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58 Acres Income Producing Property

Sr 46 : Center Point, IN 47840

Clay County, Indiana

58 Acres
$631,684 USD
$10,891 / ac
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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.

Land Maps

More Land Details

Seller's Land ID
91493
LANDFLIP ID
407713
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