40 Acre Farm, Vacant Land In Spencer County IN

New FOR SALE

County

Spencer County

Acreage

40 ±

Price

$240,000

New

County

Spencer County

Acreage

40 ±

Price

$240,000

Address

40+/- Ac off Cr 1100 North, Lot#WP001
Lamar, IN 47550
View on Google Maps

Description

This 40-acre tract is located in southeastern Clay Township in Spencer County, Indiana, north of Newtonville and southwest of Lamar. The property is accessed by a recorded deeded easement for ingress and egress that originates from paved County Road 1100 North and extends approximately 1,400 feet before entering the parcel at its northwest corner. The 30' wide easement provides legal access to the property.

The land has been actively used as a cattle operation for many years. The current owner has successfully supported approximately 24 cow and calf pairs plus a bull on the property. Existing improvements include a small feedlot area estimated at 1.5 acres, along with basic sorting pens that are functional for livestock handling. A gravity-fed trough waterer supplies water year-round and is fed from an approximately three-quarter-acre pond located at a higher elevation on the property.

Perimeter fencing consists primarily of woven wire with a barbed top strand. While portions of the fencing could benefit from updates, the layout provides an enclosure suitable for livestock. In addition, the owner currently runs a solar powered interior hot wire system to assist with rotational grazing and containment.

The tract was partially surface mined and reclaimed. As a result, the property features gently rolling topography with open pasture ground and reclaimed soils. These characteristics have supported long term agricultural use and provide flexibility for future land management practices.

While the property is not currently approved for residential construction, a buyer may explore the possibility of a homesite through the Spencer County Area Plan Commission. Approval would likely require a variance related to minimum road frontage requirements. Any future development would be subject to county review, zoning regulations, and applicable regulations. No guarantees regarding building approval are implied.

An elevated area overlooking the approximately 0.75 acre pond offers a potential location to consider for a future homesite, subject to all required approvals. The setting provides open views across the property and surrounding countryside.

This property may appeal to buyers seeking a manageable acreage for agricultural use, livestock operations, or recreational purposes. It could also serve those interested in small scale agricultural enterprises such as beef, poultry, or pasture based egg production. The combination of legal access, established agricultural use, water resources, and functional improvements provides a solid foundation for a variety of land uses.

Property Listing

Type

Ranches, Recreational Land, Undeveloped Land

Road Surface

Gravel


Media

Other Property Details

Land Details

  • Pasture
  • Timber
  • Grass
  • Pond

Features/Improvements

  • Small Game
  • Big Game
  • Upland Game
  • Predators
  • Waterfowl
  • Fish
  • Seller's Mineral Rights Convey

Coordinates

38.0397, -86.931

Annual Taxes

$683


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.


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Listing Agent

Zach Holt

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