$1,650,000

5750 S State Rd 3 Spiceland, IN 47362

Estimated payment $10,330/month

82 Acres
$20,122 Price per Acre
3,571,920 Sq Ft Lot

About This Lot

Exceptional Agricultural Investment Opportunity in Henry County!
Location, Location, Location! This remarkable +/- 82-acre income-producing tract is a rare find and a must-see for anyone looking to make a smart investment in agricultural land. Nestled in a prime path of progress just off I-70 at State Road 3 (Exit 123), this property is perfectly positioned between the bustling cities of Indianapolis, IN, and Dayton, OH.
This expansive, primarily tillable land offers a world of possibilities. It is an exceptional opportunity for farmers eager to expand their operations or investors looking to capitalize on competitive cash rent rates while holding out for future commercialization potential. Additionally, this property is an ideal candidate for a 1031 exchange, making it a versatile choice for savvy investors.
With a rich history of above-average production, this farm stands out in the market. The current cash rent of $300 per acre yields an impressive approximate annual income of $22,000, providing a reliable stream of passive income for its owner.
Strategically located directly south of the Flying J and New Castle Motor Sparks Park, this property is not just a piece of land; it is a long-term investment in a thriving community that is poised for growth. Whether you are looking to cultivate your agricultural ambitions or secure a valuable investment for the future, this property offers endless opportunities.
Dont miss your chance to own this prime piece of real estatecontact us today to learn more and schedule a viewing!

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Current uses include agriculture
  • Potential uses include agriculture, commercial, for development

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 765-462-1273
  • Listing Website: https://www.land.com/property/82-acres-in-henry-county-indiana/25661889/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Commercial, For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Road Description: Asphalt

Lot Info

  • Current Use: Agriculture
  • Lot Description: Acreage, Vacant

Map

Range of Values:

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Collateral Analytics

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ICE

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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 For Sale $1,650,000 -- --
Indiana Henry County Spiceland 47362

5750 S State Rd 3, Spiceland, IN

For Sale

Lots

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