Auction Information
Online Bidding Site32 Acres in Frankfort, IN
Martha J Leonard Estate
Center Township, Clinton County, Indiana
AUCTION, Thursday, August 8, 2013 at 6:30 PM EST to be held at the Clinton County 4-H Community Building at 1701 South Jackson Street, Frankfort, Indiana, 46041
32+/- Acres in 3 Tracts
QUALITY TRANSITIONAL LAND, GOOD INCOME POTENTIAL
TRACT 1: 14.8+/- Acres, 14 Tillable
TRACT 2: 15.3+/- Acres, 14.6 Tillable
TRACT 3: 2.5+/- Acres, 2.1 Tillalble, Includes a cell tower lease with Verizon Wireless. The Buyer of Tract #3 will assume the tower lease and receive lease payments of $750 monthly.
TOPOGRAPHY: Level to Gently Rolling
ZONING: R-2 Residential, if 20 or more acres are purchase, the Buyer may build one single family residence (subject to well and septic approval) without going through subdivision approval. However, if a Buyer wishes to build on any of the individual tracts which are smaller than 20 acres, they wi...
ZONING: R-2 Residential, if 20 or more acres are purchase, the Buyer may build one single family residence (subject to well and septic approval) without going through subdivision approval. However, if a Buyer wishes to build on any of the individual tracts which are smaller than 20 acres, they will then be subjected to the subdivision ordinance and planning commission approval.
ANNUAL TAXES: $1,104.00
DITCH ASSESSMENT: $49.76
SCHOOLS: Frankfort Community School Corporation
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Property is located on the south side of Frankfort at the northwest corner of Alhambra Avenue and CR 200 S.