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Auction Date: 06/06/2023 Auction Time: 11 AM EDT
Auction Location: Garrett American Legion, 515 West Fifth St, Garrett, IN 46738
Entire Farm Description:
What a rare opportunity to own this multigenerational farm being offered to the public for the first time in several generations. At 146.58+/- acres, this prime tillable ground could be a great addition to your operation or an investment piece to grow your portfolio. Located in the West part of Dekalb County, just 6 miles East of Kendallville and 7 miles NW of Auburn. This property sits in a great location. With an overall NCCPI of 65.8, this ground could be an immediate producing farm for your operation.
Tract 1 Description:
This 146.58+/- acre tract is located just one mile south of Corunna, Indiana. Just west of 327 on CR 28. 131.42+/- acres of great producing soil featuring Rensselaer Loam, ...
This 146.58+/- acre tract is located just one mile south of Corunna, Indiana. Just west of 327 on CR 28. 131.42+/- acres of great producing soil featuring Rensselaer Loam, Boyer Sandy Loam, and Blount Loam. This large farm would make a great addition to an existing farming operation or a great investment. Access to the farm is from the North on CR 28. This tract does have some CRP and woodlands on the property. Buyer will receive 2023 income and will pay 2023 taxes.
Details:
Tract #: 1Deeded acres: 146.58+/-FSA Farmland Acres: 131.42+/-DCP Cropland Acres: 130.16Soil Types: Rensselaer Loam, Boyer Sandy Loam, and Blount LoamSoil PI/NCCPI/CSR2: NCCPI 65.8CRP Acres/payment:1.91 acres paying $208.80/acre and 2.60 acres paying $202.80/acre thru 9/24Taxes: $1939.40Lease Status: Open tenancy for 2024 planting seasonPossession: Immediate possession subject to current tenants rights for 2023Survey needed?: No survey neededBrief Legal: Part E1/2 NE1/4, N1/2 E1/2 SE1/4, N1/2 W1/2 Sw1/4PIDs: 17-05-08-200-002.000-016, 17-05-08-400-002.000-016, 17-05-09-300-006.000-016Lat/Lon: 41.4188,-85.1582Zip Code:46730
Property Features:
- 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
- Multi-generational farm
- Open tenancy 2024
- Good access off of CR 28
- 4.51 acres CRP expires 9/24
- Average NCCPI 65.8
- Rensselaer Loam, Boyer Sandy Loam, and Blount Loam soils
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