Auction Information
Online Bidding Site93.21 Acres in Spencer, IN
Highly productive tillable farm with 75.75+/- tillable acres. This farm has a nice 3 bedroom/2 bath brick country home and multiple barns for storing equipment and grain bins. If youre looking for a solid land investment, expand your current operations, rental or cash rent income, a 1031 exchange possibility, or simply diversity your wealth portfolio, this would be an excellent option. This farm has highly productive soils with the majority in a variety of silt loams with an average NCPPI rating of 72. The property is in a great location within the county and only 10 minutes to downtown Spencer, 20 minutes to Bloomington and 1 hour to Indianapolis.
***OPEN HOUSE 5/28/22 11:00AM TO 2:00 PM AT THE FARM.
Details:
Deeded acres: 93.21 acres
FSA Farmland Acres: ***463.09 acres
DCP Cropland Acres: ***383.41
Soil Types: Dubois silt loam (0-2% slopes), Haubstadt silt loam (2-6% slope), P...
Soil Types: Dubois silt loam (0-2% slopes), Haubstadt silt loam (2-6% slope), Peoga silt loam (0-1% slope), Stinesville silt loam (2-6% slope)
Soil NCCPI: 72 NCCPI
Base acres and Yield: ***Wheat base acres 55.72/PLC yield 51, Corn Base 226.93/PLC yield 149, Soybean base 56.32/PLC yield 45
CRP Acres/payment: No CRP
Taxes:
Lease Status: Tenant in place for 2022: open tenancy 2023
Possession: Immediate possession subject to current tenants rights for 2022
Survey needed?: No survey needed
Brief Legal: S35 and S36 T10N R3W in Owen Co, IN
PIDs: 60-10-35-400-210.001-027, 60-10-36-300-100.002-027
Lat/Lon: 39.2561, -86.7035
***FSA figures, Base acres, PLC yield figures are from a larger farm and will need to be recalculated