$724,000

10624 N 200 W Alexandria, IN 46001

Estimated payment $4,156/month

Total Views 23,140
4 Beds
1 Bath
2,232 Sq Ft
$324 Price per Sq Ft

About This Home

Madison County Farm with Income Potential!

Land for sale in Madison County, Indiana, with this exceptional 60+/- acre farm! Offering a perfect blend of pastoral beauty and practical functionality, this property is ideal for livestock enthusiasts, hobby farmers, or those seeking a peaceful rural retreat.

Key Features:
Expansive Acreage: Nearly 60 total acres, with over 57 acres meticulously fenced, ready for your cattle or horses.
Versatile Land: Currently utilized as lush pasture, this land boasts the potential for conversion back to approximately 30 acres of tillable ground, offering diverse agricultural opportunities.
Excellent Road Frontage: Enjoy convenient access from two separate locations along N 200 W, providing ease of entry and exit.
Sturdy Barn: A substantial block foundation barn, measuring 35' x 48', features a solid concrete floor and a spacious hay loft of the same dimensions, providing ample storage and workspace.
Water Access: A dedicated feedlot with readily available water ensures the well-being of your livestock.
Income-Generating Farmhouse: A classic 4-bedroom, 1-bathroom farmhouse currently leased for $750 per month until June 2025, offering immediate income potential.

Property Highlights:
Ideal for cattle or horse farming.
Potential for tillable land conversion.
Excellent road access.
Large, functional barn.
Water at feedlot.
Currently producing income.
Taxes $2,860 / year.

Location:

Nestled in the heart of Madison County, Indiana, and less than 3 miles from Alexandria, this farm offers rural living while remaining within easy reach of local amenities. Experience the charm of country life with the convenience you need.

Don't miss this opportunity to own a beautiful Madison County farmland! Contact Chad Renbarger at 317-418-7712 today to schedule a private showing.

Listing Agent

Chad Renbarger

Mossy Oak Properties Indiana Land & Lifestyle License #RB16001466 Listed on: 03/20/2025

Listing Provided By

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,804

Lot Details

  • Current uses include row crop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,804

Lot Details

0

Listing Details

  • Bedrooms: Beds: 4
  • BathsCombined: 1
  • Office Phone: 317-418-7712
  • Listing Website: https://www.land.com/property/59.92-acres-in-madison-county-indiana/22946093/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Equestrian Center

Lot Info

  • Current Use: Row Crop
  • Lot Description: Horses Permitted

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 $1,804 $97,500 $22,300 $75,200
2023 $1,797 $90,200 $21,800 $68,400
2022 $1,685 $88,800 $20,800 $68,000
2021 $1,714 $79,700 $20,200 $59,500
2020 $1,532 $76,000 $19,200 $56,800
2019 $1,549 $76,000 $19,200 $56,800
2018 $1,384 $72,500 $19,200 $53,300
2017 $1,195 $75,900 $19,200 $56,700
2016 $1,149 $73,900 $18,700 $55,200
2014 $1,089 $76,100 $19,400 $56,700
2013 $1,089 $73,900 $19,400 $54,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $724,000 -- $494 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Deed $70,000 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

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