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Sr 61, 
Petersburg, IN 47567

$299,900


Bed


Bath


-

Sq Ft


40.00

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Zach Holt

Kris Christianson

Whitetail Properties Real Estate

Cell: 812-887-2954

Last updated:

May 7, 2025, 03:15 PM

MLS#

202438614

Source:

Indiana Regional MLS

About This Land

Sr 61

Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner’s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.

Land Facts

Description/Design:

Land

Lot Size (Acres)

40.00

MLS #:

202438614

Last Updated:

May 7, 2025, 03:15 PM

Added:

7 month(s) ago


Finances & Disclosures

Finances

Price:

$299,900

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.