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$2,300,000

1559 S Graham Creek Road Covington, IN  47932

  • 228.00 Acres
EXPLORE TUCKER LUXURY

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Property Description for 1559 S Graham Creek Road Covington, IN 47932

This multi-generational, extraordinary property is officially on the market for the first time in decades. Located just 10 minutes from Covington, this farm offers high-quality farmland, multiple buildings sites, several storage barns, hardwood timber, pasture, water sources, and exceptional trophy deer hunting. This farm is located just 4 miles south of I-74, which connects Champaign and Indianapolis. Both are accessible within 90 minutes. This farm features mature hardwood timber, rich silt loam soils, pasture acreage, slight rolling topography and a natural flowing creek winding through the property. The tillable acreage lies in the central and western portion of the property composing of silt loam, loam, sandy loam, & silty clay loam soils with an average NCCPI of 74.82. The slight rolling hardwoods are located on the east side of the property giving you easy access for hunting through the west side crop fields. The rolling terrain, creek crossings, and well-maintained trail system allow for easy and seamless access to most of the property. Some trails lead to secluded hay fields which provide another source of income or potential areas for wildlife habitat improvements such as cover or food plots. This property is ideal for managing and hunting mature whitetails and turkeys. With south-facing slopes, creek bottoms, ridge-tops, and diverse habitat, this property provides a near perfect recipe for holding and harvesting big, Midwest bucks. With west access through the crop fields, this provides a great opportunity to for ideal hunting set-ups pulling deer from the wooded acreage to your stand & blind locations. On the property are several storage buildings for storing your equipment to help maintain the property. Electric is also run for a potential home site, camping location, or a hunting cabin. Whether you are looking to extend your farming operation with more tillable acreage, a pasture for livestock or a hunting/recreational property with income p

Address:1559 S Graham Creek Road Covington IN 47932
Status:Active
on site: 184 days
Price:$2,300,000
Bathrooms:0
Lot Size:228.00
County: Fountain
Township: Wabash
MLS #:21984242
Property Type:Farm

Lot Dimensions:9931680
Road Frontage:County Road
Road Access:County Rd
Road Surface:Tar Chip
Lot Features:Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded, See Remarks, Other
Zoning:A1
Directions:GPS Friendly

Loan Price
$13,185
Price And Interest $11,998/month
Property Tax $229/month
MTG INS $0/month
HOME INS $958/month
Price
$2,300,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$229/month
Home Owner Insurance
$11,496 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,372
Tax Year:2023
Mandatory HOA Fee:$

Area: 2308 - Fountain - Wabash
Subdivision: 106 North
Zip Code:47932

EXPLORE TUCKER LUXURY
Chad Hess, REALTOR®/Broker, F. C. Tucker Company
Chad Hess
Additional Phone (765) 362-4700
F.C. Tucker Company

Schedule a Video Chat Tour

Listing provided courtesy of Andrew Malott with Whitetail Properties from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/09/2024 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.





Covington Market Report

193
Avg. DOM
$125.86
Avg. $ / Sq.Ft.
$ 259,000
Med. List Price

The house prices in Covington are not dropping at the moment. There has been a increase in price of $38,928.57. 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.

The housing market and house prices in Covington are going Up. The average house price is $261,950.00 and the average price per square feet is $122.20 per square feet. At the moment, the amount of homes listed is exactly 63 houses, with 24 with active status, 8 with pending status and 31 sold in Covington .

The most popular place to buy a home in Covington is 2305 - Fountain - Troy. 2305 - Fountain - Troy 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 Covington .

The average amount of property taxes you would have to pay for a home in Covington is $1,772.38. 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 Covington are staying listed for an average of 95 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 Covington was 19724 minutes ago.

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

The cost of the most expensive home in Covington is $615,000.00. 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 Covington is $169,000.00 . 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 Covington in year 1890 and the newest built house is in year 2024.

The average size of properties in Covington is 2687.17 sq.ft. , the biggest one being 6769 sq.ft. and the smaller being 1024 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.