Land for Sale - West 1200th South, West Point, IN 47992 - 245.0 acres

245+/- Acres Tillable w/ Full Pattern Tile System

West 1200th South, West Point, IN | Lat/Lng:  40.2421, -87.0512

$4,361,000
245 ac.
08/29/2024
ACTIVE
Main Listing ImageMain Listing Image

Description

Fully Pattern Tiled Farmland for Sale in Tippecanoe County, Indiana Located near the Teays River Aquifer, world-renowned Purdue University, and with close access to several unique markets (Cargill, Tate & Lyle), railroad lines, and strong local farm operations, this unique farmland portfolio 'checks the boxes' for investment criteria in terms of size, scope, hold value, and more.   Surety WAPI 162.2 NCCPI Soil Index 90.5   2024 Cash Rent at $416 per tillable acre     443+/- Total Acres in three (3) farms, the Gardalyn farm is available for sale as an entire package or the opportunity to divide to suit your investment goals.     Farm A - known as the VanHook Farm is 245+/-Acres | Surety WAPI 162.2 Farm B - known as the Shoemaker Farm is 116+/- Acres | Surety WAPI 158.6 Farm C - known as the Banta Farm is 79+/- Acres | Surety WAPI 164.5 Fully Pattern Tiled   Strong ROI Cash Rent for 2024   Open Lease for 2025     Rare opportunity to acquire a full system tiled farm holding in West Central Indiana.     Soil Quality. Water Availability.   Market Access. Climate   With significantly productive soils across the entire farm holding, a complete pattern tile system in place, and a strong ROI cash rent for 2024, the Gardalyn farm presents a unique opportunity for any land investor, farm management firm, or local farm operation.     Located near the Teays River Aquifer, world-renowned Purdue University, and with close access to several unique markets (Cargill, Tate & Lyle) railroad lines, and strong local farm operations, this unique farmland portfolio 'checks the boxes' for investment criteria in terms of size, scope, hold value, and more.     Surety WAPI Soil Averages   162.2 158.6 164.5 NCCPI Soil Indexes   90.5 89.3 91.5 2024 Cash Rent at $416 per tillable acre       Open Lease for 2025 crop year     Tippecanoe County consistently is ranked in the Top 10 in the United State for growth, housing, job opportunities, and more. With proximity to markets for crops, strong local farm operators, and more, this farmland holding is both dynamic and competitive.

Details

CountyTippecanoe
Zipcode47992
Property Type OneFarms
Property Type TwoCommercial Property
BrokerageGeswein Farm & Land | Auctions | Real Estate | Farm Management | Appraisals
Brokerage Linkwww.gfarmland.com/
Land Listing Agent Photo
Agent: Johnny Klemme
Contact Agent:Email Land Listing Agent
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