2554 In-32 Covington, IN 47932

This exceptional investment opportunity encompasses a sprawling 406+/- acre property in Fountain County, Indiana, near Covington (zip code 47932, address 2554 IN-32). The land is zoned for agricultural use and presents a multitude of revenue streams. The property boasts 299+/- acres of high-quality tillable land with a Surety WAPI of 163.4, ideal for farming operations. Complementing the tillable acreage are approximately 90+/- acres of established timber stands, offering further investment potential. Additionally, there are 30+/- acres of fenced pasture, perfect for livestock. A four-bedroom, one-bathroom farmhouse with 2,496 square feet provides existing living quarters or potential for renovation/re-sale. Multiple potential homesites exist, allowing for future development. This turnkey farm and ranch is being offered via online and phone bid auction on November 26th, 2024. Inspections are scheduled for November 9th and 16th, from 10 AM to 2 PM. This property offers maximized investment value through its diverse revenue streams and significant acreage.