From: Gary Metzger
For Sale 180 Acres near Napolean
FOR SALE: APROX. 180 ACRES OF TILLABLE LAND SOUTH OF NAPOLEAN
There is the opportunity to purchase land a few miles south of Napolean, just north of Truman Road in Western Lafayette County. The property has passed into the hands of the heirs and the deceased parents would love to have it stay in the Restoration, but will be placed on the Real Estate market within about 10 days. There is a very nice 2-story home, 3 car garage and large metal building also on the property. Zoning allows for dividing into 20 acres lots. The acreage is currently in 50% corn and 50% beans.
The proposed listing price will be $2.1 Million (approx. $11,666/acre) before factoring in building improvements. Thus, each of the 9, 20 acre lots would be valued at just over $230K...Again, before accounting for the approx. $300+ value of building improvements.
It is being sold in one block. Should there be interest in purchasing this property, or you feel led to work in association with another approximately 8 persons as part of a land association, please contact before October 18th:
Gary Metzger (to serve only as coordinator of interested parties)
816-726-0777
gary_metzger@yahoo.com
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