58 Acres Income Producing Property

Land Description

58 Acres with Income and Opportunity - Offered at Appraised Value of $631,684 - Center Point, Indiana Clay County Located just south of State Road 46 on County Road 300 East, this 58-acre property in Clay County offers the perfect combination of income production, natural beauty, and investment stability. With a balance of 36 acres of productive tillable ground and timbered acreage, this land provides multiple sources of income and long-term potential.

The property features active oil wells generating approximately $12,000 per year, with expected increases in production, plus an additional $7,200 per year in farm rent from the tillable acres. The wooded portions provide excellent hunting, recreation, and future timber value, adding even more appeal.

A very recent appraisal values the property at $631,684, and it is being offered at that appraised value, making this an exceptional opportunity to purchase a proven, income-producing investment. Conveniently located near Center Point and just minutes from State Road 46, this property combines accessibility with a peaceful country setting.

Property Highlights

58 total acres in Clay County

36 acres of productive tillable ground

Active oil wells producing approx. $12,000/Year with growth potential

$7,200/Year in farm rent income

Balance in wooded acreage offering recreation and timber value

Recently appraised at $631,684 and offered at appraised value

Great location just south of SR 46 near Center Point

A rare opportunity to own a diverse, income-producing property with verified market value-ready to add to your portfolio or make your own.

For additional information, contact Land Specialists Caleb Emrick at or Todd Harrison at.