Land for Sale - 10498 Indiana 71, Clinton, IN 47842 - 148.0 acres

AUCTION, +/- 148 Acres, Vermillion County, IN

10498 Indiana 71, Clinton, IN | Lat/Lng:  39.7347, -87.5060

Auction
148 ac.
03/31/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

<p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">FARMLAND AUCTION</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">+/- 148 Acres</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Helt TWP. Vermillion County, IN.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Auction Time &amp; Date:</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Wednesday, 10:00 AM EST, May 7th</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Auction Location:</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Beef House Restaurant</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">16501 N, IN-63, Covington, IN 47932</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Farm is located 6 miles south of Dana, IN.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Farm is located on the north side of State Road 71.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Part of sections 22 and 23, T15N R10W, Helt TWP. Vermillion County, IN.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Highly Productive Soils</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Excellent Yield History</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">6 miles south of the AC grain elevator in Dana, IN.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Buyer receives 100% of the 2025 cash rent and 50% of the CRP payment.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">+/- 148 Acres; Part of sections 22 and 23, T15N R10W, Helt TWP. Vermillion County, IN.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Assessor PIN: 83-11-22-100-001.000-007, and Assessor PIN: 83-11-23-200-001.000-007.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">2024 payable 2025 Real Estate Tax = $8,078.00.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">+/- 149.55 cropland acres, Per FSA</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">+/- 145.45 tillable acres, 84.1 NCCPI soil rating.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">+/- 4.10 waterway acres enrolled in CRP paying $772 annually, expiring fall of 2030.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Sale is subject to the 2025 cash rent agreement.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Cash rent agreement is a base rent with a flex bonus payment.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Buyer will receive half of the base payment at closing, and the second half of the base payment will be paid to buyer October 1st.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">The bonus flex payment is paid to buyer December 15th or at the completion of harvest.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Contact Auctioneer Travis Selby for the cash rent lease details.</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Yield History</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">2024: Corn 231 bushel; Soybeans 66 bushel</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">2023: Corn 241 bushel; Soybeans 77 bushel</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">2022: Corn 228 bushel; Soybeans 68.5 bushel</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">2021: Corn 221 bushel; Soybeans 86 bushel</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">2020: Corn 204 bushel; Soybeans 68 bushel</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">5yr Average</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">225 Bushel Corn; 73.1 Bushel Soybeans</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">Travis Selby</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">217-304-1686</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">IN Auctioneer AU1070091</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">IN Broker RB1404432</p>

Details

CountyVermillion
Zipcode47842
Property Type OneFarms
BrokerageAg Exchange Inc
Brokerage Linkwww.agexchange.com
Land Listing Agent Photo
Agent: Travis Selby
Contact Agent:Email Land Listing Agent
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