25.62 Acres in Franklin, IN - $896,000
#2783 Dougherty Farm
This 25.62 +/- acre farm, located in the heart of Johnson County, offers incredible potential for both agricultural and developmental opportunities. Situated on Highway 135 between the rapidly growing towns of Bargersville and Trafalgar, this property boasts 600' of prime road frontage, ensuring excellent visibility and easy access. Currently zoned AR [Agricultural/Residential], the farm is positioned adjacent to heavy commercial zoning to the North, offering the possibility for both commercial and residential development. Despite its development potential, the farm remains highly productive, with a Weighted Average Production Index [WAPI] of 160.3, and is nearly all tillable.
The property has been professionally grid-tiled, with tile maps available for reference. Additionally, the farm benefits from a well that produces an impressive 120 gallons of water per minute, making it well-suit...
The property has been professionally grid-tiled, with tile maps available for reference. Additionally, the farm benefits from a well that produces an impressive 120 gallons of water per minute, making it well-suited for continued agricultural use. Buyers are encouraged to conduct their own due diligence regarding planning and zoning regulations.
This property is also located within the highly regarded Franklin School District, adding further appeal for residential development. Whether you're looking for a productive farm or a prime location for future growth, this farm offers exceptional value and possibilities.
Please contact LandProz Broker & Auctioneer Eric Richards at 317-557-1376 for more information regarding this property.
PROPERTY FEATURES
25.62 +/- Deeded Acres
25 +/- Tillable Acres
WAPI of 160.3
Productive soils
Road frontage on State Road 135
Franklin schools
Established well
Prominent soil types: Brookston silt loam & Crosby silt loam
Tenant possession at closing [with tenants rights]
Open to farm
28 Miles to Indianapolis, IN
5 Miles to Bargersville, IN
2 Miles to Trafalgar, IN
Real Estate taxes $1,071.60
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