Productive Tillable With Building Sites In Shelby Co, IN - 66.59 Acres


66.59 Acres / Shelby County, IN

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Auction Date: 11/14/2022 Auction Time: 1:00 PM Eastern

Auction Location: Wellness Center Meeting Room, 4055 S Roy Wilson Way, New Palestine, IN 46163

Entire Farm Description:

Approximately 66.59+/- acres are being sold in Morristown IN, within Hanover Township in Shelby County. The property is located just south of HWY 52 and east of State Road 9 near the little town of Freeport. Selling in four tracts, acreage varies from 5 acres to 29 acres. This great multi-use property provides a combination of tillable, pasture, timber, and nice home construction sites located near State Road 9 and HWY 52, making easy access to neighboring towns such as New Palestine, Shelbyville, Rushville, and Greenfield. The property’s current primary use is tillable/ag. The property is ideally suited for row crops, cattle, home construction and recreation.


Full Farm and includes additional acreage not in the sale

Deeded acres: 66.59+/- acres

FSA Farmland Acres: 75.02 acres ****

DCP Cropland Acres: 75.02 acres ****

Soil Types: Fox loam, Westland clay loam, Palms muck


Base acres: 37.30 Corn Base acres/31.50 Base Acres Soybeans

CRP Acres/payment: No CRP

Taxes: TBD after survey

Lease Status: Open Tenancy for the 2023 crop year

Possession: Immediate possession subject to current tenant's rights for 2022

Survey needed: No survey is needed

Brief Legal: S15 and S22 T14N R7E Shelby Co, IL

Lat/Lon: 39.6564, -85.7308

***Contains additional acreage not included in the auction

Tract 1 Description:

This is a fantastic tillable and buildable lot with 500+/- feet of road frontage and 16+/- acres of productive tillable ground.

Great accessible road frontage

Buildable site

Electric available at the road

16+/- acres tillable

2022 Crop- Soy Beans

Average NCCPI- 64.79

    Tract 2 Description:

    This is a fantastic tillable and buildable lot with 600+/- feet of road frontage and 18.5+/- acres of productive tillable ground.

    Great accessible road frontage

    Buildable site

    Electric available at the road

    18.5+/- acres tillable

    2022 Crop- Soy Beans

    Average NCCPI- 64.79

      Tract 3 Description:

      Fantastic mixed-use property. This property allows for farming, recreation and hunting. Currently being used as productive tillable, FSA reports indicate approximately 23 acres of ag production. Leaving the remainder of acreage in timber, creating good hunting opportunities. The majority of the property is in a floodplain.

      FSA reports 23 acres of tillable

      Approximately 1000 ft of Road frontage

      Great road access

      Floodplain- Could be put into WRP or CREP program

      Hunting Opportunities

      Potential for food plots

      2022 Crop- Soybeans

      Average NCCPI- 65.62

        Tract 4 Description:

        This buildable lot is diverse, with 2.5+/- acres of tillable, 1.5 acres of pasture and a small patch of woods, this tract offers more than you’d expect.

        500+/- ft of road frontage

        Potential Home Sites

        Electric available at the road

        2.5+/- acres tillable

        1.5+/- acres pasture

        2022 Crop- Soy Beans

        Average NCCPI- 64.79

          • Bidders may participate in the auction on-site or online at

          • Onsite bidders should bring a government-issued ID

          • 10% down payment immediately after auction - cash, personal, or business checks accepted

          • If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

          • High bidder has 30 days to close unless otherwise noted

          • Announcements on auction day will take precedence over any prior announcements

          • This is a no contingency sale and is not subject to financing or additional inspections

          • Possession at closing, subject to tenant’s rights, if any

          • If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

          • All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

          • Offered in 4 tracts

          • Great tillable properties

          • Will make great building locations

          • Average NCCPI 67.1

          • Open tenancy for 2023

          • Great road access on all tracts

          • Located SW of Morristown, IN

          • Shelby Eastern School Distract

          Auction Location:
          4055 S Roy Wilson Way, New Palestine, IN 46163
          Auction Type:
          Auction Date:

          Auction Documents

          Real Estate Auction Terms and Conditions

          Terms Of Sale

          Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

          Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read and agree to the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder. The successful bidder will be required to execute a Sales Agreement at the conclusion of the auction and submit the appropriate down payment in a timely manner as instructed by the Auctioneer.

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          Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.

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          Tracts sold by the acre - The contract will indicate the current acreage, bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that would result in a change to acreage, the contract will be adjusted to that acreage prior to closing and the purchase price will reflect that change in acreage.

          If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine the final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.

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          The information contained within is believed to be accurate, but Seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All stated measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more/less and obtained from sources to be considered reliable such as: government tax records, mapping software, assessor’s office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to the exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.

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          Disclaimer:Online Bidding

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          Live and Online

          Subject To Seller Acceptance



          Bill Minor, Ranch & Farm Auctions (RC52000047), Indiana Broker License # RB14046825

          Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332

          Nick George, Indiana Land Specialist, Whitetail Properties Real Estate, LLC, 317.840.1764

          Cody Lowderman, IN Auctioneer, AU11100014