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Rensselaer Tillable Acreage For Sale
For Sale
$624,800

56.8 Acres W 700 N, Rensselaer, IN 47978

LAND - Rensselaer, IN

Property SizeContact for details
Lot Size56.80 Acres
Days on Market405

Property Features for 56.8 Acres W 700 N

General Information

Property type Land
Property subtype Other
Elementary school district Kankakee Valley
Middle school district Kankakee Valley
High school district Kankakee Valley
Directions Take State Road 49 South to 700 North. Property is at the corner of 49 and 700 North. Entrance is off 700 North.
Standard status Active
APN 0130080800
Lot size 56.80 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PT E 1/2 NE 25-31-6 56.8 Acres
Tax Annual Amount 851
Legal Description PT E 1/2 NE 25-31-6 56.8 Acres
Listing Agency: McColly Real Estate
Listed By: Sara Risner · License #RB14032154
Added: Jun 30, 2025 Changed: Apr 22 Last Checked: Aug 8 at 6:06AM
MLS# 823460

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property features 54.8 tillable acres with frontage on State Road 49. Approximately 2 acres are wooded. The land presents an opportunity to expand a farm portfolio. Yields are reported at 150 bushels per acre for corn and 50 bushels per acre for beans. The total lot size is 56.8 acres.

Key Highlights

  • 54.8 tillable acres offers an opportunity to add farm ground
  • Frontage on St Rd 49
  • Approximately 2 acres wooded

Property Analytics

Current Use

Farms

Suggested Use

Top Pick Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 47978, IN

10,815
Population
4,355
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
263.7 sq mi
ZIP Area
41
Density / Sq Mi
$71,359
Median Household Income
$35,486
Median Earnings
$867
Median Rent
$180,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Farm - 54.8 tillable acres with frontage on State Road 49.
Where is this farm located?
The property is located at 56.8 Acres W 700 N Rensselaer, IN.
What is the asking price?
The asking price for this property is $624,800.
What are key features of this property?
This property features: 54.8 tillable acres offers an opportunity to add farm ground; Frontage on St Rd 49; Approximately 2 acres wooded
More about this property
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