The Loranda Group, Inc. is pleased to offer for sale 50.6 +/- acres located 7 miles E of Lafayette, 3 miles N of Dayton, or 8 miles SW of Rossville, in Section 1 of Sheffield Township, Tippecanoe County, Indiana. This acreage is predominately tillable and offers a reasonable cash flow stream from the annual cash rent payments.
This property contains approximately 46 tillable acres and the predominant soil types are Camden silt loam, Fincastle-Crosby complex, and Rockfield silt loam. The real estate taxes for 2019 payable in 2020 are approximately $29.00 per acre.
The asking price for the property is $531,300.00 or $10,500 per acre. The owner would prefer a leaseback for future years though that is not a requirement of the sale.
For additional information, please download the brochure and/or contact John Moss at 800.716.8189 or firstname.lastname@example.org .