Productive Tillable Acreage With Development Potential Near Petersburg, IN
New FOR SALE
County
Pike CountyAcreage
10.16 ±Price
$124,900New
County
Pike CountyAcreage
10.16 ±Price
$124,900Address
10.162+/- Ac off CO RD 650 N
PETERSBURG, IN 47567
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Description
Nestled in the quiet countryside northeast of Petersburg in the Alford area, this 10± acre property offers the perfect blend of productive farmland, development potential, and rural charm. Conveniently situated just minutes from SR-57 and I-69, and easily accessed via E County Road 650 N, this parcel is both private and highly accessible. Approximately 7.22± FSA-certified acres are tillable and primarily comprised of quality Hosmer Silt Loam soils, making this an excellent long-term agricultural investment. For those considering development, the property features gently rolling topography, is situated above the floodplain, and has access to electric, water, and internet utilities — ideal for a small country estate and perfect for hobby farming. Developers will appreciate that this tract could be divided into 4–6 smaller parcels, making it a great fit for investors or builders seeking to develop spec homes in a peaceful, rural setting. Agent Remarks: This property is located within the Texas Gas Alford Storage Field and currently receives a small annual gas storage payment. Historical data indicate the possibility of a free gas hook-up, though further verification would be required. Farm Subject to 2025 tenant rights. Possession of farm will be after 2025 harvest. Open Tenancy for 2026.
Media
Other Property Details
Land Details
- Tillable
Utilities
- electric: nearby
- water: nearby
- internet: nearby
Coordinates
38.516, -87.2209
Annual Taxes
$182
Legal
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.