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$400,000 (Sold)

N 500 West Road Decatur, IN 46733

  • 40.00 Acres
Property Description
This 40 Acre Plot of Land consists of 28 Acres of Farmable/Tillable Land (which is currently under a farming rental agreement for the 2021 season), 7 Acres of Woods and a One Acre Pond with a Small Island in the middle of it. Remaining acreage is made up of a drainage ditch with a grassy 20' wide driving lane along the side of it that takes you all the way back to a grassy 225' x 45' knoll/area beside the pond which is just inside the NE corner of the woods and perfect for picnicking, camping, and fishing... or... perhaps a FUTURE BUILDING SITE, way back off of the (DUST FREE!) paved road. The farm actually sets on the Corner of TWO paved roads offering 2640' of total road frontage and LOTS of POSSIBILITIES! The pond has been stocked with bluegill sunfish, red-ear sunfish, largemouth bass and channel catfish, but has not been professionally managed as a fishery for some time. Geese typically nest on the island every spring and the woods is home to a wide range of wildlife. The farm has good drainage and the ditch was cleared and dredged in 2019. The farm has been successfully farmed for many years through a farming rental contract. An assessment of the woods was done by Pike Lumber Company. The upper canopy trees (18 - 26 inches) are comprised mostly of Mature Red Oak, Pin Oak, Basswood, Hickory, Burr Oak, White Oak and Walnut. There is plenty of water and rich fertile soils with all the necessary ingredients for optimum wildlife habitat. The row-crop fields do provide forage for half of the year, the combination of Oak acorns provide food in the fall/winter, and the ditch and pond both provide good water sources. Ideally and Conveniently Located between Decatur and Bluffton, about 20 minutes south of Fort Wayne with a wide range of shopping, restaurants, diners, neighborhood pubs, golf courses, athletic fields and schools... all close by... But Not TOO Close!
Address:N 500 West Road Decatur IN 46733
Status:Sold
Sold On: 5/24/2021
Price:$400,000
Bathrooms:0
Lot Size:40.00
County: Adams County
Township: Kirkland
School System : Adams Central Community
MLS #:202113255
Property Type:Agricultural Land

Lot Dimensions:1320' x 1320'
Directions:Almost Halfway between Decatur and Bluffton, 4 miles south of Hwy 224 on 500 W, located on the SW corner of the intersection of W 200 N and N 500 W.
Loan Price
$2,376
Price And Interest $2,087/month
Property Tax $122/month
MTG INS $0/month
HOME INS $167/month
Price
$400,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$122/month
Home Owner Insurance
$2,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
Breakfast Room 2640 x undefined Info Not Available
Annual Property Tax:$730
Tax Year:2021
City:Decatur
Subdivision: None
Zip Code:46733
High School:Adams Central
Middle School:Adams Central
Elementary School:Adams Central
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company, Inc
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Listing provided courtesy of Buy Owner Realty.

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.