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Agricultural Land Tract
For Sale
$2,625,000

S State Road 109, Knightstown, IN 46148

Land, Knightstown, IN

Property SizeContact for details
Lot Size35.00 Acres
Days on Market299

Property Features for S State Road 109

General Information

Property type Land
Property subtype Other
Zoning Agricultural
Fencing Chain Link
Subdivision No Subdivision
Elementary school district South Henry School Corp
Middle school district South Henry School Corp
High school district South Henry School Corp
Directions GPS Friendly
Standard status Active
APN 331608000305000029
Lot size 35.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PT NW1/4 & NE1/4 17-16-9 134.008A
Legal Description PT NW1/4 & NE1/4 17-16-9 134.008A

Utilities

Sewer type Septic Needed
Listing Agency: Highgarden Real Estate
Listed By: Albert Stancato · License #RB16000255
Added: Nov 14, 2025 Changed: Aug 28 Last Checked: Sep 9 at 4:06PM
MLS# 22073598

Copyright © 2026 Broker Listing Cooperative®. 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 35-acre farmland parcel is offered as a standalone tract within a larger ownership. The property is currently zoned Agricultural and would require commercial rezoning before commercial development. Seller will consider dividing the land among multiple buyers. Septic and well installation would be required if those systems are pursued for future development.

Access is provided by two easements recorded as deed restrictions on the Loves Travel Center, connecting the property to State Road 109. The tract is positioned near the Knightstown Interstate 70 Exit 115 and directly behind the Loves Travel Stop. It also adjoins the new Henry County Community Health Facility, placing the parcel within a documented commercial growth corridor.

Key Highlights

  • 35 acres of farmland offered as a specific parcel
  • Agricultural zoning; commercial rezoning required for commercial development
  • Two recorded easements provide access from State Road 109

Property Analytics

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Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 46148, IN

4,859
Population
2,137
Households
2.3
Avg Household Size
44
Median Age
22%
College-Educated
95%
High-School Grad
51.1 sq mi
ZIP Area
95
Density / Sq Mi
$62,951
Median Household Income
$44,236
Median Earnings
$849
Median Rent
$180,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Agricultural zoning, recorded access easements, and proximity to I-70 support evaluation for future commercial rezoning.
Where is this agricultural land / farmland located?
The property is located at S State Road 109 Knightstown, IN.
What is the asking price?
The asking price for this property is $2,625,000.
What are key features of this property?
This property features: 35 acres of farmland offered as a specific parcel; Agricultural zoning; commercial rezoning required for commercial development; Two recorded easements provide access from State Road 109
More about this property
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