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Tillable Farm Land

56.8 Acres W 700 N, Rensselaer, IN 47978

For Sale
$624,800

Land, Rensselaer, IN

Property SizeContact for details
Lot Size56.80 Acres
Days on Market496

Property Features for 56.8 Acres W 700 N

General Information

Property type Land
Property subtype Other
Elementary school district Kankakee Valley
Middle school district Kankakee Valley
High school district Kankakee Valley
Directions Take State Road 49 South to 700 North. Property is at the corner of 49 and 700 North. Entrance is off 700 North.
Standard status Active
APN 0130080800
Lot size 56.80 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PT E 1/2 NE 25-31-6 56.8 Acres
Tax Annual Amount 851
Legal Description PT E 1/2 NE 25-31-6 56.8 Acres
Listing Agency: McColly Real Estate
Listed By: Sara Risner · License #RB14032154
Added: Jun 30, 2025 Changed: Aug 19 Last Checked: Nov 7 at 10:06AM
MLS# 823460

Copyright © 2026 Greater Northwest 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.

Rey
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Investment Insights

Based on property information with market context.

This farm property comprises 56.8 acres, including 54.8 tillable acres and approximately 2 acres of woods. The tract offers agricultural ground with frontage on St Rd 49 and a mix of productive open acreage and wooded land.

Reported yields are 150 bushels per acre for corn and 50 bushels per acre for beans. The property is located in Rensselaer, Indiana, within Jasper County.

Key Highlights

  • 56.8 total acres
  • 54.8 tillable acres
  • Approximately 2 acres wooded

Property Analytics

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Open Analytics

Current Use

Farms

Location Intelligence

Trade Area within ½ mile

Demographics for 47978, IN

10,815
Population
4,355
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
263.7 sq mi
ZIP Area
41
Density / Sq Mi
$71,359
Median Household Income
$35,486
Median Earnings
$867
Median Rent
$180,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Farm - Agricultural acreage with road frontage and a wooded component.
Where is this farm located?
The property is located at 56.8 Acres W 700 N Rensselaer, IN.
What is the asking price?
The asking price for this property is $624,800.
What are key features of this property?
This property features: 56.8 total acres; 54.8 tillable acres; Approximately 2 acres wooded
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