V/L Red Bud Trail

Description

Nearly 30 acres of versatile, scenic land offering a rare blend of privacy, income potential, and future development opportunity. The parcel features road frontage and elevated positioning along Red Bud Trail, along with a private, extended drive from Snow Road leading to a former homesite in the northeast corner complete with existing electric service. The landscape is beautifully diverse, including approximately 4.5 acres of mature wooded hillside in the southeast portion, dotted with established walnut trees, and expansive open acreage currently farmed for rental income. Formerly vineyards, the property presents multiple potential building sites with sweeping countryside views. Ideally located just minutes from the US-31 Bypass via Snow Road and approximately 20 minutes to South Bend International Airport, this property offers both convenience and seclusion. Zoned E-1 Estate Residential, allowing for a range of specialty uses including a winery, equestrian facility, or private estate. Excellent recreational opportunity with noted hunting potential. A Farmland Development Rights Agreement (FDRA) is in place on 26.86 acres of the 29.83-acre parcel. Taxable value may remain capped if the land continues to be farmed and the buyer files Treasury Form 3676 at closing. Possible owner financing available. Adjacent 2.06 building site also available for purchase.