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LAND FOR SALE - 147.5+/- ACRES IN LAKE COUNTY, INDIANA

Merrillville, Lake County, Indiana - Southeast of I-65 & US 30 Interchange on Clay Street

List Price: $590,000 Code: MWW12L

• Total Acreage: 147.50 ac • Tillable: 71.6 ac

PROPERTY DESCRIPTION

147.5+/- Acres

This is not a drive-by property and you need to be on the property to fully appreciate it. The gates are locked so please contact Listing Agent for a private showing.

An outstanding hunting and recreational property that is unique, versatile and just a short drive from much of Lake and Porter Counties, Indiana. There is a great mix of cropland, woods, 2 ponds totaling 25 +/- acres and the Deep River crosses the property. Explore the property for your country home estate. There are 71.6 cropland acres per FSA, of which 31.4 +/- acres are in the Conservation Reserve Program (CRP). The CRP contract payment is $4,287.00 per year ($136.52 per acre). The CRP contract expires September 30, 2020. Contact the Listing Agent for additional FSA information. There is a bridge for crossing the Deep River to access the land in the southeast part of the property; however, there is no bridge over the Deep River to directly access a small amount of acreage east of the river in the east/northeast part of the property.

This Property is in the town of Merrillville and zoned Agriculture.

All deer blinds/stands and one deer feeder on the property go with the property.

Parts of the property are subject to restrictions for wetlands preservation. The restrictions, and the particular areas subject to the restrictions, are described in a Declaration of Restriction on Land Use recorded in 1994. Contact the Listing Agent for a copy of this Declaration.

Outstanding Hunting & Recreational Property

Deer, Waterfowl, Turkey and Trophy Quality Northern Pike

2 Ponds Totaling 25+/- Acres and the Deep River Crosses the Property

26+/- Deer Stands along with Duck & Goose Blinds Stay with Property

Productive Farmland with CRP Income

71.6+/- Cropland Acres of which 31.4+/- Acres are in CRP

Short Drive from much of Lake and Porter Counties

Investigate for Potential Home Site

Southeast of I-65 & US 30 Interchange

Real Estate Taxes (2018 Payable 2019): $3,369.50 (5 PINs)

Assessments: Little Cal River Basin: $450.00 / Storm Water Merrillville: $300.00

Possession: At closing subject to tenant rights for the 2019 crop.

Owner: Brothers Sand, LLC


PROPERTY LOCATION

From the I-65 and US 30 Interchange (Exit 253) in Merrillville, go east on US 30 approximately 2.3 miles to Clay St. Turn south (right) onto Clay St and go approximately 1 mile to the property on the east side of the road.


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