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Land for Sale in Center Point, Indiana

State Road 46, Center Point, IN 47840

$637,000
58.5 acres
Active sale
ago
Est $4,695/mo

Discover the perfect blend of investment potential, recreational opportunity, and long-term value with this exceptional 59+/- acre property located in Center Point, Clay County, Indiana. Featuring approximately 36 acres of productive tillable farmland and 23 acres of wooded acreage, this versatile property offers multiple income streams while providing excellent wildlife habitat and outstanding recreational opportunities. The timber was harvested within the past 10 years and is regenerating into quality wildlife cover, creating ideal bedding areas for deer and excellent habitat for turkey and other game. The property includes established oil wells along with income-producing tillable acreage, generating an average of approximately $20,000 annually. With diverse revenue sources already in place, this farm offers immediate cash flow while providing excellent long-term investment potential. Whether you're looking to expand your farming operation, invest in income-producing real estate, establish a hunting property, or simply own a beautiful piece of Indiana land, this property offers a unique combination of productivity and recreation. Property Highlights 59+/- total acres Approximately 36 acres of productive tillable farmland Approximately 23 acres of regenerating wooded acreage Established oil wells providing additional income Average annual income of approximately $20,000 Excellent deer, turkey, and other wildlife habitat Strong combination of income, recreation, and investment potential Convenient location in Center Point, Clay County, Indiana Properties that offer productive farmland, multiple income sources, and outstanding recreational appeal are increasingly difficult to find. Whether you're looking for a strong investment, a hunting retreat, or a place to enjoy the outdoors, this Clay County property is one you won't want to miss.

Location

Street address
State Road 46
Zip code
47840
Elevation
640 feet
Coordinates
39.4113, -87.0527

Property details

Acreage
58.48 acres
Zoning
Ag
MLS #
THAAR 109925
Posted

Parcels

  • 11-07-23-200-003.000-020

Nearby schools

NameType
Clay CityElementary
Clay CityMiddle
Clay CityHigh

Listing history

DateEventPriceChangeSource
July 16, 2026New listing$637,000THAAR
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This 58.48-acre property is located at State Road 46 in Center Point, IN 47840. The land is available for sale, priced at $637,000 — $10,893 per acre.

Listed by Heritage Land and Home Realty, (812) 605-3163

Checked 2 hours agoUpdated Source

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