111 S County Rd 500E, New Castle, IN 47362 - Henry County

905 Acres of prime farm ground located in New Castle, IN Henry County. The Farm is located on N 500 E, north of the Norfolk Railway. The farm has good soil and has been maintained by Harvestland for the last several years. Almost 800+/- acres are together and the remaining 120+/- are located less than a mile North.

About the Farm:

- 840+ of Tillable ground

- Current Cash Rent of $415 per acre = 2 payments a year of $174,300 (May & December)

- 3 Phase power being installed 500 feet from the farm for the new $21m Legacy Feed Plant

- Average Production is 220 for Corn & 60 for Beans

- Limed and Tiled the last two years

-150,000 Bushels of storage - 7 Grain Bins

- 2 Dryers

- 2 40 x 80 Barns

- 1 50 x 100 Tool Shed

- 1 14 Stall Horse Barn with a 120 x 60 Riding arena

- Farm was approved for an Ethanol Plant in 2006-2007

- Rail spur in place on the South end of the farm

- Farm is located within a 50-mile radius of a 3.5 million population, 7 major highways within 5 miles I70-40, State roads 3, 1, 35, 36, 38

- 4 miles of Road Frontage

- 6,500 Feet Plotted Runway

- There are 3 gas wells and 1 oil well on the property that are capped. Natural Spring on property that has been Gov't (Big Blue River Conservation) inspected for the last 10 years.