Agricultural Land
For Sale
$495,000
5 US 27, Richmond, IN 47374
Land, Richmond, IN
Property SizeContact for details
Lot Size47.59 Acres
Days on Market301
Property Features for 5 US 27
General Information
Property type
Land
Property subtype
Other
Zoning
Agricultural
Lot features
Cleared
Elementary school
Charles Elementary
High school
Richmond High School
Elementary school district
Richmond Community
Middle school district
Richmond Community
High school district
Richmond Community
Subdivision
Wayne
Standard status
Active
APN
89-18-17-000-401.004-028
Lot size
47.59 Acres
Listing Agency:
Whites Realty
(765) 647-1922
Listed By:
Andrea White
(513) 260-3724
Added: Nov 21, 2025
Changed: Sep 8
Last Checked: Sep 18 at 6:06PM
MLS# 206440
Copyright © 2026 Southeastern Indiana Board 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 47.59-acre agricultural land tract is zoned Agricultural and includes electric service availability. The property offers an expansive setting for farming or other uses consistent with applicable requirements, with existing ingress and egress easements remaining in place.
The tract fronts US 27 in Richmond, Indiana. Any new driveway connections along US 27 require approval from INDOT. Buyers considering construction will need to address water availability through Indiana American Water Company, along with percolation testing and septic site approval through the Wayne County Health Department. The parcel is also subject to the City of Richmond Department of Infrastructure & Development guidelines.
The tract fronts US 27 in Richmond, Indiana. Any new driveway connections along US 27 require approval from INDOT. Buyers considering construction will need to address water availability through Indiana American Water Company, along with percolation testing and septic site approval through the Wayne County Health Department. The parcel is also subject to the City of Richmond Department of Infrastructure & Development guidelines.
Key Highlights
- 47.59‑acre agricultural land tract
- Agricultural zoning
- Electric service is available
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 47374, IN
45,304
Population
21,553
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
119.8 sq mi
ZIP Area
378
Density / Sq Mi
$52,566
Median Household Income
$34,168
Median Earnings
$816
Median Rent
$121,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Agricultural zoning and available electric service support evaluation of this sizable rural tract.
Where is this agricultural land / farmland located?
The property is located at 5 US 27 Richmond, IN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 47.59‑acre agricultural land tract; Agricultural zoning; Electric service is available
