21 days on rocket

OFF E Monroe St, Princeton, IN, 47670

$3,990,000

Land

Location

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Property Highlights

Home TypeAgriculture
MLS #202439883
Lot Size178.00 Acres
StatusActive

About OFF E Monroe St

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!

Property Details

Property Features

Listing Office:

  • Office Name: Whitetail Properties Real Estate
  • Office Phone: (812) 887-2954
  • Listing Agent: Zach Holt

Virtual/3D Tour

  • Virtual Tour: OFF E Monroe St
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Lot Features

Lot Information:

  • Lot Size: 178.00 Acres

School Info

Assigned Schools Information:

  • Princeton Community High School, Public District Grades 9-12
  • Princeton Community Middle School, Public District Grades 6-8
  • Princeton Community Intermediate School, Public District Grades KG-5

Other

Directions Information:

  • Directions: https://maps.app.goo.gl/etUxqxzUyaJT4bP77

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,990,000
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Housing Market Comparison

See how this home compares to others in Princeton, IN.

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Princeton, IN

City

Med. Sold Price

$263.5K

Med. Price/SqFt

$117

# of Sold Homes

14

OFF E Monroe St vs Princeton

21 DAYS ON ROCKET

$3,990,000

+$3.7M More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price in Princeton, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202439883

Listing Office:

  • Office Name: Whitetail Properties Real Estate
  • Office Phone: (812) 887-2954
  • Listing Agent: Zach Holt

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$19.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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NMLS#3030

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.

Elementary School

school-card-donut-1792754
4
/10

  • Princeton Community Intermediate School

  • 1108 N Embree St

  • 1.31 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1792755
3
/10

  • Princeton Community Middle School

  • 410 E State St

  • 0.40 miles

  • Public District Grades 6-8

High School

school-card-donut-1792756
3
/10

  • Princeton Community High School

  • 1101 N Main St

  • 0.44 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,221. Residents of Princeton, IN typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area 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?

Active Listing: OFF E Monroe St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for OFF E Monroe St are:
Princeton Community Intermediate School: GreatSchools Rating 4/10
Princeton Community Middle School: GreatSchools Rating 3/10
Princeton Community High School: GreatSchools Rating 3/10
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Rocket Homes›Indiana›Gibson County›Princeton›47670›OFF E Monroe St

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.

Princeton, IN housing market in October 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 7 sold below. The inventory of homes for sale in Princeton, IN between September 2024 and October 2024 increased by 7%.

From Rocket Homes Real Estate and based on county public records data.

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