Located just behind Superior Ag off SR 64 on Princeton’s southeast side, this sprawling 178-acre farm offers an incredible investment opportunity. Available with open tenancy for 2025, the property features 176.58+/- highly productive tillable acres, primarily composed of Ragsdale Silt Loam soils, renowned for their fertility. Currently, under careful management, the farm provides above-average returns, making it an excellent long-term investment. The tenant farmer is willing to continue maintaining the property, ensuring consistent care and productivity. In addition to its agricultural value, this land presents significant potential for residential, commercial, or industrial development. It offers multiple access points, including the ends of E. Monroe St. and possibly E. Mulberry St. & E. Christian St. The property features frontage along E. Evans St., intersecting with S. Washington, S. Adams, S. Jefferson, and S. Madison Streets. SR 64 is less than 900 feet from the northern boundary. Further enhancing its appeal, the property is situated outside the 500-year floodplain, in close proximity to South Side Park and Saint Joseph Primary School, and surrounded by existing utilities—including electric, water, sewer, and internet services. This site is shovel ready for immediate development. With its prime location, substantial size, and versatile potential uses, this property is an outstanding opportunity for developers or investors seeking to capitalize on it's build-ability. Regardless of your intended use, there is no doubt a rising demand for premium agricultural and development land in the area!
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
Princeton Community Intermediate School
1104 N Embree St
Distance between this listing and this school1.40 miles
Public District Grades KG-5
6
/10
Francisco Elementary School
302 E Main St
Distance between this listing and this school6.80 miles
Public District Grades KG-6
4
/10
Oakland City Elementary School
945 S Franklin St Ste B
Distance between this listing and this school11.70 miles
Public District Grades PK-6
Nearby Schools
3
/10
Princeton Community Middle School
1106 N Embree St
Distance between this listing and this school1.40 miles
Public District Grades 6-8
6
/10
Fort Branch Community School
7670 S Eastview Ln
Distance between this listing and this school7.61 miles
Public District Grades KG-8
7
/10
Owensville Community School
6569 S State Road 65
Distance between this listing and this school9.62 miles
Public District Grades KG-8
Nearby Schools
2
/10
Princeton Community High School
1101 N Main St
Distance between this listing and this school1.28 miles
Public District Grades 9-12
5
/10
Gibson Southern High School
3499 W 800 S
Distance between this listing and this school8.71 miles
Public District Grades 9-12
3
/10
Mt. Carmel High School
201 N Pear St
Distance between this listing and this school10.97 miles
The neighbors living near this home have an average income of $43,221. The most common annual income of people living in Princeton, IN is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About OFF E Monroe St
What is the listing price of this property?
The listing price of OFF E Monroe St property is $3,990,000.
What type of property is this?
The property OFF E Monroe St is land located in Princeton, Indiana, 47670.
Is this property for sale now?
Sale Pending: OFF E Monroe St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
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This home is located at OFF E Monroe St in Princeton, IN and zip code 47670. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $3,990,000.
In November 2024 more than 5 listings in Princeton, IN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 5 were sold below. Between October 2024 and November 2024, Princeton, IN real estate market has seen decrease in the number of listings by 1.7%.
From Rocket Homes Real Estate and based on county public records data.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. ©2011-2024 Indiana Regional MLS. All rights reserved.
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