Property profile

0 State Road 44 Franklin, IN 46131

OFF-MARKET
Land
49.6 ac lot
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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

Location

State Road 44 Franklin, IN 46131
Franklin metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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