$1,617,000
$1,850,000
12.6%For more information regarding the value of a property, please contact us for a free consultation.
3087 N CR 925 E Logansport, IN 46974
147 Acres Lot
Key Details
Sold Price $1,617,000
Property Type Vacant Land
Sub Type Agricultural Land
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 202310006
Sold Date 09/21/23
Annual Tax Amount $2,053
Tax Year 2023
Lot Size 147.000 Acres
Property Description
Land for Sale - 147 +/- Tillable Land in Hoover, Indiana - Cass County. Rare opportunity to own a large farmland tract in eastern Cass County! 147 +/- acres just outside of the town of Hoover in northeast Cass County, just a few miles from the Miami County line. Hwy 24 is south a few miles, and Hwy 31 nearby to the east, locating it directly between Peru and Logansport. Soil information is posted in pictures with WAPI, NCCPI and capabilities. For investors, a yearly income for cash rent is $34,800 ($17,400 each spring and fall) with a farmer who would like to continue the agreement if possible. The current farmer has wheat and rye planted and will have rights to harvest those by summer mature date. The rights to the 2023 cash rent income are negotiable with purchase. There is a fenced and gated area on the east central edge of the property off of County Road 925 E that has electrical and possibly a well for anyone wanting the property for animals or a homestead. A recent survey was performed to separate the corner home and barns from this parcel and is not for sale.
Location
State IN
County Cass County
Area Cass County
Direction Property is on the south west side of Hoover. 900 N road frontage, property is on south side of 900. road frontage on 925 E, property is on west side of road
Exterior
Fence Barb Wire, Partial
Building
New Construction No
Schools
Elementary Schools Caston
Middle Schools Caston
High Schools Caston
School District Caston S.D.
Others
Financing Cash,Conventional,USDA
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IDX information provided by the Indiana Regional MLS
Bought with Ty Mills • Mossy Oak Properties/Indiana Land and Lifestyle