Listing courtesy of BOYD REALTY & DEVELOPMENT LLC · Listing agent: Edwin Boyd

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PendingAgriculture

W ST RD 56

$1,622,400

Petersburg, IN 47567

  • 164.2 acres
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Lot
164.24 ac
Type
Agriculture
Listed
October 2, 2026
MLS #
202640975

About this home

A rare opportunity to own a meaningful piece of Pike County farmland just outside Petersburg, Indiana. This offering includes six parcels totaling approximately 162.24 acres, presenting productive ground, strong location, and options that are hard to find in one package. The first two parcels, located just off W. County Road 400 N, include approximately 53.94 acres of exceptionally flat, currently farmed ground. With its convenient location outside Petersburg and wide-open layout, this acreage offers excellent potential for continued agricultural use, a hobby farm, or a future homesites. Just north, with access along Highway 56, including three additional parcels total approximately 95.1 acres. The property has had field tile installed .This large stretch of tillable ground is currently being farmed and offers the scale, access, and setting that land buyers look for. Whether added to an existing farming operation, held as a land investment, or considered for a future rural build site, this ground delivers room to think bigger. The layout may also offer appealing possibilities for a pond or hobby-farm setting, subject to approvals and buyer due diligence. Rounding out the offering is an additional approximately 13.2-acre parcel located off N. County Road 375 W. This tract is currently being farmed and provides additional productive acreage; it is not considered a potential building site. This is not just farmland—it is a chance to own acreage with scale, flexibility, productive use, and a location just minutes from Petersburg. Opportunities to acquire six parcels totaling more than 162 acres in this area do not come along often.

Property details

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
164.24 ac
Location type
Rural
County
Pike County
Township
Madison
Current use
Agricultural
Road frontage
State Road
Road surface
Paved
Road maintained by
State
Price per acre
$9,878
Easements
Yes
Platted
Yes
Planned unit development
No
Directions
Take State Hwy 56 West from the intersection of State Hwy 57 and State Hwy 56 Approximately 4.5 miles and property on the left 95.10 acres.Take State Hwy 56 West same dir 3 miles and turn left on N co Rd 375W to W CO RD 400N turn right to property.

Schools

Elementary school
Petersburg
Middle school
Pike Central
High school
Pike Central
School district
Pike County School Corp.

Taxes & terms

Annual taxes
$5,944
Tax year
2025
Listing terms
Cash, Conventional, USDA Loan, Federal Land Bank
Possession
at closing
Parcel number
63-01-25-200-002.000-005

Utilities

Water
City
Utilities
Water Available
Fuel
Electric, Available
Electric provider
REMC
Water provider
Pike-Gibson Water Inc

Location

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$1,622,400