40 Acre Farm, Vacant Land In Spencer County IN

This 40-acre tract is located in southeastern Clay Township in Spencer County, Indiana, north of Newtonville and southwest of Lamar. The property is accessed by a recorded deeded easement for ingress and egress that originates from paved County Road 1100 North and extends approximately 1,400 feet before entering the parcel at its northwest corner. The 30' wide easement provides legal access to the property.The land has been actively used as a cattle operation for many years. The current owner has successfully supported approximately 24 cow and calf pairs plus a bull on the property. Existing improvements include a small feedlot area estimated at 1.5 acres, along with basic sorting pens that are functional for livestock handling. A gravity-fed trough waterer supplies water year-round and is fed from an approximately three-quarter-acre pond located at a higher elevation on the property.Perimeter fencing consists primarily of woven wire with a barbed top strand. While portions of the fencing could benefit from updates, the layout provides an enclosure suitable for livestock. In addition, the owner currently runs a solar powered interior hot wire system to assist with rotational grazing and containment.The tract was partially surface mined and reclaimed. As a result, the property features gently rolling topography with open pasture ground and reclaimed soils. These characteristics have supported long term agricultural use and provide flexibility for future land management practices.While the property is not currently approved for residential construction, a buyer may explore the possibility of a homesite through the Spencer County Area Plan Commission. Approval would likely require a variance related to minimum road frontage requirements. Any future development would be subject to county review, zoning regulations, and applicable regulations. No guarantees regarding building approval are implied.An elevated area overlooking the approximately 0.75 acre pond offers a potential location to consider for a future homesite, subject to all required approvals. The setting provides open views across the property and surrounding countryside.This property may appeal to buyers seeking a manageable acreage for agricultural use, livestock operations, or recreational purposes. It could also serve those interested in small scale agricultural enterprises such as beef, poultry, or pasture based egg production. The combination of legal access, established agricultural use, water resources, and functional improvements provides a solid foundation for a variety of land uses.