Income-Producing Agricultural
New
For Sale
$394,900
5200 CR 427, Auburn, IN 46706
The acreage supports agricultural activity and billboard advertising, with R1 zoning and municipal water and sewer across the road.
Property SizeContact for details
Days on Market4
Property Features for 5200 CR 427
General Information
Standard status
Active
Property subtype
Vacant Land
Amenities
Lot Size Acres: 14.62
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Listing Agency:
Schrader Real Estate and Auction Company, Inc.
Listed By:
Steven Coil
(800) 451-2709
Source:
Doyle-realty
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 10 at 2:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schrader Real Estate and Auction Company, Inc.
Investment Insights
Based on property information with market context.
This agricultural property covers approximately 14.62 acres and is zoned R1 for residential use. Current activity includes farming and billboard advertising, providing two distinct income sources. USDA Form FSA-156EZ identifies approximately 13.37 acres as cropland.
The land is within Auburn city limits. City water and sewer are available across the street; any connection or development would remain subject to utility-provider review, zoning, applicable regulations, and required approvals. The property is described as divisible, subject to those requirements.
The land is within Auburn city limits. City water and sewer are available across the street; any connection or development would remain subject to utility-provider review, zoning, applicable regulations, and required approvals. The property is described as divisible, subject to those requirements.
Key Highlights
- Approximately 14.62+/- acres of land
- 13.37+/- cropland acres per USDA Form FSA‑156EZ
- Existing farm and billboard income sources
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
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Business Placement
Demographics for 46706, IN
19,995
Population
8,336
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
95%
High-School Grad
87.9 sq mi
ZIP Area
227
Density / Sq Mi
$76,288
Median Household Income
$43,617
Median Earnings
$829
Median Rent
$194,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - The acreage supports agricultural activity and billboard advertising, with R1 zoning and municipal water and sewer across the road.
Where is this agricultural land / farmland located?
The property is located at 5200 CR 427 Auburn, IN.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: Approximately 14.62+/- acres of land; 13.37+/- cropland acres per USDA Form FSA‑156EZ; Existing farm and billboard income sources
