9261 State Road 3, Milroy, IN 46156

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Sold Price
$1,600,000
List Price
$1,700,000
Closing Date
Mar 05, 2026
MLS#
22072731
Property Type
Land
Days on Market
115
Status
SOLD

Property Description

At the end of the day, there is no other type of investment safer than investment in recreational, agricultural, or timbered real estate. And lo and behold...this unique property offers it all! Located within 90 minutes of both the Indianapolis and greater Cincinnati markets, and possessing approximately a half mile of direct frontage on Little Flatrock River, this highly diversified property possesses a beautiful blend of income-producing tillable farm ground, a growing, thriving stand of precious hardwoods, and land that serves as a superior habitat to support whitetail deer and flocks of gobblers! The 80+ acres of tillable ground have produced a steady source of farm income for many years, while at the same time providing a valuable source of nutrition that supports significant deer activity. And speaking of the deer herd, this property has produced (3) trophy bucks over the past 10 years that have scored in excess of 160 on the Boone & Crockett scale, with the largest scoring over 200! The property also contains pockets of healthy, growing hardwood that, when managed properly, could provide a source of significant timber revenue every 8-10 years via selective timber harvests. Major portions of this property should easily conform to a number of federal and state land management conservation programs, most notably the Conservation Reserve Program (CRP). In addition to enabling long-term protection of the natural habitat, such a program can also have a very beneficial effect on real estate tax assessments. This beautiful, expansive tract located in southern Rush County possesses a rare diversity of highly sought after property characteristics such as 80+ acres of tillable real estate, over 50 acres of hardwood canopy, and a supreme hunting venue. An existing network of ATV trails provides easy access to all portions of the property. Opportunities such as this don't come around often. Call today to schedule your private tour of this amazing property!

Additional Information

Present Zoning
Agricultur
Land Characteristics
Mature Trees, River Front, Rural, Rural Not in Subdivision, Wooded
Topography
Bottom Land, Cleared, Level, Pasture, Sloping, Wooded
Soil Type
Loam, Sandy
Development Status
NoStatus
Facilities on Site
None
Facilities near Site
Electric, Gas, Telephone
Water
Not Applic
Sewer
Not Applicable
Road Access
Access Rd
Road Frontage
Easement
Road Surface
Gravel
Acres
181.54
Water
Not Applic
Financing
Exchange - 1031, Conventional, FarmersHomeLoanAdministration
Region
Anderson

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Mossy Oak Properties. Selling Office: Mossy Oak Properties.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative