Listing Courtesy of: TODD HARRISON - MOSSY OAK PROPERTIES INDIANA LAND AND LIFESTYLE 765-505-4155

State Road 161 Rockport, IN 47635

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80 Acre Lot

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Last updated on 11/7/2024 4:41 AM
Investment Property - 80 Acres of Prime Land with WRE Potential This 80-acre property presents a rare investment opportunity with both tillable land and timber ground that offers excellent returns and future potential. Property Features: 15 Acres +/- of Tillable Land: The tillable acres could co...ntinue to be farmed or enrolled in a Wet Land Reserve Easement WRE. WRE is currently paying $6,840 per acre, totaling $102,600 in income from tillable acres. 15 Acres of Timber Ground Eligible for WRE: Currently WRE is paying $5,070 per acre for timber acres, providing an additional $76,050. WRE Enrollment Potential: After two years of ownership, both the 15 acres of tillable land and the 15 acres of timber ground can be enrolled in the Wetlands Reserve Easement (WRE) program, offering conservation benefits and added long-term value. Timber Value: There is approximately $40,000 in timber on the property. Hunting Lease: The property is ideal for leasing to hunters for deer, turkey, and waterfowl, creating another revenue stream. With the WRE potential, timber value, and hunting lease, you could see a total return of $215,000 while still enjoying this beautiful property for recreational use. An adjoining 80-acre property with similar returns, WRE possibilities, timber, and hunting lease potential is also available for purchase. Itâ??s very rare to find a hunting property with this kind of return. Continue reading
MLS#
102462
Property Type
Land
Lot Size
80

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Listing Courtesy of: TODD HARRISON - MOSSY OAK PROPERTIES INDIANA LAND AND LIFESTYLE 765-505-4155
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


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This content last refreshed on 11/7/2024 4:41 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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