Land Auction 1,600+/- Acres Vigo & Clay County, Indiana

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Auction on September 19, 2019

Address: Vigo & Clay County
State: Indiana
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Property Description

1,600+/- Acres Vigo & Clay County, IN

Selling in 10 Tracts On Our

UNRESERVED ONLINE AUCTION

September 19, 2019

Bidding opens September 5, 2019, and ends September 19, 2019, at 11:00 EDT

This farm is selling on our unreserved online auction.  To register and bid, visit www.bigironrealty.com.

The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid.  Real Estate Agent reserves the right to adjust bidding increments.

 Plan to Attend the Informational Meeting & Auction:

Holiday Inn

2645 S Joe Fox Street

Terra Haute, IN 47803

BigIron Realty Agents will be at the Holiday Inn in Terra Haute, on Wednesday, September 18, 2019, from 3:00 to 6:00 pm and on Thursday, September 19, 2019, from 8:00 am until the conclusion of the online auction.  Please come during the times scheduled to discuss the farm.  BigIron Realty Representatives will be there to assist buyers with registering to bid online.  You do not have to be present to bid online, but you are required to be available by phone.

BIDDING PROCESS: You may place bids on this farm for 14 days beginning September 5, 2019, and ending September 19, 2019, at 11:00 EDT. This unreserved online auction features bidding extensions. The closing times will be automatically extended when any one of the coupled tracts receives a bid in the last 5 minutes and will close simultaneously when none of the tracts receive a bid for 5 minutes.  This will allow bidders to monitor each tract without the fear of missing out on any other tract. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.

ALL BOUNDARIES ARE APPROXIMATE AND WILL BE DETERMINED BY A SURVEY

 FSA Base & Yields: To be determined by FSA Farm reconstitution procedure

Tract 1:

General Description: This is a level to gentle sloping tract; 3 sides of this tract are maintained graveled roads, and the north side of the tract has a small creek that separates the tracts.  A 7-tower, T&L center pivot irrigation system covers more than half of this property.

 Legal Description:  Section 1-11-8 Vigo County, IN, containing approximately 111+/- acres (exact acres to be determined by a survey)

Land Location:  From Riley, IN. Junction of Hwy 159 & State Rd, 46 travel east for 3.5 miles, turn north and travel 2 miles on County Rd 53S (Vigo/Clay County Line Rd), turn west and travel 3/8 mile on E. Moyer Dr.  Tract 1 is on the north side of E. Moyer Dr.  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/nlMaJ5V4ZsY

Tract 2: 

General Description: There are well-maintained, graveled roads on the east, south and west sides of this tract. The north side is marked by a creek running with the property line.  A 10-tower T&L center pivot with drop-down nozzles. 10+/- acres of recreational use, which includes a 4+/- acre pond stocked with bluegill and bass. 72+/- acre pasture ground sits on the north side of the tract.  John Deere Power Tech model 6068TF150 diesel engine, 6.8 liter, Berkeley pump model B4JRMBH, serial number: G170798. This pivot draws water from the pond to irrigate. See photographs to view equipment.

Legal Description: Section 1-11-8 Vigo County, IN, containing approximately 195+/- acres (exact acres to be determined by a survey)

Land Location:  From Riley, IN, Junction of Hwy 159 & State Rd 46, travel east for 3.5 miles, turn north and travel 2 miles on County Rd 53S (Vigo/Clay County Line Rd), turn west and go ½ mile on E. Moyer Dr. Tract 2 is on the north side of E. Moyer Dr.  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/Vv6lmYTYNfM

Tract 3: 

General Description: 23+/- acres of very nice pasture ground with trees, and 117+/- acres of farmable ground.  A creek runs across the center of the tract. A good graveled road on two sides of this property. The west boundary line used to be railroad tracks, but they have been removed. Now it is just a trail.

Legal Description: Section 2-11-8 Vigo County, IN, containing approximately 140+/- acres (exact acres to be determined by a survey)

Land Location:  From Riley, IN, Junction of Hwy 159 & State Rd 46, travel east for 3.5 miles, turn north and travel 2 miles on County Rd 53S (Vigo/Clay County Line Rd), turn west for 1 mile on E. Moyer Dr.  Tract 3 is on the north side of E. Moyer Dr.  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/cOV2fQEoEFI

Tract 4: 

General Description: This tract has two, beautiful ponds stocked with bluegill and bass. One is 7+/- acres, while the other 18+/- acres. 180 nice, flat, farmable acres with 2 T&L center pivots; a 6 tower on the east side with a mix of sprinklers and spray nozzles, a 4 tower on the west side. 44+/- acres of trees/pasture ground.  ISUZU diesel engine model 3CE1-BDZP1, Berkeley pump model B3JRMBM serial number: 037A13U.  Sellers note: This Isuzu engine & Berkeley pump supply both Pivots on tract 4 from the 18-acre pond.

Legal Description: Section 7-11-7 Clay County, IN, containing approximately 249+/- acres (exact acres to be determined by a survey)

Land Location:   From Riley, IN, Junction of Hwy 159 & State Rd 46, travel east for 3.5 miles, turn north and travel 1.5 miles on County Rd 53S (Vigo/Clay County Line Rd) to W. County Rd 150 N, tract 4 starts here (tract 4 goes east for 1.25 miles). Keep proceeding for ½ mile north to W. County Rd 200N and turn east.  Tract 4 is on the south side of W. County Rd 200N and property line goes east for 1.25 miles.  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/5S3gCTEsiDM

Tract 5: 

General Description:  92+/- acres farm ground, 15 acres+/- pasture/forest. A well-maintained graveled road on three sides. The west boundary line used to be railroad tracks, but they have been removed. Now it is just a trail.

