Land for Sale - New Marion, IN 47023 - 190.86 acres

190.86 acres in Ripley County, Indiana

New Marion, IN | Lat/Lng:  38.9836, -85.3563

Auction
190.86 ac.
01/28/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

PROPERTY DESCRIPTION LandProz is pleased to present the Comer Farm Auction in Ripley County, IN. This 190.86 +/- Acres will be offered to the public to bid their price via AuctionCast on the LandProz website. An excellent opportunity awaits to own productive farmland, or a great recreation site! Situated by the Jefferson Proving Grounds, and in close proximity to Hwy 50 and Hwy 421, these tracts offer easy access, all from blacktop road frontage. The four tracts can all be purchased individually, or as a Whole Farm. The tillable farmland Tracts 1 and 4 offer long rows for efficient farm operations on Cobbsfork silt loam soils. A significant portion of the farm was pattern tiled in 2020. The recreational Tracts of 2 & 3 both offer a potential building site, and a great place to get out and enjoy the outdoors. Please contact LandProz Auction Manager Jared Baird at 812-620-7745 or LandProz Auctioneer Brian Owens at 812-528-7021 for more information regarding this auction. WHOLE FARM 190.86 +/- Deeded Acres 145 +/- Tillable Acres 42 +/- Wooded Acres WAPI of 134.4 Prominent Soil Type: Cobbsfork silt loam Tenant/Possesion: Available 76% Tillable Long rows for efficient farming Functioning grain bins [12,000 +/- bu, and 15,000 +/- bu with stirrator] Pole barn with partial concrete floor 3,000 +/- feet of road frontage on W 600 S 2,700 +/- feet of road frontage on Old Michigan Rd Real Estate taxes $6,406 TRACT 1 75 +/- Deeded Acres 72 +/- Tillable Acres 3 +/- Acres around bin/barn site WAPI of 134.6 Prominent Soil Type: Cobbsfork silt loam Tenant/Possesion: Available Long rows for efficient farming Functioning grain bins [12,000 +/- bu, and 15,000 +/- bu with stirrator] Pole barn with partial concrete floor Real Estate taxes $TBD TRACT 2 16 +/- Deeded Acres 12 +/- Wooded Acres 4 +/- Tillable Acres WAPI of 134.8 Prominent Soil Type: Cobbsfork silt loam Tenant/Possesion: Available Potential building site Real Estate taxes $TBD TRACT 3 32 +/- Deeded Acres 28 +/- Wooded Acres 4 +/- Tillable Acres WAPI of 135 Prominent Soil Type: Cobbsfork silt loam Tenant/Possesion: Available Potential building site Real Estate taxes $TBD TRACT 4 67 +/- Deeded Acres 65 +/- Tillable Acres 2 +/- Wooded Acres WAPI of 134 Prominent Soil Type: Cobbsfork silt loam Tenant/Possesion: Available Long rows for efficient farming Real Estate taxes $TBD TERMS 1. Auction Company This real estate auction is conducted by Landproz of Indiana, LLC (Auction Company). 2. Bidding Format All bidding will be on a total dollar basis, unless otherwise indicated by the Auctioneer during the auction. 3. Acreage and Survey Adjustments The property is being sold based on deeded acres, which are subject to change due to survey results or other factors. In the event of such change, the total sales price will be adjusted accordingly. If the property is sold in individual tracts and a survey is required, the Seller will cover the cost of the survey. A Landproz representative may place a marker flag where the boundary lines should be. This is not a final survey and is for viewing purposes only. The final survey points are subject to change prior to closing and any changes will be reflected in the final purchase agreement. 4. Closing Details Closing will take place at: Ford Abstract in Greensburg, Indiana Closing will occur on or about April 8, 2026. Seller will provide a standard Owner's Title Insurance Policy at Sellers expense. Buyer and Seller will split the Closing Fee equally. 2026 Real estate taxes will be prorated to the date of closing. A maintenance agreement will be prepared on behalf of the Seller for drainage tile on Tracts 1, 3, and 4, and recorded at Closing, if any of these tracts are sold separately. There will be a 2% Buyers Premium added to the final Purchase Price. 5. Deposit and Payment Terms A 10% (non-refundable) earnest money deposit is due on each tract the day of the auction. The balance of the purchase price is due at closing. 6. Bidder Eligibility and Conduct The Seller and Auction Company reserve the right to accept or reject any and all bids at their sole discretion. The Auction Company and Seller reserve the right to preclude any person from bidding if there is any concern regarding that persons credentials, qualifications, or ability to enter into a binding contract. 7. Contingencies The sale is not contingent upon Buyers ability to obtain financing, conduct an inspection, complete an appraisal, or fulfill any other conditions. All property is sold AS IS, WHERE IS with no warranties or guarantees expressed or implied. 8. Announcements Any announcements made on the day of the auction by the Auctioneer will take precedence over any previously published or advertised material. LandProz, and its representatives are exclusive agents of the Seller. A 2026 Crop lease will be signed along with a Purchase Agreement at the conclusion of the auction between Buyer and Seller, from the day of the Auction to the day of Closing for a cost of $0, allowing the Buyer to have farming rights prior to Closing. If the Buyer is unable to Close, then the Seller reserves the rights of ownership to any planted crops, applied fertility, or improvements made to the property. 9. Property Information All information provided by the Auction Company or its representatives was obtained from sources believed to be reliable; however, no guarantees or warranties are made by the Auction Company or the Seller regarding its accuracy. Buyers are encouraged to conduct their own due diligence prior to bidding.

Details

CountyRipley
Zipcode47023
Property Type OneFarms
BrokerageLandProz Real Estate, LLC
Brokerage Linkwww.landproz.com
Apn691912500001000020
Land Listing Agent Photo
LandProz LandProz
LandProz Real Estate, LLC
(844) 464-7769
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