Property
$479,00040 Acres
For Sale
For Sale
$479,00040 Acres
For Sale

27940 Indianapolis Road, Wellsville, KS 66092 - Miami County

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Property ID 24200114

Miami County 40 +/- Acre Investment or Family Compound Opportunity

Located in Miami County, between Paola and Ottawa, a conveniently located 40+/- acre property lies perfect for a family compound or an investment. The opportunity to build your dream home and have your family live on the same property in the farmhouse is here. Or rent it out for income!

A 1,600+ square foot remodeled farmhouse, built in 1900, sits on the northeast corner of the property. With fresh exterior paint and brand new carpet, this home is immediately move-in ready. The lower floor includes two living rooms, kitchen, bedroom, and a full bath. Up the staircase leads to 4 bedrooms, with one of the bedrooms being a prime location to add another bathroom over the kitchen. There is central AC along with a propane furnace. The utilities are served by Evergy and Miami County Rural Water #2. The home is surrounded by large hardwood trees for that movie-type farmhouse feel, and the two porches await a couple chairs and a cup of coffee.

The property consists of 40 +/- acres with a 2,000 square foot farm utility building with electric ready for equipment storage or boat storage, as 4,580 acre Hillsdale Lake is seemingly right around the corner. Along with a historic 1930s milk barn. The pasture is fully fenced and cross-fenced if you decide to bring your cows, horses, or want to start a farm. There are plenty of shade trees, including a pond for water, along with water hydrants. The front hay ground consists of brome, fescue, and clover.

Don’t miss out on this opportunity to invest or bring the family closer. Give Land Agent Aaron Blount a call for a showing at (913) 256-5905.

Property Features

-40 +/- acres

-1,600 sq. ft. farmhouse

-5 bed, 1 bath

-Central air conditioning

-2,000 sq. ft. farm building

-Fenced pasture with cross-fencing

-Pond

-Very little gravel

-Conveniently Located on 68 Hwy

-8 minutes to Hillsdale Lake

-13 minutes to Paola

-16 minutes to Ottawa

-30 minutes to Olathe

From elevation to risk assessment

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Directions

South on US 169 Highway, exit west on 68 hwy, south on Indianapolis Road, House on corner.

Resources

Links
Property Website
Contact Seller
Midwest Land Group

Osawatomie, KS

(913) 256-5905
Listing provided by
Aaron Blount
Midwest Land Group(913) 256-5905
Source: MLS# Miami 40
Listing last updated: November 20, 2025 at 10:20 AM
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Aaron Blount

Midwest Land Group
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Aaron Blount

Aaron Blount

Midwest Land Group