sources, cover, and water.
    (812) 318-4163
    Request Owner's contact information
    10738 County Road 100 Brazil, IN 47834
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10738 County Road 100
    Brazil, IN 47834
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10738 County Road 100 Brazil, IN 47834
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Christopher Turnbell
    (812) 318-4163
    Learn more
    Google sign-in failed. Please try again or use another login method.