$1,650,000

5750 State Road 3 Spiceland, IN 47385

Estimated payment $8,920/month

Total Views 209
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. Don't miss your chance to own this prime piece of real estate-contact us today to learn more and schedule a viewing!

Listing Agent

Nick George

Geswein Farm & Land Realty Listed on: 11/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,187

Lot Details

  • 82 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$3,187

Lot Details

0

Listing Details

  • Directions To Property: From I-70 at State Road 3 (Exit 123) Head southwest 285 ft, turn right toward IN-3 N 341 ft then turn left onto IN-3 N 0.4 mile. End at 5750 S State Road 3 Spiceland, Indiana 47385-9630
  • HamletID: 0
  • LandRentAmount: 0
  • Lot Size Acres: 82.00
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Spiceland
  • PropertyTownship: Spiceland
  • Prop. Type: Vacant Land
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: IN
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 0

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 3187

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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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
11/15/2025 11/15/25 For Sale $1,650,000 -- --
Source: My State MLS

Source: My State MLS

MLS Number: 11612139