289 Acres in Clinton, IN - $1,200,000
This Vermillion County property pays for itself.
In addition to great income, this property has produced some incredible whitetails, which will only get better as the CREP acres mature and become thicker. Neighboring properties are also in crop production or CREP. Four sources of water give the resident wildlife plenty of places to drink year round. A small drainage creek cuts through the property from north to south. There are two fresh water springs that run even during the driest of summers, and Brouillette's Creek forms part of the south border. Brouillette's Creek offers some great freshwater fishing in the summer and duck hunting in the fall. The wooded acres are steep with a lot of nice trees for plenty of stand locations. The deer sign is everywhere in the form of rubs, scrapes, and trails that have been worn down from years of use. The many ridge tops produce a lot of roosting t...
In addition to great income, this property has produced some incredible whitetails, which will only get better as the CREP acres mature and become thicker. Neighboring properties are also in crop production or CREP. Four sources of water give the resident wildlife plenty of places to drink year round. A small drainage creek cuts through the property from north to south. There are two fresh water springs that run even during the driest of summers, and Brouillette's Creek forms part of the south border. Brouillette's Creek offers some great freshwater fishing in the summer and duck hunting in the fall. The wooded acres are steep with a lot of nice trees for plenty of stand locations. The deer sign is everywhere in the form of rubs, scrapes, and trails that have been worn down from years of use. The many ridge tops produce a lot of roosting trees for the resident turkeys. Access to the property is very good with county road frontage on two sides and two easements for easy access. Both city water and power are available to supply that new home or cabin. Building sites are not an issue; residential development is even an option. Here is the breakdown of acres and income:
Income per year: Tillable $18,000.00
Filter grass $2,700.00
CREP (CP31) $28,522.80
Total = $49,222.80 per year for the next 7 years = $344,559.60
Total = 46,552.80 per years 8,9,and 10 = $139,658.40
Total income over first 10 years = $484,218.00
This property truly has it all and is a must see. To schedule a property visit contact Jeff Michalic 812-230-4503 or email him at [Email listed above]
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