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Listed by Brad Garrison • Whitetail Properties
$ 340,000
Est. payment /mo
New
11200 L4 McCrearys Ridge RD Florence, IN 47020
61 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22043728
HOA Y/N No
Tax Year 2024
Lot Size 61.000 Acres
Acres 61.0
Property Sub-Type Farm
Property Description
Tract 3 of 3. This 61-acre wooded tract in Southeast Indiana begins with 50 feet of frontage on McCreary Ridge Road and includes a shared driveway that provides easy access to the property. The driveway-already established and used by an existing home-offers several hundred feet of improved access, with ingress, egress, and utility easements in place. Public water, electricity, and fiber optic internet are available at the road, and there are no known restrictions. The land features a strong stand of oak and walnut timber, untouched for over 30 years, offering future harvest potential and long-term value. For those seeking more acreage, two adjoining tracts totaling 20 acres are also available, allowing for a combined 81-acre purchase. This property is located in a federally designated Opportunity Zone, which may offer investors long-term capital gains tax benefits, including potential tax deferral and exemption after a 5, 7, or 10-year hold (consult a tax advisor for current details). Situated in eastern Switzerland County-an area known for quality deer and turkey hunting-the property also offers excellent recreational and development potential. Nearby attractions include Florence, Belterra Casino, and the Ohio River, all known for outdoor adventure, boating, and fishing. For the golf enthusiast, there are 2 well-known courses, 1 at the Belterra and the other being the Sportsmen's Golf Course. A short drive to the west is Vevay and Madison, both named in the top 10 "Best Midwest Small Town" by USA Today. Approximately one hour north is several well known venues such as the Lawrenceburg Event Center, Hollywood Casino, and the Rising Star Casino. Ideal for a homesite, investment property, timber holding, or recreational retreat.
Location
State IN
County Switzerland
Zoning Ag
Interior
Fireplace N
Exterior
View Y/N true
View Creek/Stream, Forest, Trees/Woods, Valley
Building
Sewer Septic Needed
New Construction false
Schools
Middle Schools Switzerland Co Middle School
High Schools Switzerland Co Senior High School
School District Switzerland County School Corp
Others
Acceptable Financing Sell Entity
Listing Terms Sell Entity
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