8369 W State Road 64, Princeton, IN 47670

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Listing courtesy of Zach Holt from Whitetail Properties Real Estate. Cell: 812-887-2954

Selling Office: Whitetail Properties Real Estate.

Sold Price
$570,000
List Price
$579,900
Status
CLOSED
MLS#
202603942
Closing Date
Sep 04, 2026
Days On Market
Unknown
Township
Patoka

Property Description

This 58±-acre property is located in western Gibson County, Indiana, with frontage on both State Road 64 and County Road 850 West. The tract includes approximately 45± FSA tillable acres, primarily Class II Vincennes Loam soils, supporting consistent agricultural production. The remaining 13± acres consist of mature bottomland hardwood timber that provides cover, habitat, and recreational use potential. The property is located near the Gibson Generating Station, which includes more than 3,000 acres of warm-water resting ponds that function as a seasonal sanctuary for migrating waterfowl. Agricultural and timbered tracts in this area are commonly sought for recreational use due to their proximity to this established habitat. While the property currently does not include waterfowl-specific improvements, its location relative to this concentration of seasonal waterfowl is a notable characteristic for recreational and land-based buyers. In addition to agricultural and recreational use, the farm generates approximately $4,100 annually in non-farming income through an existing billboard lease and a slurry line easement that crosses the southwest corner of the property. Public utilities available at the road include rural electric service and fiber optic internet. Water service would require a drilled well. The seller owns all mineral rights and will convey all owned mineral rights to the buyer with no active leases in place. This tract offers a combination of tillable acreage, timber, income, and location suitable for agricultural use, recreation, and long-term land ownership.

Additional Information

Acres
58
Taxes
$1,100
Water
None
School District
North Gibson School Corp.
Elementary School
Princeton
Middle School
Princeton
High School
Princeton
Agent Name
Zach Holt

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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