$395,000

0 U S 31 Unit 202523718 Rochester, IN 46975

Estimated payment $2,246/month

Total Views 178
26 Acres
$15,192 Price per Acre
1,132,560 Sq Ft Lot

About This Lot

Prime 26± Acre Development Opportunity – Corner of Southway 31 & U.S. 31 – Rochester, IN | Fulton County Unlock the potential of this 26± acre tract perfectly positioned at the high-visibility corner of Southway 31 (Liberty Road) and U.S. 31, just minutes from downtown Rochester and Lake Manitou. With approximately 1,200 feet of frontage on U.S. 31 and 700 feet along Southway 31, this parcel offers exceptional exposure and accessibility for a wide range of business, commercial, or investment ventures. Strategically located between Indianapolis and South Bend, this site benefits from strong traffic flow along the major north-south corridor of U.S. 31. Whether you're a developer, investor, or entrepreneur—large or small—this location is primed for growth and visibility. Property Highlights: 26± Acres of Vacant Land Excellent Road Frontage: ~1,200’ on U.S. 31, ~700’ on Southway 31 Access via Southway 31 (Liberty Road) Utilities Available at Road: Electric & Natural Gas Current Use: Income-producing farmland, cash rented at ~$200/acre Renter Willing to Continue with New Buyer Low Annual Taxes: Approx. $430–$550 Wooded Tree Line Through Property – Ideal for Recreational Use or Hunting Proximity to Highways 25 & 14 Whether you're planning a commercial build, land bank investment, or mixed-use development, this property offers versatility, visibility, and strong income potential. Don’t miss your chance to invest in one of Rochester’s most promising land opportunities.

Listing Agent

Ty Mills

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 06/20/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $550

Lot Details

  • 26 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Schools

  • Columbia / Riddle Elementary School
  • Rochester Community Middle School
  • Rochester Community High School

Utilities

  • Heating System Uses Gas
  • Well Required

Additional Features

  • Suburban Location
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 25-07-16-300-002.010-008

Property Details

Property Type

Land

Est. Annual Taxes

$550

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: S Div Sw Frl 16-30-3 25.776a
  • Parcel Number ID: 25-07-16-300-002.010-008
  • Platted: Yes
  • Location: Suburb, Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: Undeveloped, Tillable
  • Can Be Subdivided: Yes
  • Options: Sell Entirely, Will Divide
  • Side Of Road: South, East
  • Type Use: Agriculture
  • Year Taxes Payable: 2025
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well Needed
  • Fuel Type: Gas

Schools

  • School District: Rochester Community School Corp.
  • Elementary School: Columbia / Riddle
  • Middle School: Rochester Community
  • High School: Rochester Community
  • Elementary School: Columbia / Riddle

Lot Info

  • Lot Dimensions: 25.776 acres +/-
  • Estimated Lot Sq Ft: 1132560
  • Estimated Lot Size Acres: 26

Tax Info

  • Annual Taxes: 550

MLS Schools

  • High School: Rochester Community
  • Middle School: Rochester Community
  • School District: Rochester Community School Corp.

Map

Range of Values:

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Average Value
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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $561 $48,500 $48,500 $0
2023 $575 $40,400 $40,400 $0
2022 $466 $31,900 $31,900 $0
2021 $438 $27,500 $27,500 $0
2020 $464 $26,800 $26,800 $0
2019 $523 $32,600 $32,600 $0
2018 $562 $33,700 $33,700 $0
2017 $594 $38,700 $38,700 $0
2016 $659 $41,000 $41,000 $0
2014 $574 $42,900 $42,900 $0
2013 $574 $36,800 $36,800 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $395,000 -- --
Source: Indiana Regional MLS

Similar Property in Rochester, IN

  • 1020 N 700 E, Rochester, IN 46975

    $435,000

    • Land
    • 20 Acres
    • $22,081 per Acre
    • 1020 N 700 E
    • Rochester, IN

    19.7 acres of farm ground, nearly all is tillable. Land is currently cash leased through 2025.

    Shannon Miller True Realty

    Section Image

Source: Indiana Regional MLS

MLS Number: 202523718

Indiana Regional MLS

APN: 25-07-16-300-002.010-008