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Agricultural & Residential Land for Sale in Petersburg, Indiana

W State Road 56, Petersburg, IN 47567

$1,622,400
164 acres
Active sale
ago
Est $11,500/mo

A rare opportunity to own a meaningful piece of Pike County farmland just outside Petersburg, Indiana. This offering includes six parcels totaling approximately 162.24 acres, presenting productive ground, strong location, and options that are hard to find in one package. The first two parcels, located just off W. County Road 400 N, include approximately 53.94 acres of exceptionally flat, currently farmed ground. With its convenient location outside Petersburg and wide-open layout, this acreage offers excellent potential for continued agricultural use, a hobby farm, or a future homesites. Just north, with access along Highway 56, including three additional parcels total approximately 95.1 acres. The property has had field tile installed .This large stretch of tillable ground is currently being farmed and offers the scale, access, and setting that land buyers look for. Whether added to an existing farming operation, held as a land investment, or considered for a future rural build site, this ground delivers room to think bigger. The layout may also offer appealing possibilities for a pond or hobby-farm setting, subject to approvals and buyer due diligence. Rounding out the offering is an additional approximately 13.2-acre parcel located off N. County Road 375 W. This tract is currently being farmed and provides additional productive acreage; it is not considered a potential building site. This is not just farmland-it is a chance to own acreage with scale, flexibility, productive use, and a location just minutes from Petersburg. Opportunities to acquire six parcels totaling more than 162 acres in this area do not come along often.

Location

Street address
W State Road 56
Zip code
47567
School district
Pike County School Corp.
Elevation
448 feet
Coordinates
38.4944, -87.3663

Directions

Take State Hwy 56 West from the intersection of State Hwy 57 and State Hwy 56 Approximately 4.5 miles and property on the left 95.10 acres.Take State Hwy 56 West same dir 3 miles and turn left on N co Rd 375W to W CO RD 400N turn right to property.

Property details

Acreage
164.24 acres
MLS #
SWAOR 202640975
Posted

Property taxes

2025
$5,944

Parcels

  • 63-01-25-200-002.000-005

Legal description

Details and features

Listing

Type
Land

Lot

Features
Level, Rural, Slope, Tillable

Nearby schools

NameTypeDistrict
PetersburgElementaryPike County School Corp.
Pike CentralMiddlePike County School Corp.
Pike CentralHighPike County School Corp.

Listing history

DateEventPriceChangeSource
Oct 2, 2026New listing$1,622,400—SWAOR
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This 164.24-acre property is located at W State Road 56 in Petersburg, IN 47567. The land is available for sale, priced at $1,622,400 — $9,878 per acre.

Listed by Boyd Realty & Development, (812) 789-3649

Checked 2 hours agoUpdated

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