Key facts
- Lot
- 160.43 acres
- Type
- Land · Farm
- MLS #
- 22124038
- County
- Shelby
- Subdivision
- No Subdivision
About this home
This exceptional **160.33 acre property in Shelby County, Indiana**, is located just 8 miles from downtown Shelbyville and offers a rare opportunity to purchase the farm as a whole or in **four individual tracts**. The property combines highly productive tillable farmland, excellent road frontage, and a residential homestead with additional agricultural improvements, making it appealing to farmers, investors, recreational buyers, and those looking for a rural property close to Shelbyville. **Tract 1** contains approximately **53.20 acres**, including **47.23 tillable acres**, with an impressive **153.6 WAPI**. The tract has road frontage along both **600 South and 50 West**. Approximately 5 acres, including the residence, will be surveyed off and sold separately as Tract 4, leaving the remaining farmland as an efficient agricultural tract. **Tract 2** consists of **40 deeded acres** in a desirable square configuration at the intersection of **700 South and 50 West**. The tract contains approximately **38.29 tillable acres** and carries a strong **150.9 WAPI**, making it an excellent addition to a farming operation or a quality standalone investment. **Tract 3** offers approximately **60.13 acres**, with approximately **61.08 tillable acres** reported, and a **150.7 WAPI**. The tract has road frontage along **600 South** and provides a highly productive agricultural parcel with an efficient layout and excellent farming potential. **Tract 4** consists of approximately **2 acres**, to be surveyed from Tract 1, and includes the existing farmhouse, older barn, and the well located in the farm field to the west. The approximately **1,138-square-foot farmhouse** features **2 bedrooms and 1 bathroom** and would make a great fixer-upper or rural residence project. The property also includes an older barn that could provide useful space for livestock, equipment, storage, or a variety of other agricultural purposes. Whether purchased as one contiguous property o
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Zoning
- Agriculture
Schools
- School district
- Shelby Eastern Schools
Taxes
- Estimated annual tax
- $6,252 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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