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Farmland with Road Access
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 Market348

Property Features for S State Road 109

General Information

Property type Land
Property subtype Other
Zoning Agricultural
Zoning description Agricultur
Fencing Chain Link
Subdivision No Subdivision
Lot features Agric Land, Undeveloped
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
Tax Annual Amount 506
Legal Description PT NW1/4 & NE1/4 17-16-9 134.008A

Utilities

Sewer type Septic Needed
Water source Well Needed
Listing Agency: Highgarden Real Estate
Listed By: Albert Stancato
Added: Nov 14, 2025 Changed: Oct 8 Last Checked: Oct 28 at 3:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This 35-acre agricultural tract in Knightstown is zoned Agricultural. Two easements recorded as deed restrictions on the Loves Travel Stop provide access from State Road 109. The parcel is part of a larger seller-owned holding, but only this tract is being offered; subdivision is also an option. Well and septic systems would be needed for future development if desired, and commercial use would require rezoning.

The property is behind the Loves Travel Stop, near Interstate 70’s Knightstown Exit 115, and adjacent to the Henry County Community Health Facility. The county planning director has indicated a willingness to work with buyers on rezoning for large-scale development.

Key Highlights

  • 35‑acre agricultural tract
  • Agricultural zoning; commercial development would require rezoning
  • Two access easements connect the property to State Road 109

Property Analytics

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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
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Two recorded easements provide access from State Road 109 to the tract.
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‑acre agricultural tract; Agricultural zoning; commercial development would require rezoning; Two access easements connect the property to State Road 109
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