0 County Road 150 New Castle, IN 47362

Exceptional investment opportunity: 23+/- acres of prime Henry County, Indiana land in New Castle (zip code 47362) is now available for $200,000. This property features approximately 21+/- acres of FSA cropland currently under an open farm lease for 2024, offering immediate income potential. The diverse soil composition includes CrA Crosby silt loam, MmB2 Miamian silt loam, LhC3 Losantville clay loam, LeC2 Losantville silt loam, Cy Cyclone silty clay loam, LhD3 Losantville clay loam, CeB2 Celina silt loam, and EdC2 Eldean silt loam, ensuring high fertility and productivity. The land boasts a Weighted Average Productivity Index (WAPI) of 135.6. Beyond its agricultural potential, this strategically located property presents significant development opportunities for future home sites or other commercial ventures. Its versatile nature makes it an attractive asset for investors, developers, and farmers alike. Located on E County Rd 150 N, this property offers a unique blend of income generation and future growth potential. Don't miss this chance to acquire a highly productive and versatile land parcel in a desirable location.