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Auction Date: 06/06/2023 Auction Time: 11 AM EDT

Auction Location: Garrett American Legion, 515 West Fifth St, Garrett, IN 46738

Entire Farm Description:

What a rare opportunity to own this multigenerational farm being offered to the public for the first time in several generations. At 146.58+/- acres, this prime tillable ground could be a great addition to your operation or an investment piece to grow your portfolio. Located in the West part of Dekalb County, just 6 miles East of Kendallville and 7 miles NW of Auburn. This property sits in a great location. With an overall NCCPI of 65.8, this ground could be an immediate producing farm for your operation.

Tract 1 Description:

This 146.58+/- acre tract is located just one mile south of Corunna, Indiana. Just west of 327 on CR 28. 131.42+/- acres of great producing soil featuring Rensselaer Loam, Boyer Sandy Loam, and Blount Loam. This large farm would make a great addition to an existing farming operation or a great investment. Access to the farm is from the North on CR 28. This tract does have some CRP and woodlands on the property. Buyer will receive 2023 income and will pay 2023 taxes.

Details:

Tract #: 1

Deeded acres: 146.58+/-

FSA Farmland Acres: 131.42+/-

DCP Cropland Acres: 130.16

Soil Types: Rensselaer Loam, Boyer Sandy Loam, and Blount Loam

Soil PI/NCCPI/CSR2: NCCPI 65.8

CRP Acres/payment: 1.91 acres paying $208.80/acre and 2.60 acres paying $202.80/acre thru 9/24

Taxes: $1939.40

Lease Status: Open tenancy for 2024 planting season

Possession: Immediate possession subject to current tenants rights for 2023

Survey needed?: No survey needed

Brief Legal: Part E1/2 NE1/4, N1/2 E1/2 SE1/4, N1/2 W1/2 Sw1/4

PIDs: 17-05-08-200-002.000-016, 17-05-08-400-002.000-016, 17-05-09-300-006.000-016

Lat/Lon: 41.4188,-85.1582

Zip Code: 46730

Please visit the auctioneers website for more photos and full Terms and Conditions.