Current Use by Public Records
- Land
Property Details for Homes Barns & Pond 46.61 +/- Acres Rural Est
- Lot size
- 46.61 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This expansive 46.61+/- acre property in Tipton County, Indiana, presents a unique blend of agricultural opportunity and comfortable living. Strategically located near Kokomo, between Indianapolis and South Bend, it boasts 30+/- acres of productive cropland, generating a 2.9% return on investment. Two income-producing homes provide multi-generational living potential or rental income streams. Three spacious barns offer ample storage and workspace for equipment or livestock. Additional features include a pond and a 5' perimeter fence. The property enjoys 2770 feet of paved road frontage, ensuring easy access and excellent visibility. This exceptional offering combines agricultural potential with convenient access to urban amenities, making it an ideal investment for those seeking a profitable and versatile rural property. The asking price is $950,000, and the property is zoned for agricultural and commercial use. This is a rare opportunity to acquire a well-maintained, income-generating property with significant long-term potential. The zip code is 46036.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elwood
- County
- Tipton
- State
- Indiana
- Longitude
- -85.8281
- Latitude
- 40.2951
