Legal Description: The NE ¼ of the SE ¼ and the E ½ of the NE ¼ Section 24-12-8W Vigo County, and Pt. of the W ½ Section 19-12-7 Clay County, Indiana, containing 202.01+/- acres
Land Location: From the intersection of Hwy 46 and Swalls Drive just east of Terra Haute, Indiana, go 5 miles east on Swalls Drive, then ¼ mile north on Hyde Street. The property will be on the west and east side of the county line.
General Description: This 202+/- acre farm called the “old Nugent farm” has approximately 185 acres of cropland, of which 160 acres are irrigated with an 8 tower T & L center pivot.
There is a 16” cased well that is approximately 120’ deep with ample water. Additionally, attached to the bottom of the well at a right angle is a ¼ mile of 16” underground, screened pipe that was installed years ago along the high wall and covered with rip raft.
The 8” electric submersible pump is powered by an IZUZU four-cylinder diesel engine. The 250-gallon diesel tank also sells with the farm.
The seller states it costs only $2 per acre to make a circle. In addition, the seller states he has had 80-bushel beans and more than 200-bushel corn. The farm had a tile system installed for drainage.
This property features a large pond, approximately 17-25 acres, that is shared with a neighbor, this portion has been surveyed and may be purchased separately for $159,500. The pond is loaded with up to 4 lb. bass, 16” crappie, and 1 lb. blue gill.
2018 Taxes: $4,787.76
Seller: Timothy and Robin Schutter