
V/L Indiana 16 Twelve Mile, IN 46988
Estimated payment $1,916/month
About This Lot
29.7 Acres of Prime Tillable Land – Cass County, IN Opportunity awaits with this 29.7-acre parcel of productive, tillable land located just off State Road 16, west of Twelve Mile. With road frontage on both SR 16 and 600 E, this property offers excellent accessibility and visibility. 132.7 WAPI 68.1 NCCPI avg. Currently under cash rent at $250 per acre, this land provides immediate income potential for investors or owner-operators. The dual road frontage makes it ideal for a variety of future uses—whether you're looking to build a home and start a mini farm, expand agricultural operations, explore commercial possibilities, or develop the land (subject to Cass County zoning regulations). Whether you're an investor, farmer, or visionary developer, this property is a versatile piece of rural Indiana with strong potential. Seller willing to do owner financing at 4.9% and open to terms.
Property Details
Property Type
- Land
Est. Annual Taxes
- $760
Lot Details
- 29.7 Acre Lot
- Property fronts a county road
- Rural Setting
- Finished Lot(s)
- Subdivision Possible
Parking
- Driveway
Schools
- Caston Elementary School
- Caston Jr/Sr Middle School
- Caston Jr/Sr High School
Farming
- Agricultural
Listing and Financial Details
- Assessor Parcel Number 09-02-24-200-015.000-002
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/28/2025 07/28/25 | Price Changed | $340,000 | -2.9% | -- |
05/21/2025 05/21/25 | For Sale | $350,000 | -- | -- |
Similar Property in Twelve Mile, IN
Source: Indiana Regional MLS
MLS Number: 202518797

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