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111 S County Road 500 E
New Castle, IN 47362
Land For Sale · 915.00 AC

PROPERTY FACTS

Property Type Land
Property Subtype Agricultural
Proposed Use
Agricultural
  • Agribusiness
Total Lot Size 915.00 AC
No. Stories 1
Zoning Ag

DESCRIPTION

915 Acres of prime farm ground located in New Castle, IN Henry County. The Farm is located on N 500 E, north of the Norfolk Railway. The farm has good soil and has been maintained by Harvestland for the last several years. Almost 800+/- acres are together and the remaining 120+/- are located less than a mile North. About the Farm: - Current Cash Rent of $415 per acre = 2 payments a year of $174,300 (May & December) - 3 Phase power being installed 500 feet from the farm for the new $21m Legacy Feed Plant - Average Production is 220 for Corn & 60 for Beans - Limed and Tiled the last two years -150,000 Bushels of storage - 7 Grain Bins - 2 Dryers - 2 40 x 80 Barns - 1 50 x 100 Tool Shed - 1 14 Stall Horse Barn with a 120 x 60 Riding arena - Farm was approved for an Ethanol Plant in 2006-2007 - Rail spur in place on the South end of the farm - Farm is located within a 50-mile radius of a 3.5 million population, 7 major highways within 5 miles I70-40, State roads 3, 1, 35, 36, 38 - 4 miles of Road Frontage - 6,500 Feet Plotted Runway - There are 3 gas wells and 1 oil well on the property that are capped. Natural Spring on property that has been Gov't (Big Blue River Conservation) inspected for the last 10 years. Main House Features: - 4 Bedrooms - 2.5 Bathrooms - Large Kitchen - 3 Car Garage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 33-13-08-000-403.000-019
  • 33-13-16-000-101.000-019
  • 33-13-16-000-201.000-019
  • 33-13-17-000-201.000-019
  • 33-13-09-000-304.000-019
  • 33-13-05-000-206.000-019
  • 33-13-08-000-307.000-019
  • 33-13-16-000-204.000-019
  • 33-13-09-000-403.000-019
  • 33-13-17-000-202.001-019
  • 33-13-05-000-204.000-019
  • 33-13-08-000-206.000-019
  • 33-13-08-000-402.000-019
  • 33-13-17-100-108.000-019
  • 33-13-16-000-207.000-019
Land Assessment
$1,366,000
Improvements Assessment
$30,400
Total Assessment
$1,396,400
  • Listing ID: 28081879

  • Date on Market: 3/28/2023

  • Last Updated:

  • Address: 111 S County Road 500 E, New Castle, IN 47362

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