99.83+/- Acres Recreational Property With Income Producing Crop Acres Laurel, IN 47024
- Land
- 99.83 lot acres
Current Use by Public Records
- Land
Property Details for 0 99.83+/- Acres Recreational Property With Income Producing Crop Acres
- Lot size
- 99.83 lot acres
- Property type
- Land
Description
This expansive 99.83+/- acre property in Franklin County, Indiana, presents a unique blend of income generation and recreational opportunities. Approximately 36+/- acres are tillable cropland, currently leased and generating $7,200 in annual income. The property boasts 4,000 feet of road frontage, ensuring easy access. Little Salt Creek flows through the land, adding to its natural beauty. The diverse terrain is ideal for various activities, including hunting (excellent deer hunting potential), hiking, bird watching, and ATV riding. Its size and resources make it suitable for homesteading. The property is located in Laurel, IN, 47024, with APN 24-01-26-100-003.000-013. 2022 taxes were $752.80. This mixed-use property offers a compelling investment opportunity, combining income potential with recreational enjoyment in a tranquil Indiana setting. The legal description is: pt nw 26 12 11 99.83 a.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laurel
- County
- Franklin
- State
- Indiana
- Longitude
- -85.2101
- Latitude
- 39.4914
