REAL ESTATE AUCTION - 379+/- ACRES OFFERED IN 6 TRACTS IN JASPER COUNTY
Mon, Nov 9, 5:00 PM
Jasper County, Indiana
Owner: Joloma Farms, Inc.
• 379+/- Acres offered in 6 Tracts • Productive Farmland • Mostly Tillable Land • Farmstead with 2 Story Home, Machine Shed & Grain Storage • Potential Home Site with Existing Grain Bins & Outbuildings • Iroquois River Frontage • Hunting & Recreational Opportunities
OPEN HOUSE/INSPECTION DATES
Tuesday, October 13 3-5 PM Central
Tuesday, October 27 3-5 PM Central
Meet a Schrader representative at Tract 6.
Tract 1: 40± ac All tillable except for roads. Approximately 1/4 mile of road frontage on both County Roads 980 W and 1080 S. Nice square 40+/- acre parcel with productive soils and a lot of road frontage.
Tract 2: 79± ac All tillable except for the road. Soil types consist of Rensselaer loam, Montgomery silty clay loam, Watseka loamy fine sand, Simonin loamy sand and Sparta sand. Road frontage on County Road 980 W.
Tract 3: 55± ac FSA considers 49.22 acres as cropland, of which 2.4 acres are in the Conservation Reserve Program (CRP). The CRP contract terminates on September 30, 2020. The annual payment is $612 or $255.15 per acre. This parcel is improved with a 24 ft. diameter dryer bin with 2 auger stirator, burner and fan. Seller reports 8,500 bushel storage capacity to the bottom of stirator. The LP tank is not being sold with the property. There is also a 22 ft. bin with 6,500 bushels of storage capacity to the peak. It has a full aeriation floor and fan. There is also another bin with 4,000 bushels of storage capacity with a full dryer floor and fan with no heater. This bin has a single auger stirator. There is also an old unique 26 ft. x 84 ft., farrowing barn that still has the wood farrowing pens. The remaining building is a 42 ft. x 28 ft. barn. It has a 12 ft. driveway on the tall side, all concrete floor and 2 - 8 ft. x 28 ft. x 10 ft. high raised bins. There is a well with 5 in. casing as well as a septic tank and leach bed on the building lot.
Tract 4: 77± ac This tract is mostly tillable and has 3.8 acres, along the ditch on the east side of the property in CRP. The CRP contract expires on September 30, 2020. The annual payment is $829 or $218.24 per acre. This tract has Iroquois River frontage and road frontage on County Road 850 S.
Tract 5: 123± ac FSA considers 102.07 acres as cropland, of which 6.13 acres are in CRP. One CRP contract is on 2.6 acres (FSA Aerial shows 2.63 acres) and it expires September 30, 2019. The annual payment is $590 or $227.00 per acre. The other CRP contract is on 3.5 acres and it expires September 30, 2022. The annual payment is $702 or $200.63 per acre. With the abundance of Iroquois River frontage, wooded area in the northwest part of the farm and CRP acreage, be sure to consider the hunting and recreational opportunities on this parcel. There is an old barn and one sided crib located on this tract near the river. There is a well with 4 in. casing and hand pump located near these buildings. There is also a flowing well located in the trees near the tillable field line in the northwest part of this tract. Seller will provide access to this Tract by way of a 50 ft. wide ingress/egress easement over part of the southern portion of Tract 6 from County Roads 850 S and 1080 W. In the event Tract 5 is bought in a combination which includes Tracts 4 or 6, the Seller will not be providing an ingress/egress easement.
Tract 6: 5± ac This tract is improved with an older two-story home, detached 2 car garage, 40 ft. X 60 ft. machine shed with approximately 1/3 of the floor being concrete and 27 ft. diameter bin with approximately 9,000 bushels of storage capacity to the bottom of the stirator. The bin has a 2 auger-wall hugger stirator, dryer floor, fan and burner. The LP tank at the bin is not being sold with the property. There is also a 30 ft. X 40 ft. crib with 5 overhead bins. This tract has a well with 4 in. casing. * Contact auction managers for room sizes and additional information regarding home.
REAL ESTATE TAXES: 2014 payable 2015 (Tracts 1 & 2) $1,764.18, Iroquois Conservancy assessment of $11.10; (Tract 3) $838.20, Iroquois Conservancy assessment of $5.27; (Tracts 4, 5 & 6 - 3 Tax ID numbers) $3,469.74, Iroquois Conservancy assessments of $21.82, additional ditch assessment of $15.88 (Louis B. Nagle Tile).