Auction Information
187 Acres in Cowan, IN
LAND AUCTION, 187+/- Acres offered in 6 Tracts
Thu, Sep 25, 6:00 PM
Cowan, Indiana, Delaware County, East Central Indiana
Owner: Rachel Cross, Janet Everett & Jane Crist
LAND AUCTION
187+/- Acres offered in 6 Tracts
180 Acres Productive Farmland
Excellent Soils - Treaty & Crosby
Attractive Farm House w/outbuildings on 5 Acres
County drainage tile in place
Monroe Township - Cowan Schools
Online Bidding Available
OPEN HOUSE/INSPECTION DATES
Saturday, September 6 from 9-11AM
Thursday, September 11 from 4-6PM
Saturday, September 13 from 9-11PM
PROPERTY LOCATION
911 West CR 600S, Cowan, IN
Tracts 1-5: From the intersection of SR 3 and SR 67 (Muncie Bypass) on the south side of Muncie, travel west on SR 67 for 2 miles to CR 100W (Cowan Rd.), then turn left (south) and travel 2-1/2 miles to CR 600S, then turn left (east) for 1/2 mile to the farm.
Tract 6: From Tracts 1-5 travel we...
Tract 6: From Tracts 1-5 travel west on CR 600S for 1 mile to farm along north side of CR 600S.
AUCTION LOCATION
Delaware County Fairgrounds - Heartland Hall, 1210 N. Wheeling Avenue, Muncie, IN.
(Between downtown Muncie and McGalliard Rd. along Wheeling Ave.)
TRACT DESCRIPTIONS
Tract 1: 52 ac All tillable with approximately 775 ft. frontage on CR 600S and about 1340 ft. on CR 50W. Excellent soils include Treaty (49%) and Crosby (46%). County drainage tile in place.
Tract 2: 5 ac 911 W CR 600S, Cowan. Attractive 2384 SF 1-1/2 story farm house with garage and outbuildings. Home has 2 BR/2BA downstairs and could have 2 BR upstairs with modest improvement. Also has modern kitchen w/all appliances, beautiful solid wood cherry cabinets, generous living room/dining area and large walk-out basement. About 3.5 acres tillable with approximately 315 ft. of frontage on CR 600S.
Tract 3: 20 ac All tillable productive tract with about 660 ft. of frontage on CR 50W. Dominant soils are Treaty and Crosby. Perfect to combine with Tracts 1 and/or 5.
Tract 4: 40 ac All tillable productive tract with about 660 ft. of frontage on CR 700S. Dominant soils are Treaty and Crosby. County drainage tile in place along western boundary. Excellent investment tract.
Tract 5: 20 ac This Swing Tract is a nearly all tillable productive tract with predominantly Treaty and Crosby soils. County drainage tile extends across this parcel. This tract may be bid on by an adjoining landowner or in combination with Tract 3.
Tract 6: 50 ac All tillable tract with about 48.3 acres tillable per the FSA. A highly productive parcel with Treaty and Crosby soils. Approximately 720 ft. of frontage along CR 600S.
FSA Info: Corn base-118.3 acres, Wheat base-8.8 acres, Soy base-53.4 acres
Taxes: 13/14 taxes were $8278.64/Yr. plus Ditch assessments of $186.75.
ONLINE BIDDING AVAILABLE: You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Kevin Jordan at Schrader Auction Co. - 800-451-2709.
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