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$149,900 (Pending)

  • 14.80 Acres

Property Description for N US 150 Oaktown, IN 47561

Located in the heart of Southern Indiana’s renowned produce country, this 14.8-acre surveyed property offers a fantastic opportunity for farming and development. Surrounded by multiple packing sheds and produce wholesalers, the local economy thrives on agriculture, making this property a strategic investment. Traditionally rotated with beans and corn, these fertile fields can cash rent to area-produce farmers at 3-4x the typical row-crop rates, making them an attractive investment hold. With an impressive 1,200 feet of frontage along Old US Hwy 41, the property provides excellent access and versatility. Whether you're looking to build a home-business combination, develop multiple homes, or hold the land as an investment, this parcel offers flexibility. Electrical service runs along the western boundary, and well water is commonly used in the area. A creek highlights the southern boundary, and approximately 3 acres of woods wrap around the SW corner, offering the perfect setting for deer hunting and outdoor recreation. The stunning, wide-open views to the north create a picturesque backdrop for whatever future plans you envision. Seize this rare opportunity to own a prime piece of tillable in a thriving agricultural hub!

Address:N US 150 Oaktown IN 47561
Status:Pending
on site: 66 days
Price:$149,900
Bathrooms:0
Lot Size:14.80
County: Knox County
Township: Busseron
School System : North Knox S.D.
MLS #:202439162
Property Type:Agricultural Land

Lot Dimensions:irregular
Directions:https://maps.app.goo.gl/tTaByCeMFyu7aqqF6

Loan Price
$877
Price And Interest $782/month
Property Tax $33/month
MTG INS $0/month
HOME INS $62/month
Price
$149,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$33/month
Home Owner Insurance
$744 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$200
Tax Year:2024
Mandatory HOA Fee:$

City:Oaktown
Subdivision: None
Zip Code:47561

School System:North Knox S.D.
High School:North Knox
Middle School:North Knox
Elementary School:North Knox

Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
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.





Oaktown Market Report

77
Avg. DOM
$99.82
Avg. $ / Sq.Ft.
$ 126,950
Med. List Price

The house prices in Oaktown are indeed dropping at the moment. There has been a decrease in price of $56,500.00. 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.

The housing market and house prices in Oaktown are going Down. The average house price is $126,950.00 and the average price per square feet is $99.82 per square feet. At the moment, the amount of homes listed is exactly 7 houses, with 2 with active status, 1 with pending status and 4 sold in Oaktown .

The most popular place to buy a home in Oaktown is Other. Other 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 Oaktown .

The average amount of property taxes you would have to pay for a home in Oaktown is $564.22. 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 Oaktown are staying listed for an average of 105 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 Oaktown was 93459 minutes ago.

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

The cost of the most expensive home in Oaktown is $158,900.00. 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 Oaktown is $95,000.00 . 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 Oaktown in year 1900 and the newest built house is in year 1930.

The average size of properties in Oaktown is 1396 sq.ft. , the biggest one being 1682 sq.ft. and the smaller being 1110 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.