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Sr 61, Petersburg, IN 47567

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For Sale

$389,900

40 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 40 acres
    Lot size

Explore this Property

Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.
MLS# 202438614

Courtesy Of William Minor

(217) 285-9000

Property Features

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

Home seller CENTURY 21 Classic Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Classic Realty

(812) 254-5204
Learn More About Us

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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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