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Lot/land
  • $299,900

    Off Sr LOT WP001-61, Petersburg, IN 47567

    --beds
    --baths
    --sqft
    Unimproved Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    320 days
    on Zillow
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    13
    |
    0
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    Zillow last checked: August 20, 2025 at 12:00am

    Listed by:

    Kris Christianson,

    Whitetail Properties

    Source: Whitetail Properties,MLS#: 90984

    Facts & features

    Interior

    Features
    • Has basement: Yes
    • Has fireplace: No

    Community & HOA

    Location
    • Region: Petersburg

    Financial & listing details

    • Date on market: 10/5/2024
    • Lease term: Contact For Details
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