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Recreational Land & Farm for Sale in Milroy, Indiana

9261 State Road 3, Milroy, IN 46156

$1,700,000
182 acres
pending
Under contract

At the end of the day, there is no other type of investment safer than investment in recreational, agricultural, or timbered real estate. And lo and behold...this unique property offers it all! Located within 90 minutes of both the Indianapolis and greater Cincinnati markets, and possessing approximately a half mile of direct frontage on Little Flatrock River, this highly diversified property possesses a beautiful blend of income-producing tillable farm ground, a growing, thriving stand of precious hardwoods, and land that serves as a superior habitat to support whitetail deer and flocks of gobblers! The 80+ acres of tillable ground have produced a steady source of farm income for many years, while at the same time providing a valuable source of nutrition that supports significant deer activity. And speaking of the deer herd, this property has produced (3) trophy bucks over the past 10 years that have scored in excess of 160 on the Boone & Crockett scale, with the largest scoring over 200! The property also contains pockets of healthy, growing hardwood that, when managed properly, could provide a source of significant timber revenue every 8-10 years via selective timber harvests. Major portions of this property should easily conform to a number of federal and state land management conservation programs, most notably the Conservation Reserve Program (CRP). In addition to enabling long-term protection of the natural habitat, such a program can also have a very beneficial effect on real estate tax assessments. This beautiful, expansive tract located in southern Rush County possesses a rare diversity of highly sought after property characteristics such as 80+ acres of tillable real estate, over 50 acres of hardwood canopy, and a supreme hunting venue. An existing network of ATV trails provides easy access to all portions of the property. Opportunities such as this don't come around often. Call today to schedule your private tour of this amazing property!

Location

Street address
9261 State Road 3
Community
Rush - Anderson
School district
Rush County Schools
Elevation
926 feet
Coordinates
39.4733, -85.4865

Property details

Acreage
181.54 acres
Zoning
Agricultural
MLS #
MIBOR 22072731
Posted

Parcels

  • 701423400001000001

Legal description

Details and features

Listing

Type
Land
Subtype
Farm

Lot

View
Forest, River
Waterfront
River Access, Waterfront

Exterior

Fencing
Fenced
Features
Fencing

Nearby schools

NameLevelDistrictDescription
Benjamin Rush Middle SchoolMiddleRush County Schools
Rushville Consolidated High SchoolHighRush County Schools

Listing history

DateEventPriceChangeSource
Jan 21, 2026New listing$1,700,000MIBOR
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This 181.54-acre property is located at 9261 State Road 3 in Milroy, IN 46156. The property is pending sale.

Checked 2 hours ago — Updated

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