905 Acres / 840 Tillable, Henry Co
111 S County Rd 500E : New Castle, IN 47362
Henry County, Indiana
Land Description
905 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 - 840+ of Tillable ground
- Current Cash Rent of per acre 2 payments a year of May & December - 3 Phase power being installed 500 feet from the farm for the new 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.
