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400 East Road, Knox, IN 46534

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For Sale

$495,000

50 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 50 acres
    Lot size

Explore this Property

Listed for sale is a 50 acre split off a larger 150 acre parcel. This property is part of a farm owned by the same family for a long time. As much as the owners may hate to sell it, the demand for mixed use land in this area has created a very favorable time to sell. Additionally the positive economic impact of development, land investments and energy considerations have created a an equally favorable opportunity to buy. Located in the heart of some new residential, commercial and solar development, this property offers many opportunities for the new owner. The nearby Bass Lake as also transitioned to a very popular sought out destination for fishing, water sports, recreation and even buyers of some really nice lake front homes which increases the potential uses for land in this area. The property consists of approximately 37 acres of income producing farm ground, being cash rented. The balance of the land is mostly tree lined on the two sides which have over 3600 feet of combined road frontage. Several smaller forested pockets and areas of more natural elements, vegetation and thickets create a unique and interesting property layout that retains much natural beauty, privacy and seclusion. The southwest corner of the property also touches the 11 mile Erie Trail, a recreational Bike and Walking trail. There are also plans for expand the trail by an additional 5 plus miles. As you can start to see, with this properties location, amble road access as well as many other features and benefits, future use as farmland, hunting, residential/commercial building or land use generating a much higher income stream are all distinct possibilities. Call today to find out what opportunities may exist for you before its gone!
MLS# 202431446

Courtesy Of William Minor

(217) 285-9000

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    50 Acres

Map and Directions

Directions to 400 East Road, Knox, IN 46534

Home seller CENTURY 21 Circle

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(219) 661-3000
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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