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Land For Sale In Clay County, Indiana

205 +/- Acres /

$1,850,000

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Investment Property

Solar Farm Properties. This 205 acre parcel is located in Clay County, Indiana. It is split into two separate solar farms. One is south of Brazil, one just east of Brazil, IN 47834. Asking price $1,850,000.00 for both properties together. Property 1 located in Staunton 168 acres total. 45 acres of solar farm. Income from the lease of solar is $45,000.00 annually. Payments on solar lease are bi-annual. 40 years remaining on lease of solar farm. 80 acres of tillable farmed on shares. Average income for this is $17,000.00 annually. 10 acres of timber Remaining acreage is part of a lake and grasslands. Fishing is excellent. Income for the next 40 years: $1,800,000.00 solar + $680,000.00 = $2,480,000.00 Property 2 located in Brazil just northwest of the high school. 40 acres total 40 acre solar farm. Income from the lease of solar is $33,000.00 annually. Payments on solar lease are bi-annual 35 years remaining on the lease. Income for the next 35 years = 1,155,000.00 solar Total for both farms = $3,635,000.00. The Lessee pays the property taxes on the ground they lease. $6,000.00 Property owner pays the property taxes on the remaining ground. Cost is $26.00 per acre. For more information, contact Caleb Emrick at 812.605.3163 or Todd Harrison at 812.229.1189.

Facts and Features / MOPLS #53199

  • Type
    Farmland
    Lot Size
    205 +/- Acres
    Main Structure
  • Wildlife
    Turkey
    Waterfowl
    Whitetail
  • Water Access
    Lake
    Other
    Road Frontage

Address & Coordinates

Brazil, IN 47834
Latitude: 39.5237, Longitude: -87.1250

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