Property summary
Ironwood Farms presents a unique investment opportunity in Boone County, Indiana. This exceptional 27.49-acre property, situated on US-52 in Thorntown, seamlessly blends a thriving U-Pick farm with a newly constructed (2022) 3,800 square foot event venue. The main building boasts a modern farmhouse aesthetic, ideal for weddings, family gatherings, and other events, accommodating up to 100 guests. Floor-to-ceiling windows offer stunning views of the on-site pond and wooded areas, complemented by multiple outdoor patios and a second-floor bridal suite with a private sitting area. The existing catering kitchen is designed for expansion into a full-service commercial kitchen. The property includes ample parking for 80-100 vehicles, ADA accessibility, and a commercial well and septic system. Beyond the main building, approximately 10 acres are dedicated to a U-Pick farm, currently cultivating over 30 varieties of fruits and vegetables. Additional features include designated campsite/fire pit areas perfect for "glamping" and fall events, and wildflower fields for U-Pick flowers. An apple and plum orchard is expected to bear fruit by 2025. The property is zoned for both agricultural and commercial use, offering significant potential for future development. The asking price is $1,690,000, representing a price per square foot of $444.74 and a land value of $67,297.20 per acre. This turnkey operation offers immediate income potential and long-term growth opportunities.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight