0 N Waverly Park Rd, Martinsville, IN 46151

$3,520,000 List Price
Sold on 5/04/2026
 
Listing ID 11636524
Property Type Farm/Estate
County Morgan
Total Tax $2,950
FEMA Flood Map fema.gov/portal
   
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Fantastic location and a truly rare offering. Properties of this size, quality, and continuity seldom come to the open market, particularly those that have remained in the same family for generations. This remarkable 355± contiguous-acre farm is located in highly desirable Morgan County, Indiana, positioned just north of Martinsville and south of Bargersville with excellent access from I-37/I-69. The property's western boundary is defined by the White River, providing both natural beauty and a distinctive feature that enhances long-term value and desirability. Approximately 320 acres are tillable and currently being farmed, producing an estimated $65,000 per year in annual income. The balance of the acreage offers potential for recreational use, future improvements, or conservation value, while still maintaining the integrity of a large, contiguous tract. The scale and layout of this farm are increasingly difficult to find, especially in a location experiencing steady growth and strong demand for land. This property is well suited for a variety of buyers, including farmers seeking to expand an existing operation, investors hoping to diversify their portfolio, or buyers seeking to complete a 1031 exchange. The combination of productive soils, consistent income, and proximity to major transportation corridors positions this farm as both a short-term income producer and a potential long-term appreciation investment. The farm has recently been surveyed, and preliminary title work has already been completed, allowing for a smoother and more efficient transaction. 2024 corn and soybean seeding and yield reports are available upon request, offering transparency and confidence for prospective buyers. With its generational history, productive acreage, river frontage, and outstanding location, this is a rare opportunity to acquire a premier Indiana farm that will stand the test of time.
Property Details
  • 356.00 Acres
  • Available 1/15/2026
Taxes and Fees
  • $2,950 Total Tax
  • Tax Year 2024
Sale Information
  • Sold on 5/04/2026
  • Sold for $3,200,000
Previously Listed By
Geswein Farm & Land Realty
Office: 317-840-1764
Mobile: 317-840-1764
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