155 S 575 E

Rensselaer, IN 47978

$795,000
Last Sold Price
3,310,560 / 76
Lot Size / Acres
Get preapproved with Rocket Mortgage1
Sold 9/30/25
Sold 9/30/25

Description

Located in both Newton and Jasper Counties, this 76 +/- acre income-producing farm offers an incredible opportunity for farmers, investors, or those looking to build their future home. Property Highlights: Prime Location: Just one mile from the Interstate 65 on-ramp, providing easy access to Chicago, Lafayette, and Indianapolis. The property is also just down the road from Fair Oaks Farms, a well-known agritourism destination and family attraction. Acreage: The majority of the land is productive...Located in both Newton and Jasper Counties, this 76 +/- acre income-producing farm offers an incredible opportunity for farmers, investors, or those looking to build their future home. Property Highlights: Prime Location: Just one mile from the Interstate 65 on-ramp, providing easy access to Chicago, Lafayette, and Indianapolis. The property is also just down the road from Fair Oaks Farms, a well-known agritourism destination and family attraction. Acreage: The majority of the land is productive tillable acreage, generating annual income and suitable for continued farming or leasing. Road Frontage: Excellent access with frontage on both the north and west sides of the property. Potential Building Sites: Multiple ideal locations to build your dream home, hobby farm, or country estate. Recreational Appeal: A small wooded area on the property provides hunting and outdoor recreation potential, making this property versatile for both income and lifestyle. Why This Property Stands Out: The combination of prime farmland, proximity to I-65, and its location near Fair Oaks Farms makes this a rare opportunity. Whether you’re looking for a productive farm, an investment with strong potential, or a beautiful site for your future home with hunting and recreational perks, this property checks all the boxes.
  1. Listed by Brecken Kennedy • Mossy Oak Properties/Indiana Land and Lifestyle

Property Details for 155 South 575 East

Subdivision
None
Waterfront
No
LISTING UPDATED: 09/30/2025 07:32 PM

Property Details for 155 South 575 East

StatusSold
MLS #202533560
Days on Market1
Taxes$1,731 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Lands / Agricultural Land
Year Built-
Lot Size76.00 AC
CountyNewton County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Mossy Oak Properties/Indiana Land and Lifestyle

Sold By Mossy Oak Properties/Indiana Land and Lifestyle

Add your commute

Building Information for 155 South 575 East

Lot Size76.00 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,147 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,003

Property Taxes

$144

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 155 South 575 East

Summary
Location and General Information
  • Area: Jasper County
  • City: Fair Oaks
  • Zip Code: 47943
  • State: IN
  • Township: Newton
  • Geo Latitude: 41
  • Geo Longitude: -87
  • Road Access: County
  • Fips Code: 18073
  • Directions To Property: Head south off SR 14 on N 600 E Until the T in the road (E Division Rd) The property is on south side of road
  • Road Frontage: County
Taxes and HOA
  • Parcel Description: Corner, Level
  • Annual Taxes: $1,731
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 37-06-06-000-008.000-029
  • Parcel Id 2: 56-11-01-100-001.000-008
School Information
  • School District: Rensselaer Central School Corp.
  • Elementary: Rensselaer Central
  • Middle School: Rensselaer Central
  • High School: Rensselaer Central
Property
Lot Information
  • Class: LOTS AND LAND
  • Property Subtype: Agricultural Land
  • Approx Lot Size Acres: 76.0
  • Lot Dimensions: Rectangle
  • Approx Lot Size Sqft: 3310560.0
Property and Assessments
  • Can Property Be Divided?: Yes
  • Curb: No
  • Documents Available: None
  • Easements: No
  • Planned Unit Development: No
  • Platted Development: No
  • Structure/Building Improvements: No
  • Type Use: Agriculture
Utilities
  • Electricity Type: None
  • Fuel Type: None
  • Sewer Type: None
  • Water Utility: None
Interior and Exterior Features
Exterior Features
  • Platted: Yes
  • Rail Siding: No
  • Road Surface: Tar and Stone
Rental
Rental Information
  • Leased Acres: No

Property History for 155 South 575 East

DateEvent & SourcePriceAppreciation
Sep 29, 2025

Sold

Indiana Regional MLS #202533560

$795,000—
Aug 21, 2025

Pending

Indiana Regional MLS #202533560

—
Aug 20, 2025

Listed (Active)

Indiana Regional MLS #202533560

$795,000—
DateEvent & SourcePrice
09/29/2025

Sold

Indiana Regional MLS #202533560

$795,000
08/21/2025

Pending

Indiana Regional MLS #202533560

—
08/20/2025

Listed (Active)

Indiana Regional MLS #202533560

$795,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 155 South 575 East

Taxable ValueLand$72,900Additions$1,100Total$74,000
Tax Record2024$1,177 ($98 / month)
Home Facts
Baths1Total Finished SqFt2,716 SqFtAbove Grade Finished SqFt2,716 SqFtStories2Lot Size1,685,336 SqFtStyleMiscellaneous AgriculturalYear Built2021CountyNEWTONAPN56-11-01-100-001.000-008

Schools near 155 South 575 East

This home is within North Newton School Corp.
Rating
School
Type
Grades
Distance
Morocco Elementary School
Public - K to 6
North Newton Jr-Sr High School
Public - 7 to 12
Lincoln Elementary School
Public - K to 6
Lake Village Elementary School
Public - K to 6
Rating
School
Distance
Morocco Elementary School
PublicK to 6

North Newton Jr-Sr High School
Public7 to 12

Lincoln Elementary School
PublicK to 6

Lake Village Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mossy Oak Properties/Indiana Land and Lifestyle

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.