$495,000
For Sale

400 East Road

Knox, IN 46534
Browse 36 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

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!

  • Property Details
      • Property SubtypeAgricultural Land
      • CountyStarke County
      • MLS #202431446
      • MLS #202431446
      • Property TypePurchase
      • Price Per Sqft$267,700
      • Cost495000

Location

Fulbright HomesBerkshire Hathaway HomeServices Edwardsburg
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6.0%

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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