Tract 2 of 2
| Date | May 6, 2025, 1:00 pm (America/Chicago) |
|---|---|
| Tracts | 1 of 2 |
| Type | Online |
| Tract Status | Active |
| Auction Location | Online Only, , , IN 46534 |
Tract 2 of 2
Description
Tract 2 Description: 18± acres
This multi-use property may provide all the features and benefits you are looking for in a smaller acreage rural land purchase. Split off a larger 150-acre parcel, this 18± acre tract has many potential uses for its new owner. Almost completely tree line and situated on the corner of two county roads, it has approximately 1600 feet of total frontage so it offers ample access and some privacy and seclusion. The center of the wooded perimeter is just about 11 acres of income-producing farm ground, currently cash rented. The soil types consist of Watseka loamy sand, Maumee sand, Morocco loamy sand, and Houghton muck. The soil holds moisture well and consistently produces above-average yields for the area. The balance of the land is mainly tree-lined on the two sides, The size of this property, its location and different land features allow for many possible future uses. The demand for mixed-use land in this area combined with the positive economic impact of development, land investments, and energy considerations have created a favorable opportunity to buy land like this. Located in an area of predominantly farmland, existing and some newer country homes as well as varied commercial and solar developments, this property offers many opportunities for the new owner. The nearby Bass Lake has also transitioned to a trendy, sought-after destination for fishing, water sports, recreation, and even buyers of some really nice lakefront homes, which increases the potential uses for land in this area. Opportunities may include building sites for a home, pole barn or other construction, solar, farming or recreational use. It may also be a nice addition to your portfolio to generate some income or as an appreciating real estate investment. There is also an adjacent 32± acres parcel offered for purchase and additional land may be available in the near future.
Tract #: Tract 2
Deeded Acres: 18± acres TBD by survey
FSA Farmland Acres: 10.58± acres
Soil Types: Maumee sand, Houghton muck
Soil PI/NCCPI/CSR2: NCCPI 62.4
CRP Acres/payment: No CRP
Taxes: TBD after spit
Lease Status: Leased for 2025 crop year
Possession: Immediate possession subject to current tenant's rights for 2025
Survey needed?: Survey required
Brief Legal: Pt E ½ SW ¼ S26 T32N R2W Starke Co IN
PIDs: Pt of 75-10-26-300-010.000-002
Lat/Lon: 41.1918, -86.61636
Zip Code: 46534
Terms of Sale
BUYERS PREMIUM: No Buyers Premium
TAXES: 2025 taxes prorated
TENANCY: Rented for 2025/buyer to receive 2025 rent on those acres
RENTS: Buyer to receive 2025 rent
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Seller to provide title search and insurance/other costs split
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: At closing
SURVEY: Seller to provide survey
SELLER: Bortell
SALE ORDER: By the acre
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
