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State Road 46 Center Point, IN 47840

For Sale
$590,000

Farm - Center Point, IN

Type:Farm
Lot size:
58.46 Acres
Days on Market:
19
Last Refresh:
Dec 5 at 10:06 pm

Property Features for State Road 46

General Information

Property type
Farm
Property subtype
Farm
Standard status
Active
Zoning
ag
Lot size
58.46 Acres

Building Details

Architectural style
Other

MOSSY OAK PROPERTIES INDIANA LAND AND LIFESTYLE (765) 505-4155

Listing agent CALEB EMRICK (765) 505-4155 License #RB18001065

Listing date Nov 17, 2025

MLS# 107664 Listing URL

Copyright © 2025 Terre Haute Area 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.


Overview

Income-Producing Land Near Center Point

Located just south of State Road 46 on County Road 300 East in Clay County near Center Point, Indiana, this 58-acre property offers income production, natural beauty, and investment stability. The land includes 36 acres of productive tillable ground and timbered acreage, providing multiple income sources and long-term potential. Active oil wells on the property generate approximately $12,000 per year, with expected increases in production. Additionally, the tillable acres generate $7,200 per year in farm rent. The wooded portions of the property offer hunting, recreation, and future timber value. A recent appraisal values the property at $631,684. The property is conveniently located near Center Point and just minutes from State Road 46, combining accessibility with a country setting. This property presents an opportunity to own a diverse, income-producing property with verified market value.
Property Profile Location Intelligence

Current Use by Public Records

Farms

Map

City
Center Point
County
Clay
State
Indiana
Longitude
-87.109
Latitude
39.386935

FAQs

What type of property is this?
Farm - 58 acres with income, recreation, and investment potential.
Where is this farm located?
The property is located at State Road 46 Center Point, IN.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: - Income-producing property: Active oil wells generate approximately $12,000/year with growth potential, plus $7,200/year in farm rent.; - Offered at appraised value: Recently appraised at $631,684, providing immediate equity.; - 58 acres with a balance of 36 acres of tillable land and wooded acreage.
More about this property
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