| Date | July 23, 2025, 3:00 pm (America/Chicago) |
|---|---|
| Tracts | 1 of 8 |
| Type | Live with online bidding |
| Tract Status | Pending |
| Auction Location | La Porte County Fairgrounds Community Building, 2581 IN-2, La Porte, IN 46350 |
Tract 1 of 8
Description
Tract 1 Description: 86.35± acres
Tract 1 is an “L”-shaped parcel consisting of approximately 85.8± FSA tillable acres, making it highly suitable for continued agricultural use. The soils— Coupee silt loam, Tracy sandy loam, Chelsea fine sand —support strong crop production and a consistent farming history. The property benefits from frontage along S 400W and is bordered on three sides by established and emerging residential developments, presenting a compelling opportunity for future residential or mixed-use development. For investors and developers seeking a property with both immediate income potential and long-term upside, Tract 1 offers exceptional promise.
Tract #: Tract 1
Deeded Acres: 86.35± acres
FSA Farmland Acres: 85.82± acres
Soil Types: Coupee silt loam, Tracy sandy loam, Chelsea fine sand
Soil PI/NCCPI/CSR2: 63.5 NCCPI
CRP Acres/payment: NO CRP
Taxes: $389.28
Lease Status: Open Tenancy for the 2026 crop year
Possession: Immediate possession subject to current tenants' rights for 2025
Survey needed?: No survey needed
Brief Legal: 86.35± acres pt W ¼ S9 T36N R3W La Porte Co, IN
PIDs: 46-10-09-300-003.000-060, 46-10-09-300-006.000-060, 46-10-09-300-004.000-060
Lat/Lon: 41.58067, -86.77018
Zip Code: 46350
Terms of Sale
BUYERS PREMIUM: No Buyers Premium
TAXES: Prorated to date of close
TENANCY: Rented for 2025/Open tenancy for 2026, Home on Tract 7 rented thru 12/31/25
RENTS: Seller will retain all tillable rents for 2025, buyer to receive home rent for 2026 after closing
MINERALS: Seller owned rights will convey
CLOSING COSTS: Seller to provide title search and insurance/balance of closing costs split
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: At closing
SURVEY: Survey only required on Tract 7 and 8, Seller will provide
SELLERS: Gillam Family Farm LLC and Harder Patek Farm LLC
SALE ORDER: By the acre on vacant land/By the whole dollar on Tract 7
SALE METHOD: Sells Subject to seller acceptance
Licensing
IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (RC51300040)
Dan Bates Jr, Ranch & Farm Auctions (RC52000047), Indiana Broker License # RB14027345
Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332
Rob Styka, Indiana Land Specialist, Whitetail Properties Real Estate, LLC, 219.267.1966
Cody Lowderman, IN Auctioneer, AU11100014
