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Property profile & analytics
OFF-MARKET
Land

0 29+/- Acre Tranquil Project Home & Private Lk Raysville, IN 46148

29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 29+/- acre property in Henry County, Indiana, presents a unique investment opportunity. The centerpiece is a project home situated on a serene 5+/- acre man-made lake. Two barns enhance the property's versatility; one features a three-car garage and electricity, while the other is under conversion into a barndominium, currently possessing electricity and a single-car garage, but requiring plumbing and finishing. The expansive 24+/- acres of pastureland offer ample space for various agricultural or recreational uses, such as livestock or equestrian activities. The lake, once stocked, will provide excellent fishing opportunities. The property's blend of natural beauty, functional outbuildings, and potential for customization makes it ideal for creating a personalized rural retreat, hobby farm, or other commercial venture. Located near Knightstown, Indiana, with easy access via 46148 zip code, this property offers a tranquil setting with significant potential for development and enjoyment. The asking price is $439,000.

Property profile
Verified
Property type Land
Lot 29 ac (1,263,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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