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SR 61

Petersburg, IN, 47567

Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner’s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.
County
Pike County
Lot Size
40.0000
Subdivision
None
Annual Taxes
446.00
Association Dues
0.00
District
Pike County School Corp.
Elementary
Petersburg
Middle School
Pike Central
High School
Pike Central
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Zach Holt of Whitetail Properties Real Estate, 812-887-2954.

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What is a Home Inspection?
A Home Inspection is an inspection of the home conducted by a certified Home Inspector. The Home Inspector completes a thorough examination of the home from the roof down to the foundation and the exterior of the house. They check to see if there are any major or minor problems. The inspector will point out any visible structural or system deficiencies. The inspector will give a full written report to the purchaser once the inspection and report is complete.

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Disclaimer

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: November 21, 2024, 4:00 am
IDX information provided by the Indiana Regional MLS