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(SOLD) $749,900

  • 108.00 Acres

Property Description for Yockey Road Mitchell, IN 47446

Situated along the south side of the White River Bottoms, this farm features an impressive 1800'+/- of paved county road frontage. This expansive homestead farm spans over 100 acres, offering a rare opportunity to revive its rich agricultural heritage. Once the backbone for multiple families, the property features overgrown fields that have been taken over by cedars and are ready to be revitalized. It's an ideal setting for anyone looking to start a cattle operation or develop an Amish homestead, with multiple homesites available along the extensive road frontage, all serviced by essential utilities. At the heart of the property are two main fields consisting of Bedford Silt Loam soils, which are highly regarded for their minimal limitations and exceptional suitability for cultivation. This fertile land is well-suited for various farming ventures, promising strong agricultural potential once cleared. The property also serves as a paradise for wildlife enthusiasts, offering some of the best deer hunting opportunities in the area. Being part of a larger 700-acre block of timber, the land benefits from conservation-minded neighbors, ensuring the surrounding ecosystem remains in check. A wet-weather creek winds through the property, naturally dividing it into a northern third and a southern two-thirds, adding character and diversity to the landscape while providing deer a natural travel corridor. The land is strategically positioned outside any flood plain and bordered by vast agricultural fields and extensive timberlands, making it an exceptional choice for farming and hunting. Whether you dream of building your home on the front acreage and enjoying prime hunting right outside your back door or transforming this expansive land into a productive farming enterprise, this property offers limitless possibilities for those seeking a perfect blend of rural living and investment potential.

Address:Yockey Road Mitchell IN 47446
Status:Sold
Sold On: 9/30/2024
Price:$749,900
Bathrooms:0
Lot Size:108.00
County: Lawrence County
Township: Marion
School System : Mitchell Community
MLS #:202431970
Property Type:Agricultural Land

Lot Dimensions:1780' x 2620'
Directions:https://maps.app.goo.gl/pHh8ou4cJyGMYwkm8

Loan Price
$4,356
Price And Interest $3,912/month
Property Tax $132/month
MTG INS $0/month
HOME INS $312/month
Price
$749,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$132/month
Home Owner Insurance
$3,744 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$794
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47446

School System:Mitchell Community
High School:Mitchell
Middle School:Mitchell
Elementary School:Burris/Hatfield

Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company

Listing provided courtesy of Zach Holt and Kris Christianson with Whitetail Properties Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Mitchell Market Report

229
Avg. DOM
$126.13
Avg. $ / Sq.Ft.
$ 183,500
Med. List Price

The house prices in Mitchell are not dropping at the moment. There has been a increase in price of $16,021.43. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Mitchell are going Up. The average house price is $185,000.00 and the average price per square feet is $122.17 per square feet. At the moment, the amount of homes listed is exactly 144 houses, with 45 with active status, 6 with pending status and 93 sold in Mitchell .

The most popular place to buy a home in Mitchell is 4707 - Lawrence - Marion. 4707 - Lawrence - Marion is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Mitchell .

The average amount of property taxes you would have to pay for a home in Mitchell is $1,297.69. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Mitchell are staying listed for an average of 63 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Mitchell was 2758 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Mitchell is $650,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Mitchell is $22,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Mitchell in year 1856 and the newest built house is in year 2024.

The average size of properties in Mitchell is 1627.38 sq.ft. , the biggest one being 3912 sq.ft. and the smaller being 500 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.