Oaktown IN Land for Sale
$149,900
N US 150 Oaktown, IN 47561
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 14.8 Acres
- Baths:
- MLS#:
- 202439162
- Subdivision:
- None
ADDITIONAL INFORMATION
Located in the heart of Southern Indianaâ??s renowned produce country, this 14.8-acre surveyed property offers a fantastic opportunity for farming and development. Surrounded by multiple packing sheds and produce wholesalers, the local economy thrives on agriculture, making this property a strategic investment. Traditionally rotated with beans and corn, these fertile fields can cash rent to area-produce farmers at 3-4x the typical row-crop rates, making them an attractive investment hold. With an impressive 1,200 feet of frontage along Old US Hwy 41, the property provides excellent access and versatility. Whether you're looking to build a home-business combination, develop multiple homes, or hold the land as an investment, this parcel offers flexibility. Electrical service runs along the western boundary, and well water is commonly used in the area. A creek highlights the southern boundary, and approximately 3 acres of woods wrap around the SW corner, offering the perfect setting for deer hunting and outdoor recreation. The stunning, wide-open views to the north create a picturesque backdrop for whatever future plans you envision. Seize this rare opportunity to own a prime piece of tillable in a thriving agricultural hub!
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.
Oaktown Real Estate
The median home value in Oaktown, IN is $133,000. This is higher than the county median home value of $121,000. The national median home value is $338,100. The average price of homes sold in Oaktown, IN is $133,000. Approximately 63.9% of Oaktown homes are owned, compared to 23.8% rented, while 12.3% are vacant. Oaktown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oaktown real estate agent to arrange a tour today!
Oaktown, Indiana 47561 has a population of 917. Oaktown 47561 is more family-centric than the surrounding county with 36.11% of the households containing married families with children. The county average for households married with children is 29.32%.
The median household income for the surrounding county is $51,784 compared to the national median of $69,021. The median age of people living in Oaktown 47561 is 41.7 years.
Oaktown Weather
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 45.2 inches per year, with 11.8 inches of snow per year.