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0 N State RD 9

Morristown, IN 46161

ActiveListed May 1, 2026 · 3 days on market

Key facts

Lot
61 acres
Type
Land · Farm
MLS #
22098560
County
Shelby
Subdivision
No Subdivision

About this home

Rare opportunity to own 61 acres in Shelby County, offered for the first time from a long-held family farm. This income-producing property has been leased for crops for many years, with approximately 51 tillable acres-21 acres on the east side of State Rd 9 and 30 acres on the west. Last season planted in soybeans. The west parcel features remnants of a former home and barn, an existing well, and approximately 2.5 wooded acres with a shelter house near scenic Brandywine Creek. Ideal for investors, farming, or a private retreat with natural beauty and history.

Description provided by the listing brokerage.

Systems

Sewer
Not Applicable

Lot and HOA

Lot features
AccessNot In SubdivisionRural - Not Subdivision
Zoning
agriculture

Schools

School district
Shelby Eastern Schools

Taxes

Estimated annual tax
$1,650 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$6,606per month, estimated
Principal and interest $6,049Property tax $138Insurance $420
20% · $240,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$1,200,000
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