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$315,000

  • 29.34 Acres

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Property Description for 0 Sr 262 Dillsboro, IN 47018

Nestled in the scenic Ohio County near Dillsboro, Indiana, this 29-acre Black Walnut Plantation presents a rare and lucrative investment opportunity. Established 25 years ago, this plantation boasts a thriving stand of genetically superior Purdue #1 Black Walnut trees, developed by esteemed Purdue University professor, Walt Beineke. These trees, known for their rapid growth and straighter trunks, were cultivated directly from walnut seeds rather than bare root transplants, ensuring their robustness and vitality. The trees in the plantation has been limbed up to 20 feet, promoting exceptional timber quality. The plantation's significance is underscored by its selection as the site for the annual Walnut Council meetings in 2006 and 2012. Designed with precision, the trees are planted in north/south and east/west rows to maximize sunlight exposure. This strategic layout not only enhances growth but also facilitates easy maintenance, with the option to mow in both directions. Additionally, a nurse crop of Black Locust trees was planted to enrich the soil with nitrogen, further promoting the walnut trees' growth. These locust trees, now outpaced by the towering walnuts, offer potential for harvest as fence posts or firewood. Located at the confluence of two creeks, the property also provides excellent recreational opportunities, including kayaking, canoeing, fishing, camping, and hunting for whitetail deer and turkey.

Address:0 Sr 262 Dillsboro IN 47018
Status:Active
on site: 138 days
Price:$315,000
Bathrooms:0
Lot Size:29.34
County: Ohio
Township: Union
MLS #:21993088
Property Type:Commercial Land

Lot Dimensions:1278050
Road Frontage:Highway
Road Access:Access Rd
Road Surface:Asphalt
Lot Features:Wooded
Zoning:Ag
Directions:GPS Friendly

Loan Price
$1,794
Price And Interest $1,643/month
Property Tax $20/month
MTG INS $0/month
HOME INS $131/month
Price
$315,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$20/month
Home Owner Insurance
$1,572 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$119
Tax Year:2023
Mandatory HOA Fee:$

Area: 5803 - Ohio - Union
Subdivision: No Subdivision
Zip Code:47018

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Matt Springmeyer with Mossy Oak Properties from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/28/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Dillsboro Market Report

63
Avg. DOM

The house prices in Dillsboro are indeed dropping at the moment. There has been a decrease in price of $540,000.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for Dillsboro.

The most popular place to buy a home in Dillsboro is 5803 - Ohio - Union. 5803 - Ohio - Union is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Dillsboro .

The average amount of property taxes you would have to pay for a home in Dillsboro is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Dillsboro are staying listed for an average of 79 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Dillsboro was 200434 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Dillsboro is $0. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Dillsboro is $0 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Dillsboro in year 1920 and the newest built house is in year 1920.

The average size of properties in Dillsboro is 0 sq.ft. , the biggest one being null sq.ft. and the smaller being null sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.