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$3,990,000 (Pending)
E Monroe Street Princeton, IN 47670
- 178.00 Acres
Property Description for E Monroe Street Princeton, IN 47670
Located just behind Superior Ag off SR 64 on Princeton’s southeast side, this sprawling 178-acre farm offers an incredible investment opportunity. Available with open tenancy for 2025, the property features 176.58+/- highly productive tillable acres, primarily composed of Ragsdale Silt Loam soils, renowned for their fertility. Currently, under careful management, the farm provides above-average returns, making it an excellent long-term investment. The tenant farmer is willing to continue maintaining the property, ensuring consistent care and productivity. In addition to its agricultural value, this land presents significant potential for residential, commercial, or industrial development. It offers multiple access points, including the ends of E. Monroe St. and possibly E. Mulberry St. & E. Christian St. The property features frontage along E. Evans St., intersecting with S. Washington, S. Adams, S. Jefferson, and S. Madison Streets. SR 64 is less than 900 feet from the northern boundary. Further enhancing its appeal, the property is situated outside the 500-year floodplain, in close proximity to South Side Park and Saint Joseph Primary School, and surrounded by existing utilities—including electric, water, sewer, and internet services. This site is shovel ready for immediate development. With its prime location, substantial size, and versatile potential uses, this property is an outstanding opportunity for developers or investors seeking to capitalize on it's build-ability. Regardless of your intended use, there is no doubt a rising demand for premium agricultural and development land in the area!
Street View Not Available At this Location
Address:E Monroe Street Princeton IN 47670
Status:Pending
on site: 61 days
Price:$3,990,000
Bathrooms:0
Lot Size:178.00
County: Gibson County
Township: Patoka
School System : North Gibson
MLS #:202439883
Property Type:Agricultural Land
Lot Dimensions:irregular
Directions:https://maps.app.goo.gl/etUxqxzUyaJT4bP77
Semi-Annual Property Tax:$3,500
Tax Year:2024
Mandatory HOA Fee:$
Customer Service Evansville
Additional Phone (812) 402-0200
Email info@fctuckeremge.com
F.C. Tucker Company
Listing provided courtesy of Zach Holt and Kris Christianson with Whitetail Properties Real Estate
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 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.
Princeton Market Report
135
Avg. DOM
$139.42
Avg. $ / Sq.Ft.
$ 184,999
Med. List Price
The house prices in Princeton are not dropping at the moment. There has been a increase in price of $9,114.04. 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 Princeton are going Up. The average house price is $185,000.00 and the average price per square feet is $139.60 per square feet. At the moment, the amount of homes listed is exactly 160 houses, with 31 with active status, 21 with pending status and 108 sold in Princeton .
The most popular place to buy a home in Princeton is . 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 Princeton .
The average amount of property taxes you would have to pay for a home in Princeton is $1,289.87. 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 Princeton 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 Princeton was 2685 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Princeton is $895,000.00. 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 Princeton is $70,150.00 . 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 Princeton in year 1890 and the newest built house is in year 2024.
The average size of properties in Princeton is 1627.35 sq.ft. , the biggest one being 3620 sq.ft. and the smaller being 700 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.
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