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Land Auction, Fayette Co Indiana

4751 Pennville Rd : Milton, IN 47357

Fayette County, Indiana

276 Acres
Land Auction
January 23, 2026 11:00 AM
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Ranch Description

• 2 Miles North of Connersville, IN • 2026 Crop Rights to Buyer w/ 201+/- Acres of row crops in 2025 • Premier Deer Hunting Tract w/ River Frontage • 58+/- Acres currently in the Indiana Classified Forest Program • Excellent Fertility (Former Dairy Farm) • (2) Country Homes with Extensive Livestock Improvements • Tracts from 5+/- Acres to 70+/- Acres • Potential Irrigation Opportunities for Value added Crops • Attention Crop Farmers, Hunters & Livestock Producers

Open House/Inspection Dates

Friday, December 26th from 10 AM - 12 Noon

Friday, January 2nd from 10 AM - 12 Noon

Wednesday, January 7th from 10 AM - 12 Noon

Wednesday, January 14th from 10 AM - 12 Noon

Meet Agent at Tract 3

Property Location

4751 Pennville Rd., Milton, IN 47357

From the northeast edge of Connersville, travel east on 30th St. to Waterloo Rd. Take Waterloo 1.5 miles to E. CR 440 North. Then right 1/4 mile to Pennville Rd. North on Pennville Rd. to the farm on both sides of the road.

Auction Location

Golay Community Center

1007 E. Main, Cambridge City, IN 47327

Located at the intersection of US 40 and State Hwy. 1 on the northwest corner.

Property Description

All acreages are approximate. (Secs. 31 & 32, Waterloo Twp)

Tract Descriptions

Tract 1: 69± ac with 59+/- FSA Tillable acres with the balance in classified forest. Frontage on Pennville Rd. with a mix of Genesee and Ninevah loam soils. Excellent fertility and impressive production history.

Tract 2: 58± ac with 47+/- FSA Tillable acres with the balance in woods (IN Classified Forest). Frontage on Pennville Rd. with predominantly Genesee river bottom loams. Excellent fertility levels from years of livestock production.

Tract 3: 10± ac with a mix of tillable and pastureland. Consider this tract as a potential estate building tract or combining with Tracts 1 or 4.

Tract 4: 11± ac with 2-story country farmhouse located at 4751 Pennville Rd., Milton, IN 47357 featuring extensive improvements which include:

2,350 sf. Home ready for your remodeling. Impressive concrete driveway.

(2) 20ft x 110ft concrete bunker silos

45ft x 81ft x 12ft Metal Sided pole barn

26ft x 105ft x 12ft Open-sided barn historically used for hay storage

Metal-sided Bank Barn with milking parlor and extensive improvements

Extensive investment in concrete / feeding floors / etc.

COME Examine The Opportunity that this tract has to offer.

Tract 5: 70± ac with 58+/- river bottom cropland acres and the balance in classified forest.

Tract 6: 9± ac with a mix of crop or pastureland. Potential estate building site with an elevated panoramic view.

Tract 7: 12± ac farmstead (4740 Pennville Rd., Milton, IN 47357) with a 2 story Farmhouse (2,090 sf) with an attached 2 car garage. Multiple buildings including 42ft x 60ft x 14ft pole barn, a 50ft x 90ft x 12ft pole barn and a 30ft Harvestore silo. Additional improvements compliment this tract. Small farmsteads like this are hard to find.

Tract 8: 5± ac nearly all cropland acres. Consider combining with Tracts 5, 7 or 9.

Tract 9: 32± ac of river and woodland. Premier hunting and recreational land. 22+/- acres are currently enrolled in the Indiana Classified Forest program.

Directions to Ranch

Property Location

4751 Pennville Rd., Milton, IN 47357

From the northeast edge of Connersville, travel east on 30th St. to Waterloo Rd. Take Waterloo 1.5 miles to E. CR 440 North. Then right 1/4 mile to Pennville Rd. North on Pennville Rd. to the farm on both sides of the road.

Auction Location

Golay Community Center

1007 E. Main, Cambridge City, IN 47327

Located at the intersection of US 40 and State Hwy. 1 on the northwest corner.

Home Details

2,350 Sq Ft

More Ranch Details

Has Residence / Home
RANCHFLIP ID
411807
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