Bought with Whitetail Properties Real Estate
$570,000
$579,900
1.7%For more information regarding the value of a property, please contact us for a free consultation.
58 Acres Lot
SOLD DATE : 09/04/2026
Key Details
Sold Price $570,000
Property Type Vacant Land
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IRM202603942
Sold Date 09/04/26
HOA Y/N No
Annual Tax Amount $1,100
Tax Year 2026
Lot Size 58.000 Acres
Acres 58.0
Lot Dimensions irregular
Property Sub-Type Agriculture
Property Description
This 58±-acre property is located in western Gibson County, Indiana, with frontage on both State Road 64 and County Road 850 West. The tract includes approximately 45± FSA tillable acres, primarily Class II Vincennes Loam soils, supporting consistent agricultural production. The remaining 13± acres consist of mature bottomland hardwood timber that provides cover, habitat, and recreational use potential. The property is located near the Gibson Generating Station, which includes more than 3,000 acres of warm-water resting ponds that function as a seasonal sanctuary for migrating waterfowl. Agricultural and timbered tracts in this area are commonly sought for recreational use due to their proximity to this established habitat. While the property currently does not include waterfowl-specific improvements, its location relative to this concentration of seasonal waterfowl is a notable characteristic for recreational and land-based buyers. In addition to agricultural and recreational use, the farm generates approximately $4,100 annually in non-farming income through an existing billboard lease and a slurry line easement that crosses the southwest corner of the property. Public utilities available at the road include rural electric service and fiber optic internet. Water service would require a drilled well. The seller owns all mineral rights and will convey all owned mineral rights to the buyer with no active leases in place. This tract offers a combination of tillable acreage, timber, income, and location suitable for agricultural use, recreation, and long-term land ownership.
Location
State IN
County Gibson County
Interior
Fireplace N
Exterior
View Y/N true
Building
Sewer None
Water None
Schools
Elementary Schools Princeton
Middle Schools Princeton
High Schools Princeton
School District North Gibson School Corp.
Others
Pets Allowed No
Tax ID 26-03-35-300-000.898-027
Acceptable Financing IRM202603942
Listing Terms IRM202603942
Financing Cash
Special Listing Condition None
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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