Tillable And Wooded Acreage Surrounded By Patoka NWR
SOLD
County
PikeAcreage
103.5 ±SOLD
County
PikeAcreage
103.5 ±Address
South County Road 775 East, LOT#WP001
Velpen, IN 47590
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Description
Check out this incredibly unique opportunity to own a property that is completely surrounded by National Wildlife Refuge! This property sits at the beginning of the Patoka River National Wildlife Refuge; “a mosaic of 10K+ acres of non-contiguous parcels containing one of the most significant bottomland hardwood forests remaining in the state.” This property is located at the end of a dead-end, county-maintained road and has direct access to the Patoka River and Dillin Bottoms Wetland. The NE corner of the property sits just below the confluence of the Patoka River and Cup Creek, which meanders through the property for nearly 1500’ and contributes to approx. 5.5 acre slough that is regularly full of resting waterfowl. In addition to the spectacular waterfowl potential, this property also enjoys a healthy population of wild turkey and whitetail deer, with several sightings of both with each visit. An approx. ½ ac farm pond on the property along with several public access pits within walking distance offers great fishing and summertime recreational opportunities. The investment potential of this property is undeniable. 58+/- acres of quality tillable ag land could continue to be cash rented or would most certainly be a candidate for enrolling in a conservation program. The southern end of the property sits within the Pikeville Oil Field and has a history of production with no active leases or wells at this time. There are also known coal reserves on the property as shown in the borehole data available. Further, although this property will most likely not see development anytime soon, it will soon have fiber optic internet installed along its 5000’ of county road frontage. The buyer will also have the option of obtaining a first right contingency on the seller's 3+/- acre homeplace. Whether you’re looking for an uber-safe inflation-resistant investment, an expansive and secluded country home build site with no potential for neighbors, or a one-of-a-kind outdoor recreational property that will surely produce, this property has you covered. Contact one of the Listing Agents today for a private showing.
Sold Property
For more information or to see additional properties currently for sale see Zach Holt's listings.Property Listing
Type
Recreational Land, Timberland, Hunting Land
Road Frontage
County Road
Road Surface
Gravel
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.