Auction Information
Online Bidding Site#2748 Bear Creek Farms Auction
LandProz is proud to present the Bear Creek Farms in Bartholomew County and Jennings County, IN. This irrigated, tillable farmland will be offered to the public to bid their price via LandProz AuctionCast at our website. Online bidding will open April 2, 2025.
This remarkable farm spans 450 +/- deeded acres, including 402.25 +/- acres of highly productive tillable land, nearly all of which is irrigated by a private 6.5 acre lake. Situated near the junction of Jennings, Bartholomew, and Decatur counties, this property offers exceptional agricultural potential and convenient access to both Highway 3 and Highway 7, making it an ideal choice for farming and investment. With 89% of the land tillable, the property combines fertile soil with cutting-edge infrastructure, offering remarkable versatility for a range of agricultural uses.
The farm is equipped with an advanced grid-tile drainage s...
The farm is equipped with an advanced grid-tile drainage system, ensuring effective water management and maximizing productivity. A state-of-the-art drip tape irrigation system, designed to enhance the yields of corn, soybeans, and specialty crops, is installed on 60" centers and buried 14" deep. This system, which allows for efficient water and liquid fertilizer delivery, covers each acre across a 23-zone system. Managed from an irrigation control structure [located in a red shipping container on the south side of E CR 500 S], the system uses water from both the private lake and Bear Creek. The land boasts an impressive Weighted Average Production Index [WAPI] of 145.6.
For those interested in maximizing the irrigation potential, purchasing the property in its entiretyor acquiring Tracts 3 and 6 togetherwill activate the full irrigation system. Any other tracts will require an agreement with the buyers of Tracts 3 and 6 to access the irrigation system. This property represents an extraordinary opportunity for investors or farmers looking to expand their operations. Whether purchased as a whole or in individual tracts, the farm offers outstanding agricultural productivity, an efficient irrigation system, and a strategic location, making it an investment with immense growth potential.
Please contact LandProz Auction Managers Eric Richards at 317-557-1376 or Jared Baird at 812-620-7745 or LandProz Auctioneer Brian Owens at 812-528-7021 for more information regarding this auction.
Irrigation System Sale Terms:
Tract 3 includes the lake used for irrigation purposes.
Tract 6 contains the controls necessary to operate the irrigation system.
If you purchase both Tract 3 and Tract 6, you will have full access to the irrigation system. Buyers of both tracts will need to cap off any irrigation lines leading to the other tracts, as the system zones may not align with property boundaries.
For buyers of Tracts 1, 2, 4, or 5:
These tracts do not have direct access to the irrigation system. However, buyers of these tracts may:
1. Choose not to use the irrigation system.
2. Negotiate an agreement with the buyers of Tracts 3 and 6 to gain access to the system.
A draft irrigation access contract will be available prior to auction day for those interested in negotiating access.
TRACT 1
17.54 +/- Deeded Acres
17.25 +/- Tillable Acres
WAPI of 145.6
Drip Tape Irrigation system
Potential building site
Easement access
Real Estate taxes $551
TRACT 2
27.41 +/- Deeded Acres
27 +/- Tillable Acres
WAPI of 145.6
Drip Tape Irrigation system
600' +/- road frontage
Real Estate taxes $831
TRACT 3
122.17 +/- Deeded Acres
84.5 +/- Tillable Acres
1.32 +/- CRP Acres
WAPI of 145.6
37 +/- Acres of Drip Tape Irrigation system
1,300' +/- road frontage
6.5 +/- Acre private lake
Real Estate taxes $2,514
TRACT 4
90 +/- Deeded Acres [survey provided if sold separately]
87 +/- Tillable Acres
WAPI of 145.6
3.65 +/- of Income producing CRP Acres
Drip Tape Irrigation system
3,325' +/- road frontage
Estimated Real Estate taxes $2,867
TRACT 5
79.5 +/- Deeded Acres [survey provided if sold separately]
75.5 +/- Tillable Acres
WAPI of 145.6
Drip Tape Irrigation system
1,600' +/- road frontage
Established wheat crop
Estimated Real Estate taxes $2,464
TRACT 6
114 +/- Deeded Acres [survey provided if sold separately]
111 +/- Tillable Acres
WAPI of 145.6
Drip Tape Irrigation system
1,500' +/- road frontage
Established wheat crop
Maintenance Agreement for irrigation pumps at the creek
Estimated Real Estate taxes $3,534
OWNER
Bear Creek Farms
AUCTION LOCATION
On our website
or
In-Person at:
The Bartholomew County Fairgrounds
750 W 200 S, Columbus, IN
TERMS
10% down [non-refundable] of earnest money down, on each tract, the day of the auction. Remainder due at closing. Closing will be on or before May 23, 2025. Bidding will be total dollars, unless otherwise indicated by the auctioneer. Deeded acres may change because of survey or other factors, in which case the total sales price will be adjusted to reflect that. There will be a 2% Buyer's Premium added to the final purchase price. Closing by Near North Title Group, Shelbyville, IN. The seller will provide a survey if Tracts 4, 5, and 6 are sold individually. At the conclusion of the auction, the buyer will enter into a lease agreement with the seller, from the date of the auction to the day of closing, for a cost of $0, allowing the buyer to have farming rights prior to closing. If the buyer is unable to close, then the seller reserves the right of ownership to any planted crops or applied fertility. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.
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