9136 W 500 South, IN 46147

Property Description

Located in Boone County within the Western Boone School District, this versatile 30-acre farm presents an excellent opportunity for those seeking a combination of income-producing ground, rural living, and future potential. Situated on a paved road just west of I-74, the property offers convenient access while maintaining a quiet country setting. Approximately 22.23 acres are tillable and currently in a corn and soybean rotation, providing immediate return with strong soil productivity. The farm features quality silty clay loam and silt loam soils with an NCCPI rating of 83.04 and a WAPI of 154.18, making it a solid addition to any agricultural portfolio. The remaining acreage includes a traditional farmhouse, outbuildings, and pasture ground. The 1,643 sq. ft. ranch-style home offers 3 bedrooms and 1 bathroom, with original hardwood floors, built-in cabinetry, and some updated vinyl windows. With a little vision and renovation, the home could be restored into a comfortable country residence or rental property. A detached two-car garage and livestock/hay barn add functionality for both hobby farmers and livestock owners. A fenced pasture area provides space for horses or cattle, while the property's elevation offers scenic views and potential for a future homesite with walkout basement capability. This is a well-rounded property offering income, recreational appeal, and a peaceful rural lifestyle-all in a highly sought-after location.