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Auction Date: 04/03/2023 Auction Time: 11:00 AM EST

Auction Location: Bainbridge Community Center, 201 US-36, Bainbridge, IN 46105

Entire Farm Description:

Nice sized productive tillable tract of ground in a convenient area of Putnam Co. Property has a good road frontage with multiple building site possibilities along with easy access for farm equipment.

60.44+/- total acres with 48.99 productive tillable acres according to the FSA. The overall NCPPI rating is 78.2 and is primarily composed of Reesville, Xenia and Russell silt loams. If you're looking for a solid land investment, a 1031 exchange possibility or just to simply diversify your wealth portfolio, this is an excellent option. With approximately 2700 feet of road frontage from the south and east, there are multiple ideal areas for building sites. The property is in a great location within the county, only 15 minutes to downtown Greencastle, 45 minutes to Indianapolis and 1 mile west of Bainbridge.

Details:

Tract #:

1

Deeded acres:

60.44

Soil Types:

Reesville silt loam, Xenia silt loam, Russell silt loam, Miami clay loam

Soil PI/NCCPI/CSR2:

NCCPI 78.2

CRP Acres/payment:

.9 acres paying $270.80/acre expires 9/24

Taxes:

$1,157 for the whole year.

Lease Status:

Open Tenancy for the 2023 crop year after the wheat harvest

Possession:

Immediate possession subject to current tenant's rights for 2022 wheat

Survey needed?:

No survey needed

Brief Legal:

E1/2 Ne S10 T15N R4W 60.34a Putnam Co, IN

PIDs:

670510100008000013

Lat/Lon:

39.7548, -86.8341

Zip Code:

46105