550 South St Lafayette, IN 47901
- Land
- 95.00 lot acres
Current Use by Public Records
- Land
Property Details for 550 South St
- Lot size
- 95.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 95-acre agricultural property presents a unique investment opportunity. Located in Lafayette, Indiana, near the intersection of US 231 and the Raineybrook Subdivision, this transitional farmland boasts approximately 90 FSA tillable acres, ideal for expansion or development. Its strategic location offers convenient access to Lafayette's amenities while maintaining a rural setting. The property is classified as Surety WAPI 150.5, indicating its high-quality soil. This online auction, scheduled for November 12th, 2024, from 12 PM to 5 PM EST, offers phone bidding for added convenience. Don't miss this chance to acquire a valuable asset in a rapidly growing area. The property is zoned for agricultural use ("Ag") and presents significant potential for future development given its proximity to established residential areas. Detailed information, including the bidder packet, is available. This is an excellent addition to any farmland portfolio or investment strategy. The property is being sold by the Ronald E and Katherine O Denhart Trust.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Tippecanoe
- State
- Indiana
- Longitude
- -86.9399
- Latitude
- 40.3394