NOT LISTED FOR SALE
23.92 Acres
-- Price per Acre
1,041,955 Sq Ft Lot

Last Sold August 01, 2025

Last sale price $195,000

88 Days on Market

About This Lot

As of August 2025

This 23.92-acre farm in Shelby County, Indiana, offers a rare opportunity to own highly productive and conveniently located agricultural land. Situated directly on State Road 9 just seven miles north of Shelbyville and four miles south of the SR 52/SR 9 junction. The property features approximately 17.3 tillable acres with a strong Weighted Average Productivity Index (WAPI) of 135.8, indicating above-average crop yields. The farm is pattern tiled with digital mapping for efficient drainage and ease of management. With roughly 800 feet of road frontage, access is excellent, and the nearly flat terrain with only 11.1 feet of elevation change this makes for easy farming. An additional 6+ acres west of the creek offer potential for increased tillable ground or could be developed into a profitable hunting lease. The southeast corner includes a well-maintained gravel approach from the highway and a preexisting drilled well that may be of future use. While the property does lie within a 100-year floodplain, it remains an outstanding investment for both row crop production and potential mixed-use opportunities.

Last Agent to Sell the Property

Eric Richards

Landproz of Indiana, LLC License #RB15001584 Listed on: 04/21/2025

Last Buyer's Agent

Jared Baird

Landproz of Indiana, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $424

Lot Details

  • 23.92 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 73-03-29-200-002.000-020
  • Assessor Parcel Number 730329200002000020
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$424

Lot Details

0

Listing Details

  • Type: Agric Land
  • Property Sub Type: Farm
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 23.92
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Flood Plain
  • Road Access: Street Cuts
  • Water: Well on Site

Utilities

  • Sewer: Not Applicable
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 1041955
  • Parcel Number: 730329200002000020
  • Zoning: Ag
  • Acres: >20 Acres
  • Land Characteristics: Rectangle,Rural,Rural Not in Subdivision,Small Trees
  • Present Zoning: Agricultur
  • Soil Type: See Remarks
  • Divisible: Yes

Tax Info

  • Tax Annual Amount: 424
  • Tax Lot: 73-03-29-200-002.000-020
  • Semi Annual Property Tax Amt: 212

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
08/01/2025 08/01/25 Sold $195,000 -18.8% --
07/18/2025 07/18/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $240,000 -2.0% --
04/21/2025 04/21/25 For Sale $245,000 -- --
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: 22034132

MIBOR Broker Listing Cooperative®