Legal Description: Section 1-11-8 Vigo County, IN, containing approximately 107+/- acres (exact acres to be determined by a survey)

Land Location:  From Terre Haute, IN, Junction of Hwy 40 & 42, travel east for 4.3 miles then turn south and travel 1 mile on Tabortown St.  Tract 5 is east of Tabortown St. and south of E. Margaret Dr.  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/GAuUwkCQmz4

Tract 6: 

General Description:  The largest tract, it has a creek running on the east side of the property and has grass throughout.  There is a good graveled road on the south and west sides.  An 11-tower T&L center pivot that covers about half of the property. Pivot has Mach 2 plastic pivot tires.

Legal Description: Section 6-11-7 Clay County, IN, and Section 1-11-8 Vigo County, IN, containing approximately 369+/- acres (exact acres to be determined by a survey)

Land Location:  From Terre Haute, IN, Junction of Hwy 40 & 42, travel east for 4.3 miles and turn south and travel 2 miles on Tabortown St.  Turn east and travel ¾ mile on E. Moyer Dr.  Tract 6 is on the north side of E. Moyer Dr/W County Rd 200 N.  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/Brd1gikvhD0

Tract 7:  

General Description:  This tract is flat with a creek that runs along the west boundary line. Tract has a very good graveled road on the north side and a row of trees on the east side.

Legal Description: Section 6-11-7 Clay County, IN, containing approximately 100+/- acres (exact acres to be determined by a survey)

Land Location:  From Terre Haute, IN, Junction of Hwy 40 & 42, travel east for 4.3 miles and turn south and travel ¾ mile on Tabortown St.  Turn east and travel 1.5 miles on Bloomington Rd which then turns into W. Lower Bloomington Rd.  Tract 7 is south of W. Lower Bloomington Rd. (property line goes east for 1 mile).  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/hNP4DIL_vrQ

Tract 8: 

General Description:  This tract is a mixture of farm ground, wetlands, and trees. It does have a road running across the property with a very good graveled road on the east and west sides. A creek forms from the south boundary line. Tract has a small pond that you can duck hunt on.

Legal Description: Section 6-11-7 Clay County, IN, and Section 1 & Section 36-11-8 Vigo County, IN, containing approximately 220+/- acres (exact acres to be determined by a survey)

Land Location:  From Terre Haute, IN, Junction of Hwy 40 & 42, travel east for 4.3 miles, turn south and travel for 1 mile on Tabortown St.  Turn east and travel ½ mile on E. Margaret Dr, then turn south on Light Rd. Tract 8 will be on the east side.  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/P87o74Hm0_I

Tract 9: 

General Description:  Nice 19+/- acre property. 49.2% forest, 15.6% non-cropland, 14.7% grass/pasture, and 13.3% row crop.  This property has a 4.0% slope.  The west boundary line used to be railroad tracks, but they have been removed. Now it is just a trail.

Legal Description: Section 36-11-8 Vigo County, IN, containing approximately 19+/- acres (exact acres to be determined by a survey)

Land Location:  From Terre Haute, IN, Junction of Hwy 40 & 42, go east for 4.3 miles, turn south and travel ¼ mile on Tabortown St.  Turn east and travel ¾ mile on Bloomington Rd, then turn south and travel ¼ mile on McFadden Ln.  Tract 9 is on the west side.  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/r6roew7wvck

 Tract 10: 

General Description: Mainly trees and pasture with some farmland. Access is from the east side of the property which has a graveled road.

Legal Description: Section 2-11-8 Vigo County, IN, containing approximately 73+/- acres (exact acres to be determined by a survey)

Land Location:  From Terre Haute, IN, Junction of Hwy 40 & 42, go east for 4.3 miles and turn south for 1.15 miles on Tabortown St.  Tract 10 is west of Tabortown St, this represents the east side of tract 10, to see the west side of tract 10, proceed south for .83 miles, then turn west and travel ¾ mile on E. Moyer Dr, turn north on S Pinehurst St and travel ¼ mile.  Tract 10 is on the east side of S Pinehurst St.  Watch for yellow “For Sale” signs.

Property Video: https://youtu.be/SXl-KpRod_w

 Owner:  Timothy & Robin Schutter

Title Services:  Integrity Title Services, Terre Haute, IN

For more information, contact listing agent: 

Ron Stock 812-217-7860

 

Terms:  The successful buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to the Title Company.  The earnest deposit can be made by a personal check, company check or by wire transfer. The balance will be due at closing December 16, 2019, or January 16, 2019, at the seller’s discretion. Seller will provide marketable title to the buyer evidenced by title insurance; the title insurance and owners policy premium will be paid by the seller and lender fees will be paid by the buyer.  The 2019 real estate taxes will be paid by the seller and the 2020 real estate taxes will be paid by the buyer.  The property will not be sold subject to financing.  Bidding increments may be changed at the discretion of the Real Estate Agent.  Please have all financial arrangements made prior to the auction.  The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed or implied and shall be the sole and controlling document for this real estate transaction.  BigIron Realty is working for the seller.

 

Property Information

  • Type:

    Farmland

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