Productive Cash-Rented
For Sale
$294,000
Pending
SR 218, Walton, IN 46994
LAND - Walton, IN
Property SizeContact for details
Lot Size18.77 Acres
Days on Market49
Property Features for SR 218
General Information
Property type
Land
Property subtype
Other
Lot features
Level, Tillable, 15+
Elementary school
Caston
Middle school
Caston Jr/Sr
High school
Caston Jr/Sr
Elementary school district
Caston S.D.
Middle school district
Caston S.D.
High school district
Caston S.D.
Directions
US 24 East to US 35, turn left on SR 218. Property on right
Subdivision
Cass County
Standard status
Pending
APN
09-09-32-200-028.000-020
Lot size
18.77 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Ne 1/4 Nw 1/4 32 26 3e 39.26a Ne 1/4 W Pt 32 26 3e 2.50a 09-048-029
Tax Annual Amount
1700
Legal Description
Ne 1/4 Nw 1/4 32 26 3e 39.26a Ne 1/4 W Pt 32 26 3e 2.50a 09-048-029
Listing Agency:
Keller Williams Lafayette · Keller Williams Realty
(765) 807-7177
Listed By:
Elizabeth Hobbs
(317) 459-1966
Added: Jun 17
Changed: Aug 1
Last Checked: Aug 4 at 7:06AM
MLS# 202623734
Copyright © 2026 Lafayette Regional 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 agricultural land parcel offers 18.77 acres of productive vacant farmland located on SR 218 in Walton, Indiana. The property is currently cash rented, providing income-producing farmland while still allowing an owner to continue the existing lease arrangement.
The acreage was recently parceled from a larger tract and includes road frontage with convenient rural access. For buyers seeking tillable ground, this parcel provides an opportunity to add to an agricultural portfolio—whether by keeping the cash rental in place or farming the ground personally.
For mapping, the provided guidance references using 8482 SR 218, Walton, IN 46994 for GPS directions; that address is not the property address.
The acreage was recently parceled from a larger tract and includes road frontage with convenient rural access. For buyers seeking tillable ground, this parcel provides an opportunity to add to an agricultural portfolio—whether by keeping the cash rental in place or farming the ground personally.
For mapping, the provided guidance references using 8482 SR 218, Walton, IN 46994 for GPS directions; that address is not the property address.
Key Highlights
- 18.77 acres of productive vacant farmland in Walton, Indiana
- Currently cash rented for ongoing farmland income
- Located on SR 218 with road frontage and convenient rural access
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 46994, IN
2,626
Population
1,002
Households
2.6
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
57.7 sq mi
ZIP Area
46
Density / Sq Mi
$60,732
Median Household Income
$34,450
Median Earnings
$627
Median Rent
$146,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Productive farmland parcel in Walton, Indiana, totaling 18.77 acres and currently cash rented for ongoing income.
Where is this agricultural land / farmland located?
The property is located at SR 218 Walton, IN.
What is the asking price?
The asking price for this property is $294,000.
What are key features of this property?
This property features: 18.77 acres of productive vacant farmland in Walton, Indiana; Currently cash rented for ongoing farmland income; Located on SR 218 with road frontage and convenient rural access
