For Sale322d on market
E State Rd #16
Twelve Mile, IN, 46988 • 46988 • Cass County
$335,000
-$5,000 since Jan 27, 2026
29.7 acLot
Property DNA
None
46988
Market activity
Demand and pricing signals for this listing
31 views
People checking out this listing
2 saves
Buyers have saved this home
322 days on market
Established listing
About this home
Lot
29.7 Acres of Prime Tillable Land – Cass County, IN Opportunity awaits with this 29.7-acre parcel of productive, tillable land located just off State Road 16, west of Twelve Mile. With road frontage on both SR 16 and 600 E, this property offers excellent accessibility and visibility. 132.7 WAPI 68.1 NCCPI avg. Currently under cash rent at $250 per acre, this land provides immediate income potential for investors or owner-operators. The dual road frontage makes it ideal for a variety of future uses—whether you're looking to build a home and start a mini farm, expand agricultural operations, explore commercial possibilities, or develop the land (subject to Cass County zoning regulations). Whether you're an investor, farmer, or visionary developer, this property is a versatile piece of rural Indiana with strong potential. Seller willing to do owner financing at 4.9% and open to terms.
Standout features identified
Our analysis highlights dual road frontage, productive tillable land, and excellent accessibility as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,098/month
Principal & Interest$1,652
Property Tax$335
Insurance$112
Down payment20% ($67,000)
3%50%
Est. 6.26% rate · 30yr fixed · $268,000 loan
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At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeAgriculture
Systems
Water / SewerNone / None
Parking & Outdoor
ParkingNone
FencingNone
Lot29.70 Acres
Location & Tax
Neighborhood46988
Annual tax$759
Parcel090224200015.000002
Features & details
2 categories of property features
Exterior Features
Parking
None
Lot Features
Corner Lot
Undeveloped
Tillable
Rural
Listing insights
Market data and value estimates
StatusFor Sale
Days on market322
Tax rate0.69%
On marketMay 21, 2025
PostedMay 21, 2025
MLS statusActive
MLS updatedJan 27, 2026
Tour days6
Views31
Favorites2
How are the schools in Twelve Mile?
2 schools rated nearby
Location
Twelve Mile, IN, 46988
Price history
3 events
DateEventPrice$/sqftSource
Jan 27, 2026Price Change$335,000—IRMLS
Jul 28, 2025Price Change$340,000—IRMLS
May 21, 2025Listed For Sale$350,000—IRMLS
Price Change$335,000
Jan 27, 2026•IRMLS
Price Change$340,000
Jul 28, 2025•IRMLS
Listed For Sale$350,000
May 21, 2025•IRMLS
Nearby homes
Neighborhood details
Local context around this listing
Twelve Mile, IN • Cass County
Nearby cities
GalvestonLogansportLucerneNew WaverlyOnwardRoyal CenterTwelve MileWalton
Nearby zip codes
4694746988
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