Productive Tillable Acreage With Development Potential Near Petersburg, IN

Nestled in the quiet countryside northeast of Petersburg in the Alford area, this 10 acre property offers the perfect blend of productive farmland, development potential, and rural charm. Conveniently situated just minutes from SR-57 and I-69, and easily accessed via E County Road 650 N, this parcel is both private and highly accessible. Approximately 7.22 FSA-certified acres are tillable and primarily comprised of quality Hosmer Silt Loam soils, making this an excellent long-term agricultural investment. For those considering development, the property features gently rolling topography, is situated above the floodplain, and has access to electric, water, and internet utilities ideal for a small country estate and perfect for hobby farming. Developers will appreciate that this tract could be divided into 46 smaller parcels, making it a great fit for investors or builders seeking to develop spec homes in a peaceful, rural setting. Agent Remarks: This property is located within the Texas Gas Alford Storage Field and currently receives a small annual gas storage payment. Historical data indicate the possibility of a free gas hook-up, though further verification would be required. Farm Subject to 2025 tenant rights. Possession of farm will be after 2025 harvest. Open Tenancy for 2026.