Land Auction, 275 +/- Acres Offered
Wheatfield, IN 46392
Jasper County, Indiana
Ranch Description
• All Contiguous • Productive Farmland • Investigate for Home Site Potential • Woods for Excellent Hunting and Recreational Opportunities • Extensive Tile on Tract 1 • Tracts Ranging from 11+/- to 104+/- Acres
Auction Time: 6PM Eastern (5Pm Central)
Immediate Pre-Closing Possession Available on Cropland with Additional 10% Down Payment. Buyer to reimburse former tenant at closing for fall tillage and fertilizer applied. Total tillage expense is $3,295 and total fertilizer expense is $34,708. Contact auction company for allocations to each tract. Property is subject to a wind energy lease, to be assigned to the respective buyer(s).
Open House/Inspection Dates
Tues. March 1st from 3 - 5pm (Eastern)
Thurs. March 10th from 3 - 5pm (Eastern)
Meet a Schrader Representative at Tract 5 on 500 E
Property Location
From Medaryville at US 421, go north on US 421 for 1 mile to CR 300 N. Go west on CR 300 N 2 miles to the county line and the road turns into 600 N. Continue west on 600 N for 1 mile to CR 500 E. Go north on CR 500 E approximately 3/4 mile to Tract 1 on the west side of the road. Continue north to Tracts 2 - 6.
Auction Location
Meadow Springs, 8631 S US 421, Francesville, IN 47946
Approximately 3 1/2 miles south of Francesville on US 421, at the southwest corner of US 421 and SR 114.
Tract Descriptions
Tract 1: 104± ac Nearly all tillable productive farmland. Much of the southern portion of this tract has been systematically tiled over the past 3 years and a main extended north for future tiling if desired. Contact auction managers for a tile map. Frontage on CR 500 E.
Tract 2: 11± ac Mostly tillable with a small area of non-farmed acreage in the northwest portion. Investigate this tract for a home site or mini farm. This Tract has frontage on CR 500 E.
Tract 3: 39.5± ac A tract with a great mix of woods and tillable. Investigate for a possible home site in the woods or for your private hunting and recreational retreat. Consider bidding in combination with Tracts 2, 4 and 6 for more woods and tillable acreage. This Tract has frontage on CR 500 E.
Tract 4: 31± ac Another tract with a nice mix of tillable land and woods to consider for a possible building site or hunting and recreational opportunities. Do not overlook the income potential from the tillable land. This tract also has frontage on CR 500 E and it appears a culvert/crossing will need installed at the road, by buyer, if purchased separately.
Tract 5: 50± ac This tract is mostly tillable with productive cropland and has frontage on CR 500 E.
Tract 6: 39.5± ac (Swing Tract): Productive farmland being mostly all tillable. This tract must be bid on in a combination including Tracts 1, 3, 4 and/or 5, or by an adjoining landowner.
Directions to Ranch
From Medaryville at US 421, go north on US 421 for 1 mile to CR 300 N. Go west on CR 300 N 2 miles to the county line and the road turns into 600 N. Continue west on 600 N for 1 mile to CR 500 E. Go north on CR 500 E approximately 3/4 mile to Tract 1 on the west side of the road. Continue north to Tracts 2 - 6.
