155 S 575 E Fair Oaks, IN 47943
Roselawn NeighborhoodEstimated payment $4,475/month
About This Lot
Located in both Newton and Jasper Counties, this 76 +/- acre income-producing farm offers an incredible opportunity for farmers, investors, or those looking to build their future home. Property Highlights: Prime Location: Just one mile from the Interstate 65 on-ramp, providing easy access to Chicago, Lafayette, and Indianapolis. The property is also just down the road from Fair Oaks Farms, a well-known agritourism destination and family attraction. Acreage: The majority of the land is productive tillable acreage, generating annual income and suitable for continued farming or leasing. Road Frontage: Excellent access with frontage on both the north and west sides of the property. Potential Building Sites: Multiple ideal locations to build your dream home, hobby farm, or country estate. Recreational Appeal: A small wooded area on the property provides hunting and outdoor recreation potential, making this property versatile for both income and lifestyle. Why This Property Stands Out: The combination of prime farmland, proximity to I-65, and its location near Fair Oaks Farms makes this a rare opportunity. Whether you’re looking for a productive farm, an investment with strong potential, or a beautiful site for your future home with hunting and recreational perks, this property checks all the boxes.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,731
Lot Details
- 76 Acre Lot
- Property fronts a county road
- Finished Lot(s)
- Subdivision Possible
Schools
- Rensselaer Central Elementary And Middle School
- Rensselaer Central High School
Farming
- Agricultural
Listing and Financial Details
- Assessor Parcel Number 37-06-06-000-008.000-029
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,177 | $78,100 | $77,000 | $1,100 |
| 2023 | $1,195 | $71,200 | $70,000 | $1,200 |
| 2022 | $1,232 | $60,300 | $59,100 | $1,200 |
| 2021 | $1,434 | $71,700 | $59,600 | $12,100 |
| 2020 | $1,558 | $71,200 | $59,400 | $11,800 |
| 2019 | $2,214 | $105,900 | $65,200 | $40,700 |
| 2018 | $2,196 | $103,700 | $66,400 | $37,300 |
| 2017 | $2,259 | $105,100 | $67,800 | $37,300 |
| 2016 | $2,339 | $108,400 | $70,700 | $37,700 |
| 2014 | $1,699 | $103,000 | $73,000 | $30,000 |
| 2013 | $1,699 | $94,800 | $65,500 | $29,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Pending | -- | -- | -- |
| 08/21/2025 08/21/25 | For Sale | $795,000 | -- | -- |
Source: Indiana Regional MLS
MLS Number: 202533560
APN: 56-11-01-100-001.000-008
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