Sr 61, Petersburg, IN 47567
Local realty services provided by:Better Homes and Gardens Real Estate Connections



Listed by:zach holtCell: 812-887-2954
Office:whitetail properties real estate
MLS#:202438614
Source:Indiana Regional MLS
Price summary
- Price:$299,900
About this home
Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner’s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.
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Home facts
- Listing Id #:202438614
- Added:318 day(s) ago
- Updated:August 14, 2025 at 03:03 PM
Structure and exterior
- Lot area:40 Acres
Schools
- High school:Pike Central
- Middle school:Pike Central
- Elementary school:Petersburg
Utilities
- Water:Available
Finances and disclosures
- Price:$299,900
- Tax amount:$446
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