$299,000

Nestled in the scenic Ohio County near Dillsboro, Indiana, this 29-acre Black Walnut Plantation presents a rare and lucrative investment opportunity. Established 25 years ago, this plantation boasts a thriving stand of genetically superior Purdue #1 Black Walnut trees, developed by esteemed Purdue University professor, Walt Beineke. These trees, known for their rapid growth and straighter trunks, were cultivated directly from walnut seeds rather than bare root transplants, ensuring their robustness and vitality. The plantation thrives in sandy loam soil within a floodplain, conditions ideal for Black Walnut cultivation. Meticulously maintained, each tree has been limbed up to 20 feet, promoting exceptional timber quality. The plantation's significance is underscored by its selection as the site for the annual Walnut Council meetings in 2006 and 2012. Designed with precision, the trees are planted in north/south and east/west rows to maximize sunlight.