Sold

Productive Tillable Farm with Country Home in Owen County IN

Acreage

93.21 ±

County

Owen

SOLD

Address 2124 Walden Road Spencer, IN 47460

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Description

AUCTION LOCATION: ON THE FARM

***OPEN HOUSE 5/28/22 11:00AM TO 2:00 PM AT THE FARM.

Highly productive tillable farm with 75.75+/- tillable acres. This farm has a nice 3 bedroom/2 bath brick country home and multiple barns for storing equipment and grain bins. If you’re looking for a solid land investment, expand your current operations, rental or cash rent income, a 1031 exchange possibility, or simply diversity your wealth portfolio, this would be an excellent option. This farm has highly productive soils with the majority in a variety of silt loams with an average NCPPI rating of 72. The property is in a great location within the county and only 10 minutes to downtown Spencer, 20 minutes to Bloomington and 1 hour to Indianapolis.

Details:

Deeded Acres: 93.21 acres

FSA Farmland Acres: ***463.09 acres

DCP Cropland Acres: ***383.41

Soil Types: Dubois silt loam (0-2% slopes), Haubstadt silt loam (2-6% slope), Peoga silt loam (0-1% slope), Stinesville silt loam (2-6% slope)

Soil NCCPI: 72 NCCPI

Base acres and Yield: ***Wheat base acres 55.72/PLC yield 51, Corn Base 226.93/PLC yield 149, Soybean base 56.32/PLC yield 45

CRP Acres/payment: No CRP

Taxes:

Lease Status: Tenant in place for 2022: open tenancy 2023

Possession: Immediate possession subject to current tenant’s rights for 2022

Survey needed?: No survey needed

Brief Legal: S35 and S36 T10N R3W in Owen Co, IN

PIDs: 60-10-35-400-210.001-027, 60-10-36-300-100.002-027

Lat/Lon: 39.2561, -86.7035

***FSA figures, Base acres, PLC yield figures are from a larger farm and will need to be recalculated

Walden Farm Equipment sale — John Deere 7220 with 1600 hours

Click on the picture to view personal property items for sale immediately after the real estate auction. Personal property will be sold on site only. No online bidding for personal property or equipment.

Details

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
Onsite bidders should bring a government-issued ID
10% down payment immediately after auction - cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments