Auction Information
30+/- Acres Tillable Farmland Auction
TRACT 7 of a Seven (7) Tract Farmland Auction
Premier 602 acre Indiana farmland offering with 595.57 FSA cropland acres, Whole Farm WAPI 172.6, extensive pattern tile, and a strategic position along the US 52 growth corridor near SR 28, I-65, and the LEAP District.
This is the kind of land buyers watch forand rarely get a chance to buy. Located across Tippecanoe, Clinton, and Montgomery Counties, this offering combines Class A productivity, scale, and long-term positioning in one of the most sought-after farmland corridors in the state.
The property will sell at live auction on Tuesday, March 31, 2026 at Ulen Country Club (100 Country Club Drive, Lebanon, IN 46052) with bidding beginning at 10:00 AM (EST). The auction will be conducted in a Buyers Choice format and simulcast with online and phone bidding for registered bidders who cannot attend in person. (Online and phone bidders mus...
The property will sell at live auction on Tuesday, March 31, 2026 at Ulen Country Club (100 Country Club Drive, Lebanon, IN 46052) with bidding beginning at 10:00 AM (EST). The auction will be conducted in a Buyers Choice format and simulcast with online and phone bidding for registered bidders who cannot attend in person. (Online and phone bidders must register in advancesee bidder packet for details.)
Offered in seven (7) tracts, buyers may bid on individual tracts, combinations, or the full 602 acres. The farms drainage investment is a major value driver, featuring extensive pattern tile and strong main outlets, supporting consistent performance and long-term productivity. Tract 4, which includes the shop and grain storage, will be bid in total dollars (not per acre) and will be offered last.
Whether youre a high-caliber operator looking to expand, or an investor seeking strong long-term positioning near major infrastructure and growth, this offering delivers both ag strength and strategic optionality.
Highlights
602 Total Acres | 7 Tracts (bid tracts, combos, or whole farm)
595.57 FSA Cropland Acres
Whole Farm Surety WAPI: 172.6
Extensive Pattern Tile with major mains/outlets
Strategic Location: US 52 corridor near SR 28, I-65 & the LEAP District
Tract 4 Improvements: shop + grain storage; total dollar bidding; offered last
Auction Format: Buyers Choice | Live + Online + Phone bidding (advance registration required)
Auction Date/Time: March 31, 2026 | 10:00 AM EST
Auction Location: Ulen Country Club, Lebanon, Indiana
Auctioneers: Johnny Klemme AU#12000053 | Brock Garrelts AU#11200084
Sellers: W and M Waddell Family Farm, LLC; A and S Waddell Family Farms, LLC; Mary Lou Grover; Martha Delores Miller
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
From Lebanon: Take US 52 toward Lafayette, Indiana. Take W Co Rd 450 S to S County Line Rd/County Rd 1200 N
Environmental Factors
Resources
Lafayette, IN
About Johnny Klemme
Award-Winning Advisor, Auctioneer, & Broker for Farmland Assets & Trusts. Author of "American Family Farmland" - I help my clients with wealth building strategies that maximize economic & environmental outcomes.- Specialized consulting for those who have inherited farmland & strategies that add value -- 20+ Years of Professional Experience - High Value Land Assets - Strategic Marketing/Positioning/Sales- Backed by a Full Team of Professionals- Hundreds of Millions in Farm & Land Sales