NOT LISTED FOR SALE
22.75 Acres
-- Price per Acre
990,990 Sq Ft Lot

Last Sold October 13, 2023

Last sale price $329,875

4 Days on Market

About This Lot

As of October 2023

Rare Opportunity! We present to you 22.75 acres of prime tillable ground in Madison County, IN, located between the charming towns of Frankton and Elwood. This property boasts road frontage on both W 1000 N and 500 W, providing convenient access on and off the premises. Tillable ground in this area is highly sought after and rarely becomes available, making this a truly exceptional investment opportunity. Agricultural Productivity: The tillable ground on this property has a remarkable track record. With an average yield of 220 bushels per acre for corn and 65 bushels per acre for beans, this land demonstrates its fertility and potential for high agricultural productivity.

Last Agent to Sell the Property

Chad Renbarger

Mossy Oak Properties Brokerage Email: crenbarger@mossyoakproperties.com License #RB16001466 Listed on: 07/06/2023

Last Buyer's Agent

Chad Renbarger

Mossy Oak Properties Brokerage Email: crenbarger@mossyoakproperties.com License #RB16001466 Listed on: 07/06/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $652

Lot Details

  • 22.75 Acre Lot

Schools

  • Lapel Middle School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 48-05-19-400-009.000-025
  • Assessor Parcel Number 480519400009000025

Property Details

Property Type

Land

Est. Annual Taxes

$652

Lot Details

0

Listing Details

  • Type: Agric Land
  • Property Sub Type: Farm
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2022
  • Lot Size Acres: 22.75
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: https://indianalandandlifestyle.com/property/22-75-acres-tillable-ground-frankton-in-madison-county-madison-indiana/42104/
  • MBR_AttributionContact: crenbarger@mossyoakproperties.com
  • Attribution Contact: crenbarger@mossyoakproperties.com
  • Special Features: VirtualTour

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Level
  • Road Access: County Rd
  • Water: Not Applic

Utilities

  • Sewer: Not Applicable
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Lapel Middle School

Lot Info

  • Development Status: Not Applicable
  • Lot Size Sq Ft: 990990
  • Parcel Number: 480519400009000025
  • Zoning: Ag
  • Acres: >20 Acres
  • Land Characteristics: Corner,Rural
  • Present Zoning: Agricultur
  • Soil Type: Other
  • Divisible: No

Tax Info

  • Tax Annual Amount: 652
  • Tax Lot: 48-05-19-400-009.000-025
  • Semi Annual Property Tax Amt: 326
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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
10/13/2023 10/13/23 Sold $329,875 -8.8% --
07/11/2023 07/11/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $361,725 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21930770

MIBOR Broker Listing Cooperative®