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$50,000 (Sold)

240 Reed Street Mellott, IN 47958

  • 7.80 Acres
Property Description
Great opportunity to purchase 7.8 acres on the edge of a small town to use for an income property, for a commercial building site, or for a residential building site. Surrounded by farmland on 3 sides it is ideal for a hobby farm with enough space for lots of privacy. Property is cash rented for 2020 season. Possession at closing, but if land is to be used prior to harvest the tenant must be compensated.
Address:240 Reed Street Mellott IN 47958
Sold On: 9/25/2020
Lot Size:7.80
County: Fountain County
Township: Richland
School System : Southeast Fountain
MLS #:202013815
Property Type:Agricultural Land

Lot Dimensions:407x833
Directions:Hwy 341 South to Mellott. Turn Right (West) on Reed St. Reed dead ends at the property.
Loan Price
Price And Interest $261/month
Property Tax $41/month
MTG INS $0/month
HOME INS $21/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$252 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Annual Property Tax:$246
Tax Year:2019
Subdivision: None
Zip Code:47958
School System:Southeast Fountain
High School:Fountain Central
Middle School:Fountain Central
Elementary School:Southeast Fountain
Chad Hess, REALTOR®/Broker, F. C. Tucker Company, Inc.
Chad Hess
Additional Phone (765) 362-4700
240  ReedStreet Mellott, IN 47958

1669 S Layton Station Rd Road

40.00 Acres


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Listing provided courtesy of Coldwell Banker Shook.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.