Pendleton, IN 46064,0 State Road 9
Pendleton, IN 46064,0 State Road 9
Pendleton, IN 46064,0 State Road 9
10
Listed by Chad Renbarger • Mossy Oak Properties
$352,527
$420,000
16.1%
Est.Price: ?

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16.79 Acres Lot

0 State Road 9 Pendleton, IN 46064

Est. payment /mo
SOLD DATE : 07/26/2023

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Key Details

Sold Price $352,527

Property Type Vacant Land

Sub Type Farm

Listing Status Sold

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 21917138

Sold Date 07/26/23

HOA Y/N No

Tax Year 2022

Lot Size 16.787 Acres

Acres 16.787

Property Description

Located in the hot market city of Pendleton, IN, this 17-acre property presents a unique opportunity for real estate investors and developers. With access off State Hwy 9 and 900 S with an easement already in place, the property boasts easy accessibility and convenience. The property is already zoned residential. The property comprises tillable ground, with the north side having had new tile installed just 2 years ago. This translates to a more efficient drainage system, thereby increasing crop yield potential. Currently, the property is being leased out for cash rent at $2080 per year, making it an attractive investment opportunity. Another advantage of this property is its proximity to utilities. City sewer runs along the back side

Location

State IN

County Madison

Zoning Residential

Interior

Fireplace N

Building

Sewer Municipal Sewer On Site

New Construction false

Schools

Middle Schools Pendleton Heights Middle School

High Schools Pendleton Heights High School

School District South Madison Com Sch Corp

Others

Acceptable Financing Not Applic

Listing Terms Not Applic

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Chris Schulhof

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+1(317) 506-7368

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