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    56+/- Acres Charming Homestead With Multiple Outbuildings Orange, IN 46133

    For Sale
    $795,900

    Rural living, multiple outbuildings, recreational land.

    Property size:
    1,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 59+/- acre property in Fayette County, Indiana presents a unique blend of comfortable living and diverse recreational opportunities. The main residence boasts 1,560 square feet, offering three bedrooms and one and a half bathrooms. The property's significant outbuildings enhance its versatility. A newly constructed 64x48 foot pole barn features heated floors, a full bathroom, 200-amp electrical service, and a substantial 100x10 foot front porch, ideal for various uses. A second 36x40 foot barn includes animal stalls and an office, perfect for livestock or agricultural pursuits. The land itself is primarily wooded, containing marketable timber including red oak, black oak, and poplar. A well-maintained trail system facilitates easy navigation throughout the property. Recreational features include a children's tree house. Agricultural potential is further enhanced by a quarter-acre fenced pasture and an additional 6+/- acres of non-fenced pasture suitable for hay production or grazing. The property's APN numbers are 21-08-19-100-002.000-001, 21-08-19-100-003.000-001, 21-08-19-100-015.000-001, and 21-08-18-300-013.000-001. The asking price is $795,900. This property offers a unique combination of comfortable living space, agricultural potential, and abundant recreational opportunities, making it an ideal investment. Located in Glenwood, Indiana, zip code 46133.

    Property Features for 0 56+/- Acres Charming Homestead With Multiple Outbuildings

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,560 SF
    Lot Size
    2,570,040 SF

    HighLights

    • 59+/- acres of mixed‑use land in Fayette County, Indiana.
    • Main residence: 1,560 sq ft, 3 bedrooms, 1.5 baths.
    • New 64x48 ft pole barn with heated floors, full bath, 200‑amp service, and 100x10 ft porch.
    • 36x40 ft barn with animal stalls and office.
    • Primarily wooded with marketable timber (red oak, black oak, poplar); established trail system.
    • 0.25‑acre fenced pasture; 6+/- acres of additional pasture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Orange
    County
    Fayette
    State
    Indiana
    Longitude
    -85.3032811
    Latitude
    39.5881004

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    FAQs

    What type of property is this?
    Multifamily property - Rural living, multiple outbuildings, recreational land.
    Where is this multifamily property located?
    The property is located at 56+/- Acres Charming Homestead With Multiple Outbuildings Orange, IN.
    What is the asking price?
    The asking price for this property is $795,900.
    What are key features of this property?
    This property features: 59+/- acres of mixed-use land in Fayette County, Indiana.; Main residence: 1,560 sq ft, 3 bedrooms, 1.5 baths.; New 64x48 ft pole barn with heated floors, full bath, 200-amp service, and 100x10 ft porch.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    56+/- Acres Charming Homestead With Multiple Outbuildings Orange, IN 46133
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