9261 State Road 3

Milroy, IN 46156

$1,700,000
Price
7,907,882 / 181.54
Lot Size / Acres

Description

At the end of the day, there is no other type of investment safer than investment in recreational, agricultural, or timbered real estate. And lo and behold...this unique property offers it all! Located within 90 minutes of both the Indianapolis and greater Cincinnati markets, and possessing approximately a half mile of direct frontage on Little Flatrock River, this highly diversified property possesses a beautiful blend of income-producing tillable farm ground, a growing, thriving stand of precious...At the end of the day, there is no other type of investment safer than investment in recreational, agricultural, or timbered real estate. And lo and behold...this unique property offers it all! Located within 90 minutes of both the Indianapolis and greater Cincinnati markets, and possessing approximately a half mile of direct frontage on Little Flatrock River, this highly diversified property possesses a beautiful blend of income-producing tillable farm ground, a growing, thriving stand of precious hardwoods, and land that serves as a superior habitat to support whitetail deer and flocks of gobblers! The 80+ acres of tillable ground have produced a steady source of farm income for many years, while at the same time providing a valuable source of nutrition that supports significant deer activity. And speaking of the deer herd, this property has produced (3) trophy bucks over the past 10 years that have scored in excess of 160 on the Boone & Crockett scale, with the largest scoring over 200! The property also contains pockets of healthy, growing hardwood that, when managed properly, could provide a source of significant timber revenue every 8-10 years via selective timber harvests. Major portions of this property should easily conform to a number of federal and state land management conservation programs, most notably the Conservation Reserve Program (CRP). In addition to enabling long-term protection of the natural habitat, such a program can also have a very beneficial effect on real estate tax assessments. This beautiful, expansive tract located in southern Rush County possesses a rare diversity of highly sought after property characteristics such as 80+ acres of tillable real estate, over 50 acres of hardwood canopy, and a supreme hunting venue. An existing network of ATV trails provides easy access to all portions of the property. Opportunities such as this don't come around often. Call today to schedule your private tour of this amazing property!
  1. Listed by Mark Boswell • Mossy Oak Properties
  2. Listed by Torry Miller

Property Details for 9261 State Road 3

Subdivision Name
No Subdivision
Township
Anderson
Waterfront Features
River Access
Waterfront
Yes
Zoning
Agricultural
LISTING UPDATED: 11/10/2025 06:02 PM

Property Details for 9261 State Road 3

StatusActive
MLS #22072731
Days on Market53
Taxes$1,580 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Farm
Year Built-
Lot Size181.54 AC
CountyRush County

Location

Listing Courtesy of Mossy Oak Properties

Building Information for 9261 State Road 3

Lot Size181.54 AC

Payment Calculator

$8,664 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,400

Property Taxes

$263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9261 State Road 3

Summary
Location and General Information
  • City: Milroy
  • County Or Parish: Rush
  • Directions: GPS Friendly
  • Postal Code: 46156
  • Road Access: Access Rd
  • Road Frontage Type: Easement
  • State Or Province: IN
  • Topography: Bottom Land,Cleared,Level,Pasture,Sloping,Wooded
  • View: Forest, Pasture, River, Rural, Trees/Woods
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 701423400001000001
  • Semi Annual Property Tax Amt: 1580
  • Tax Year: 2024
  • TaxLot: 701423400001000001
School Information
  • High School: Rushville Consolidated High School
  • Middle Or Junior School: Benjamin Rush Middle School
  • School District: Rush County Schools
Property
Lot Information
  • Acreage: >20 Acres
  • Land Characteristics: Mature Trees,River Front,Rural,Rural Not in Subdivision,Wooded
  • Lot Description: Rural - Not Subdivision, Mature Trees, Wooded
  • Lot Size Square Feet: 7907839.0
  • Lot Size Acres: 181.54
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: Loam,Sandy
  • Wooded Acres: 44
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: NoStatus
  • Divisible: No
  • DPRYN: No
  • Legal Subdivision: 001-25536-00 ESW 23-12-9 80A, PT SE 23-12-9 39.626 A, PT SNE 23-12-9 61.913 A
  • Photos Count: 50
  • Present Zoning: Agricultur
  • Property Sub Type: Farm
  • Property Type: Land
  • Road Surface Type: Gravel
  • Type: Agric Land,Multiple,Row Crop,Timber Farm,Undeveloped
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric,Gas,Telephone
  • Facilities On: None
  • Sewer: Not Applicable
  • Solid Waste: No
  • Water: Not Applic
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None
  • Fencing: Partial

Property History for 9261 State Road 3

DateEvent & SourcePriceAppreciation
Nov 10, 2025

Listed (Active)

MIBORMLS #22072731

$1,700,000—
DateEvent & SourcePrice
11/10/2025

Listed (Active)

MIBORMLS #22072731

$1,700,000

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

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More information about 9261 State Road 3, Milroy, IN 46156

9261 State Road 3 is a 181.54 ac of land for sale in Milroy, IN 46156. This property was listed for sale on November 10, 2025 by Mossy Oak Properties, it's currently listed at $1,700,000. 9261 State Road 3 is a 0-bed, 0-bath, 181.54 ac of land on a 7,907,882 sq. ft. / 181.54 acres lot.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Mossy Oak Properties

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/01/2026 08:18 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.