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18576420
18576431

60 +/- Acres North Liberty, South Bend, IN 46554

Geswein Farm & Land Realty
Listed by Geswein Farm & Land Realty
$2,950,000
746 days on market
Updated 22 days ago

60 +/- Acres North Liberty

Details
APN 71-12-30-100-009.000-034; 71-12-30-100-010.000-034
Property Type Land
Sub Type Commercial
Acreage 60.030

Aggregate Sand and Gravel Pit: Northwest Indiana

Marketing description

This +/- 60-acre property is Located 15 miles SE of Laporte and 15 miles SW of South Bend Indiana. The property has road frontage off Osborne Rd, just 2 miles West of North Liberty, with gated access on the northern end, and a road running along West side of property also provides access to the back portion of the property. Mineable aggregate material estimates consist of 9.5 million Tons of Sand and 2.5 Million tons of Stone. The finer aggregates were labeled as Spec 23 sand by INDOT that was validated by INDOT lab tests, as well as on-site lab samples while mining was previously taking place. Utility infrastructure is present on property, as well as a concrete pad for installation of a truck scale. No mining equipment is currently on site, leaving a blank slate for the mining operation. Material must be transported by State Road 4 through a previously established contracted easement on Southwest corner of property through adjacent landowner. A new contract will need to be established before buyer has access to easement. Osborne Road has weight limits, prohibiting fully loaded trailers from traveling on this stretch of road. Adjacent easement runs from Southwest Corner of the property due south merging onto State Road 4, providing easy access to SR 23 if you travel 2 miles East, or drive 9 more miles east to access SR 31.

Investment highlights

  • Two active mining sites for spec 23 sand (indot certified)
  • Existing utilities
  • 9.5 million tons of sand
  • 2.5 million tons of gravel
  • Contractual easement access for material extraction onto sr 4 to the south of property

Listing Contacts

Geswein Farm & Land Realty
Listed by Geswein Farm & Land Realty

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