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Property profile & analytics
OFF-MARKET
Land

0 State Road 44 Franklin, IN 46131

49.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 49.6-acre property in Franklin, Indiana presents a unique investment opportunity. The land is comprised of approximately 36.5 acres of highly productive tillable land, currently planted in corn, and approximately 12.4 acres of wooded area. Johnson County GIS data indicates the tillable land consists primarily of Rs soil – well-drained loamy alluvium, known for high yields. The wooded portion features frontage along winding Sugar Creek, abundant deer sign, and mature trees including oaks and black walnuts (see photos). Convenient access is provided by an INDOT driveway directly off State Road 44, just three miles east of the I-65 exit in Franklin. This rectangular tract offers a blend of agricultural and recreational potential. Note that an additional 33.67 adjacent acres (10 acres tillable, 23.67 acres wooded) are also available for purchase separately. The property's APN is 41-07-10-044-001.000-017. The asking price for this 49.6-acre parcel is $650,000. This property is located at 0 E State Road 44, Franklin, IN 46131.

Property profile
Verified
Property type Land
Lot 49.6 ac (2,160,576 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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