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off E Monroe Street, Princeton, IN 47670

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For Sale

$3,990,000

178 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 178 acres
    Lot size

Explore this Property

Located just behind Superior Ag off SR 64 on Princeton s southeast side, this sprawling 178-acre farm offers an incredible investment opportunity. Available with open tenancy for 2025, the property features 176.58+/- highly productive tillable acres, primarily composed of Ragsdale Silt Loam soils, renowned for their fertility. Currently, under careful management, the farm provides above-average returns, making it an excellent long-term investment. The tenant farmer is willing to continue maintaining the property, ensuring consistent care and productivity. In addition to its agricultural value, this land presents significant potential for residential, commercial, or industrial development. It offers multiple access points, including the ends of E. Monroe St. and possibly E. Mulberry St. & E. Christian St. The property features frontage along E. Evans St., intersecting with S. Washington, S. Adams, S. Jefferson, and S. Madison Streets. SR 64 is less than 900 feet from the northern boundary. Further enhancing its appeal, the property is situated outside the 500-year floodplain, in close proximity to South Side Park and Saint Joseph Primary School, and surrounded by existing utilities including electric, water, sewer, and internet services. This site is shovel ready for immediate development. With its prime location, substantial size, and versatile potential uses, this property is an outstanding opportunity for developers or investors seeking to capitalize on it's build-ability. Regardless of your intended use, there is no doubt a rising demand for premium agricultural and development land in the area!
MLS# 202439883

Courtesy Of William Minor

(217) 285-9000

Property Features

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

Map and Directions

Directions to off E Monroe Street, Princeton, IN 47670

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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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