Homes Barns & Pond 46.61 +/- Acres Rural EstElwood, IN 46036

For Sale
$950,000

Income-producing farm with homes & barns

Overview

Added:
Dec 11, 2024
Days on market:
90
This expansive 46.61+/- acre property in Tipton County, Indiana, presents a unique blend of agricultural opportunity and comfortable living. Strategically located near Kokomo, between Indianapolis and South Bend, it boasts 30+/- acres of productive cropland, generating a 2.9% return on investment. Two income-producing homes provide multi-generational living potential or rental income streams. Three spacious barns offer ample storage and workspace for equipment or livestock. Additional features include a pond and a 5' perimeter fence. The property enjoys 2770 feet of paved road frontage, ensuring easy access and excellent visibility. This exceptional offering combines agricultural potential with convenient access to urban amenities, making it an ideal investment for those seeking a profitable and versatile rural property. The asking price is $950,000, and the property is zoned for agricultural and commercial use. This is a rare opportunity to acquire a well-maintained, income-generating property with significant long-term potential. The zip code is 46036.

Highlights

  • 46.61+/- acres in Tipton County, IN, including 30+/- acres of productive cropland yielding a 2.9% ROI.
  • Two income-producing homes offer multi-generational living or rental income.
  • Three spacious barns provide ample storage and workspace.
  • 2770 feet of paved road frontage ensures excellent access and visibility.
  • Strategically located near Kokomo, between Indianapolis and South Bend.
  • Excellent investment opportunity with strong agricultural potential and rental income streams.

Property Details for Homes Barns & Pond 46.61 +/- Acres Rural Est

Property type
Other land, Other farms
Lot Size (sq. ft)
2,030,332 SF

Location Insight

City
Elwood
County
Tipton
State
Indiana
Latitude
40.2950908
Longitude
-85.8281458
Homes Barns & Pond 46.61 +/- Acres Rural Est, Elwood, Indiana

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Homes Barns & Pond 46.61 +/- Acres Rural Est
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