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Listed by Tyler Fritz • Whitetail Properties
$2,200,000
Est. payment /mo
181.54 Acres Lot
Active
0 S State RD Milroy, IN 46156
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UPDATED:
02/12/2025 10:42 PM
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision 106 North
MLS Listing ID 22021583
HOA Y/N No
Tax Year 2023
Lot Size 181.540 Acres
Acres 181.54
Property Sub-Type Farm
Property Description
This property offers very productive tillable acreage with income, tremendous whitetail hunting (a recent harvest was a buck over 200" gross score), over 3,000 feet of river frontage, and great timber investment! The approximate breakdown of acreage is +/- 130 FSA tillable acres and +/- 51 wooded/extra acres. The farm sets up with +/- 2/3 of the tillable portion on the top and +/- 1/3 tillable in the bottom and wooded fingers with ridges and ravines mixed in between. The average NCCPI score is 74.59 and WAPI for corn is 137.92 and WAPI for soybeans is 48.27. The owner receives close to $30,000 per year in income from the tillable portion with tenancy open for the 2026 growing season. The wooded portion of the property offers a future investment opportunity. Out of the +/- 51 of wooded/extra acreage, approximately +/- 31 acres consists of dense black walnuts ranging in age and size. There are other mature hardwoods mixed in but the black walnut are the shining star. The understory is very diverse and provides cover for wildlife but is not full of invasive species like a lot of woodlots in Eastern Indiana. With some good timber management, this section could pay high dividends later on down the road. The ridges and ravines create perfect travel corridors for whitetail and great hunting opportunities. The current owners have harvested some great bucks over the years including one over 200"! Genetics play a crucial role in opportunities for trophy class deer and this property has them! There are 2 gas wells on the property. The southeastern border of the property is +/- 3,000' of Little Flat Rock River. There are potential new opportunities coming soon from the Rush County NRCS that could pay you as an owner to create wildlife habitat and earn income on the bottom land acreage that is close to or even above the current rent values. Contact the listing land specialist to hear these details or to inquiry further about this opportunity.
Location
State IN
County Rush
Zoning Agriculture
Interior
Fireplace N
Exterior
View Y/N true
View Forest, Pasture, River, Rural, Trees/Woods, Water
Building
Sewer Septic Needed
Water Private Well
New Construction false
Schools
Elementary Schools Milroy Elementary School
Middle Schools Benjamin Rush Middle School
High Schools Rushville Consolidated High School
School District Rush County Schools
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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