$ 315,000
0 Sr 262 Dillsboro, IN 47018
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Listed by Matt Springmeyer • Mossy Oak Properties
$ 315,000
Est. payment | /mo
29.34 Acres Lot
$ 315,000
Est. payment | /mo
29.34 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 21993088
Tax Year 2023
Lot Size 29.340 Acres
Acres 29.34
Property Description
Nestled in the scenic Ohio County near Dillsboro, Indiana, this 29-acre Black Walnut Plantation presents a rare and lucrative investment opportunity. Established 25 years ago, this plantation boasts a thriving stand of genetically superior Purdue #1 Black Walnut trees, developed by esteemed Purdue University professor, Walt Beineke. These trees, known for their rapid growth and straighter trunks, were cultivated directly from walnut seeds rather than bare root transplants, ensuring their robustness and vitality. The trees in the plantation has been limbed up to 20 feet, promoting exceptional timber quality. The plantation's significance is underscored by its selection as the site for the annual Walnut Council meetings in 2006 and 2012. Designed with precision, the trees are planted in north/south and east/west rows to maximize sunlight exposure. This strategic layout not only enhances growth but also facilitates easy maintenance, with the option to mow in both directions. Additionally, a nurse crop of Black Locust trees was planted to enrich the soil with nitrogen, further promoting the walnut trees' growth. These locust trees, now outpaced by the towering walnuts, offer potential for harvest as fence posts or firewood. Located at the confluence of two creeks, the property also provides excellent recreational opportunities, including kayaking, canoeing, fishing, camping, and hunting for whitetail deer and turkey.
Location
State IN
County Ohio
Zoning Ag
Interior
Fireplace N
Exterior
Waterfront true
Building
Sewer Not Applicable
New Construction false
Schools
Elementary Schools Ohio County Elementary School
Middle Schools Ohio County Middle School
High Schools Rising Sun High School
School District Rising Sun-Ohio Co Com
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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Denise Wilson
REALTOR® | Lic# RB14030234
8310 Allison Point Blvd Suite 201, Indianapolis, IN, 46250, USA