7916 S Grant City Rd , Knightstown, IN 46148(Henry County)

Just 36 miles from downtown Indianapolis and under 2 miles from I-70, this 45.19 acre farm offers a strong mix of tillable ground, pasture, and recreation potential. With 22.4 tillable acres and tons of road frontage, this property is ideal for farming, homesteading, or future development. The four-bed, one-bath, 2,920 sq ft farmhouse has great bones and is ready for renovation. Fenced pasture surrounds the home, and functional outbuildings provide plenty of storage and utility. Open tenancy for 2026 and multiple build site opportunities make this a flexible investment. Whether you're looking to farm, build, or invest, this property is full of opportunity.

Fantastic location, only 36 miles from downtown Indianapolis and less than 2 miles from I-70

Potential for development with paved road frontage

Great property for hunting and recreation

22.4 tillable Acres

4 Bed 1 Bath 2920 Sq Ft home with great bones

Open farm Tenancy for 2026

Natural spring

Fenced in pasture around the home

Perfect opportunity to start your own small farm

Multiple build site locations

Tract 1 Description: 6 acres

Four-bed, one-bath farmhouse with 2,920 sq ft of functional space, solid foundation, and great potential for renovation. Situated on 6 acres with a two-sided driveway, usable older outbuildings, and approx. 2.5 acres of fenced pastureperfect for a mini farm or homestead.

Tract 2 Description: 39.19 acres

39.19 acres featuring 22 tillable acres, 11 acres of woods, and 3 acres of pasture with open farm tenancy for 2026. The land offers productive soils (NCCPI 54.54) including Miamian silt loam and Losantville clay loam, making it ideal for continued ag use. With approx. 1,700 feet of road frontage and multiple potential build sites, this property also presents a strong investment opportunity for future homesite development.

Tract #: 2

Deeded acres: 39.19

FSA Farmland Acres: 22.4

Soil Types: Miamian Silt Loam, Losantville Clay Loam, Shoals Loam

Soil PI/NCCPI/CSR2: NCCPI 54.54

CRP Acres/payment: 0

Taxes: TBD Total for the current parcel is $4,474

Lease Status: Open Tenancy for 2026 crop year

Possession: Immediate possession subject to current tenants' rights for 2025

Survey needed?: Survey to be completed immediately to separate the home and 6 acres from the parent tract. Costs will be split between the buyer of Tract 1, the buyer of Tract 2 and the seller.

Brief Legal: Split From Pt W1/2 Sw1/4 21 16 9 45.19 A

PIDs: Split From 33-16-21-300-302.000-029

Lat/Lon: 39.81788, -85.53945

Zip Code: 46148