$279,900
$20K PRICE DROP

0 Indiana 61 Unit LotWP001 Petersburg, IN 47567

Estimated payment $1,752/month

40 Acres
$6,998 Price per Acre
1,742,400 Sq Ft Lot

About This Lot

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.

Listing Agent

Zach Holt

Whitetail Properties Real Estate Listed on: 10/05/2024

Whitetail Properties Real Estate
Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Current uses include row crop
  • Potential uses include for development

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 812-887-2954
  • Listing Website: https://www.land.com/property/40-acres-in-pike-county-indiana/21685365/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Lot Info

  • Current Use: Row Crop

Multi Family

  • Utilities Available: Electric Avail On Site, Gas Avail. On Site

Map

Range of Values:

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2025 08/21/25 Price Changed $279,900 -6.7% --
10/05/2024 10/05/24 For Sale $299,900 -- --