$315,000
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.
GPS Friendly
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 |
Construction | Commercial Land |
---|---|
Lot Size | 1,278,050 sq ft |
Acreage | 29.34 Acres |
Fence | None |
Area | Ohio |
---|---|
County | Ohio |
Subdivision | No Subdivision |
Township | Union |
City | Dillsboro |
State | IN |
Zip | 47018 |
School District | Rising Sun-Ohio Co Com |
---|---|
Elementary | Ohio County Elementary School |
Middle School | Ohio County Middle School |
High School | Rising Sun High School |
Assoc. Dues | $0.00 |
---|
MLS# 21993088
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.
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