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Property profile & analytics
OFF-MARKET
Land

Rensselaer, IN 47978

175 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 175 acres of productive farmland in Jasper County, Indiana, conveniently located six miles southeast of Rensselaer and seven miles northeast of Remington. The property is offered in three distinct tracts: Tract 1 encompasses 40 acres, with 39.02 acres tillable; Tract 2 comprises 55 acres, featuring 53.5 acres of tillable land; and Tract 3 offers 80 acres, with 77.71 acres suitable for cultivation. Annual real estate taxes are: Tract 1 - $591.51; Tract 2 - $827.20; and Tract 3 - $1,245.50. This versatile land offers significant potential for agricultural endeavors. The property's strategic location provides easy access to local amenities and transportation routes. An online auction will be held on November 21, 2024, commencing at 10:00 AM and concluding at 6:00 PM. Detailed information and registration for bidding are available on the auction website. This is a rare chance to acquire high-quality farmland in a desirable location. Don't miss this opportunity to expand your agricultural holdings or build a strong investment portfolio.

Property profile
Verified
Property type Land
Lot 175 ac (7,623,000 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
AI Approach AI
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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