# State Road 46, Center Point, IN 47840 > **TL;DR:** land, $637,000. Est. $3,407/mo. Listed 108 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $637,000 | | Lot Size | 2,547,389 sqft (58.48 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 108 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,221 | | Estimated Insurance | $186 | | **Total** | **$3,407** | ## Nearby Schools - **Elementary:** Clay City - **Middle:** Clay City - **High:** Clay City ## Property Highlights - 58.48 acre lot ## Description ### Agent Description Discover the perfect blend of investment potential, recreational opportunity, and long-term value with this exceptional 59+/- acre property located in Center Point, Clay County, Indiana. Featuring approximately 36 acres of productive tillable farmland and 23 acres of wooded acreage, this versatile property offers multiple income streams while providing excellent wildlife habitat and outstanding recreational opportunities. The timber was harvested within the past 10 years and is regenerating into quality wildlife cover, creating ideal bedding areas for deer and excellent habitat for turkey and other game. The property includes established oil wells along with income-producing tillable acreage, generating an average of approximately $20,000 annually. With diverse revenue sources already in place, this farm offers immediate cash flow while providing excellent long-term investment potential. Whether you're looking to expand your farming operation, invest in income-producing real estate, establish a hunting property, or simply own a beautiful piece of Indiana land, this property offers a unique combination of productivity and recreation. Property Highlights 59+/- total acres Approximately 36 acres of productive tillable farmland Approximately 23 acres of regenerating wooded acreage Established oil wells providing additional income Average annual income of approximately $20,000 Excellent deer, turkey, and other wildlife habitat Strong combination of income, recreation, and investment potential Convenient location in Center Point, Clay County, Indiana Properties that offer productive farmland, multiple income sources, and outstanding recreational appeal are increasingly difficult to find. Whether you're looking for a strong investment, a hunting retreat, or a place to enjoy the outdoors, this Clay County property is one you won't want to miss. ## Location - **Address:** State Road 46, Center Point, IN 47840 - **County:** Clay - **Coordinates:** 39.4112847, -87.05273752 - **Google Maps:** https://www.google.com/maps?q=39.4112847,-87.05273752 ## Listing Agent - **Name:** CALEB EMRICK - **Brokerage:** HERITAGE LAND AND HOME REALTY - **Broker Phone:** 8126053163 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/State-Rd-46_Center-Point_IN_47840_M91558-87107?f=listhub&s=THAARIN&m=109925&c=propsimple) ## Photos ![State Road 46 - Photo 1](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f3378289955r.jpg) ![State Road 46 - Photo 2](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f2029539550r.jpg) ![State Road 46 - Photo 3](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f1979953575r.jpg) ![State Road 46 - Photo 4](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f1444855386r.jpg) ![State Road 46 - Photo 5](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f1119051138r.jpg) ![State Road 46 - Photo 6](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f1794144232r.jpg) ![State Road 46 - Photo 7](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f2412653035r.jpg) ![State Road 46 - Photo 8](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f4037010872r.jpg) ![State Road 46 - Photo 9](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f1700023885r.jpg) ![State Road 46 - Photo 10](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f2589846865r.jpg) ![State Road 46 - Photo 11](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f1741068644r.jpg) ![State Road 46 - Photo 12](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f1095680081r.jpg) ![State Road 46 - Photo 13](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f237465002r.jpg) ![State Road 46 - Photo 14](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f1872973348r.jpg) ![State Road 46 - Photo 15](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f3712444322r.jpg) ![State Road 46 - Photo 16](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f3652950088r.jpg) ![State Road 46 - Photo 17](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f2454002343r.jpg) ![State Road 46 - Photo 18](http://lh.rdcpix.com/efb5929e8fa4714c4b1f0cda5a572dfdl-f3477580498r.jpg) --- **MLS#:** 109925 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/state-road-46-center-point-in-47840-a6426230069b4773b3725c1294d2cbf4) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/state-road-46-center-point-in-47840-a6426230069b4773b3725c1294d2cbf4#listing", "url": "https://staging.propertysimple.ai/listing/state-road-46-center-point-in-47840-a6426230069b4773b3725c1294d2cbf4", "name": "State Road 46, Center Point, IN 47840", "description": "Discover the perfect blend of investment potential, recreational opportunity, and long-term value with this exceptional 59+/- acre property located in Center Point, Clay County, Indiana. Featuring approximately 36 acres of productive tillable farmland and 23 acres of wooded acreage, this versatile property offers multiple income streams while providing excellent wildlife habitat and outstanding recreational opportunities. The timber was harvested within the past 10 years and is regenerating into quality wildlife cover, creating ideal bedding areas for deer and excellent habitat for turkey and other game. The property includes established oil wells along with income-producing tillable acreage, generating an average of approximately $20,000 annually. With diverse revenue sources already in place, this farm offers immediate cash flow while providing excellent long-term investment potential. Whether you're looking to expand your farming operation, invest in income-producing real estate, establish a hunting property, or simply own a beautiful piece of Indiana land, this property offers a unique combination of productivity and recreation. Property Highlights 59+/- total acres Approximately 36 acres of productive tillable farmland Approximately 23 acres of regenerating wooded acreage Established oil wells providing additional income Average annual income of approximately $20,000 Excellent deer, turkey, and other wildlife habitat Strong combination of income, recreation, and investment potential Convenient location in Center Point, Clay County, Indiana Properties that offer productive farmland, multiple income sources, and outstanding recreational appeal are increasingly difficult to find. 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