5750 State Road 3 Spiceland, IN 47385
Estimated payment $8,920/month
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!
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,187
Lot Details
- 82 Acre Lot
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 11612139
- 1001 W Colonial Dr
- 2900 S Memorial Dr
- 340 N Adams St
- 201 W Warrick St
- 1311 S 17th St
- 1218 S 18th St Unit 2
- 921 S 14th St Unit Half
- 1628 A Ave
- 1201 Indiana Ave
- 325 S 12th St Unit 1
- 302 S 12th St
- 302 S 12th St
- 300 S 12th St Unit 2
- 925 Broad St Unit .5
- 225 N 10th St
- 225 N 10th St
- 1102 Spring St
- 1104 Thornburg St
- 211 N 17th St Unit 2
- 2225 Broad St