Sr 262 Dillsboro, IN 47018

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Commercial Land

$315,000

Sr 262

29.34 Acres
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.

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Map to Sr 262, Dillsboro, IN 47018

Property
MLS # 21993088
Date Listed 2024-07-29
Status Active
Property Type Lots and Land
Property SubType Commercial Land
New Construction No
Type Commercial Land
Year Taxes Payable 2023
Days on Market 148
Zoning Ag
External Features
Construction Commercial Land
Lot Size 1,278,050 sq ft
Acreage 29.34 Acres
Fence None
Location
Area Ohio
County Ohio
Subdivision No Subdivision
Township Union
City Dillsboro
State IN
Zip 47018
Schools
School District Rising Sun-Ohio Co Com
Elementary Ohio County Elementary School
Middle School Ohio County Middle School
High School Rising Sun High School
Financial
Assoc. Dues $0.00

MLS# 21993088
Listing Provided Courtesy of Matt Springmeyer
Mossy Oak Properties
mspringmeyer@mossyoakproperties.com

Listing updated July 29, 2024 at 6:01 pm
Last checked 6 hours ago

IDX information provided by the MIBOR REALTOR® Association. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About Sr 262

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.