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Irrigated Tillable Farm Ground
For Sale
$1,074,450

5500 E 1550 N Road, Elnora, IN 47529

LAND - Elnora, IN

Property SizeContact for details
Lot Size82.65 Acres
Days on Market249

Property Features for 5500 E 1550 N Road

General Information

Property type Land
Property subtype Other
Lot features Irregular, Level, Slope, Tillable, 15+, Rural
Elementary school North Daviess
Middle school North Daviess
High school North Daviess
Elementary school district North Daviess Community School Corp.
Middle school district North Daviess Community School Corp.
High school district North Daviess Community School Corp.
Directions From Elnora, East on HWY 57. Turn east on CR 1500N. Turn north on CR 600 N. Turn West on CR 1550 N. Field starts 1/4 mile on north side of the road to the intersection of I-69
Subdivision Daviess County
Standard status Active
APN 14-02-10-500-001.000-005
Lot size 82.65 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description PT N 1/2 10-5-6 82.65
Tax Annual Amount 2198
Legal Description PT N 1/2 10-5-6 82.65
Listing Agency: Vic Hopkins Agency
Listed By: Roger Callahan · License #RB25001044
Added: Dec 17, 2025 Changed: Jul 6 Last Checked: Aug 23 at 8:06AM
MLS# 202549152

Copyright © 2026 Southwest 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 offering includes 82.65 acres of all-tillable farm ground with irrigation and a documented history of grain crop production. The property features relatively flat topography with sandy loam soils, supporting broad tillage use for row-crop operations. The seller is also open to negotiating consideration for inputs related to the 2026 planting season at the time of sale.

The land is located at 5500 E 1550 N Road in Elnora, Indiana, within Daviess County. Prospective buyers should review the site conditions and irrigation setup as part of their due diligence, including fit for their planned crop and farming approach.

For agricultural buyers, this property is well-suited to owner-operators seeking productive tillable acreage, as well as tenant farming arrangements where irrigation and soil consistency matter. It may also appeal to agricultural investors looking for established, tillable ground with irrigation in place. Final terms related to planting inputs are to be determined during the sale process for the 2026 season.

Key Highlights

  • 82.65 acres of all‑tillable farm ground with a history of grain crop production
  • Irrigated farmland with relatively flat topography
  • Sandy loam soils

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Big Box & Wholesale Store Hair Salon Nail Salon Grocery & Convenience Store Spa & Massage Center Food Market

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

2
Businesses Nearby

Demographics for 47529, IN

1,004
Population
449
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
81%
High-School Grad
31.3 sq mi
ZIP Area
32
Density / Sq Mi
$74,750
Median Household Income
$41,631
Median Earnings
$763
Median Rent
$127,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - All-tillable farm ground with irrigation and sandy loam soils, suitable for owner-operators or tenant farming in Elnora.
Where is this agricultural land / farmland located?
The property is located at 5500 E 1550 N Road Elnora, IN.
What is the asking price?
The asking price for this property is $1,074,450.
What are key features of this property?
This property features: 82.65 acres of all‑tillable farm ground with a history of grain crop production; Irrigated farmland with relatively flat topography; Sandy loam soils
More about this property
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