For Sale
$200,000

County Road 150New Castle, IN 47362

23 Acres, Tillable, Development Potential

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
120
Exceptional investment opportunity: 23+/- acres of prime Henry County, Indiana land in New Castle (zip code 47362) is now available for $200,000. This property features approximately 21+/- acres of FSA cropland currently under an open farm lease for 2024, offering immediate income potential. The diverse soil composition includes CrA Crosby silt loam, MmB2 Miamian silt loam, LhC3 Losantville clay loam, LeC2 Losantville silt loam, Cy Cyclone silty clay loam, LhD3 Losantville clay loam, CeB2 Celina silt loam, and EdC2 Eldean silt loam, ensuring high fertility and productivity. The land boasts a Weighted Average Productivity Index (WAPI) of 135.6. Beyond its agricultural potential, this strategically located property presents significant development opportunities for future home sites or other commercial ventures. Its versatile nature makes it an attractive asset for investors, developers, and farmers alike. Located on E County Rd 150 N, this property offers a unique blend of income generation and future growth potential. Don't miss this chance to acquire a highly productive and versatile land parcel in a desirable location.

Highlights

  • 23+/- total acres
  • 21+/- tillable FSA cropland acres under open farm lease for 2024
  • Excellent Newcastle, Indiana location
  • Significant development potential
  • Diverse, high-productivity soil composition.

Property Details for 0 County Road 150

Property type
Land
Lot Size (sq. ft)
1,001,880 SF

Location Insight

City
New Castle
County
Henry
State
Indiana
Latitude
39.9531173
Longitude
-85.3451723
County Road 150, New Castle, Indiana

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FAQs

What type of property is this?
Land - 23 Acres, Tillable, Development Potential
Where is the land located?
The property is located at County Road 150 New Castle, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 23+/- total acres; 21+/- tillable FSA cropland acres under open farm lease for 2024; Excellent Newcastle, Indiana location
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Nicholas George
Nicholas George

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County Road 150, New Castle, Indiana, 47362

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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0 County Road 150
  • Nicholas George
    Nicholas George
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