Utilities: Power, Water, Cell Reception, Fiber Internet
Special Notes: River Front, Subdivision in Progress (3x 2-acre lots)
Nearest Town: New Pekin, IN 14 mins
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River Front Land in New Pekin Indiana
360 Panoramic View
Cash price: $60,000
Seller Financing Price: $85,000
20% Down Payment ($17,000), Loan Term 5 Years, Interest Rate 0% 60 Monthly Payments of $1,133.33
Welcome to this 6-acre parcel defined by mature trees, paved access, and multiple build sites on elevated terrain that slopes eastward down to the riverbank of the crystal clear Blue River, revealing expansive farmland views beyond.
Utilities are a non-issue here, with tap ready water lines easily accessible along the W West End Rd and power lines (with fiber internet) bisecting the property along a 40 ft clearing allowing for access across to the far boundary. Furthermore, an unimproved road branches from the power easement, creating a path down to the riverbank, hinting at enhanced accessibility.
The land is a treasure trove of mature trees, ensuring that whether you’re thinking of building a home or a business, privacy is guaranteed. This section of the Blue River is currently shallow creating a shaded bank to cool off and soak your feet or for kids to splash with the possibility of other activities like kayaking, tubing. The river is also 57 miles long providing multiple local fishing holes for angler aficionados, find frequently caught fish such as large mouthed bass, bluegill, catfish, and crappie.
In the midst of the subdivision process, potential buyers might wish to inquire further. This property is planned for 3, 2-acre lots each with riverfront and thus is only available in its contiguous form for a short amount of time. For the savvy investor this opportunity can be seized before the subdivision is completed.
Its dual R1 and A1 zoning make this land versatile, ready for residential living, agriculture, or even a business. County regulations are very lenient, with most restrictions adhering only to the Irc, opening up a plethora of possibilities. RV enthusiasts and campers will rejoice; the property welcomes RV stays for up to 180 days and boasts a camping-friendly environment.
One of its crowning features is the absence of HOAs or POAs you can truly live with the sense of freedom most buyers are looking for. With fully treed and landlocked land on the northern boundary and farmland to the east you can be assured that your land will remain a peaceful and private corner of the world to make a living.
With stellar cell service complementing the high-speed fiber internet, you’re always connected. The surrounding neighborhood is peaceful and well-maintained. Plus, with Salem and New Pekin, Indiana, just 14 minutes away, and Louisville, KY, at a 46-minute distance, urban amenities are within reach.
For other outdoor adventures you’ll find National Forest 40 minutes in either direction.
Brought to you by Vacant Land Bargains, this property stands as a beacon for those seeking a blend of rural charm and modern convenience. Both enticing cash offers and seller financing options await. Seize this unique Indiana land offering before it’s gone.
West side of the power easement terrain is gently rolling, East of the power easement the terrain begins to slope down towards the east and slope increases 300 ft down to the river bank.
Internet & Connectivity
Yes, fiber optic connection with same company that provides power. Verizon, AT&T and T-Mobile available.
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