• 5PM CST • 228+/- Acres offered in 2 Tracts • 216+/- Acres Tillable • Quality Soils • 7 Tower Center Pivot • High Percentage Tillable Land • Good Drainage Outlet • Lime Applied by VRT in February 2018 • Immediate Possession Available with Additional 10 Percent Down Payment • 4 Miles South of DeMotte, Indiana • Online Bidding Available You may bid online during the auction at our website. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Schrader Auction Company.
Open House/Inspection Dates
Thursday, March 14 & 21 from 2-4:00 pm Cst
Meet a Schrader Representative at the building site out of Tract 2 along 800W. Or call Matt or Jim for a private showing.
Tract 1: 120± ac with 40 ft. owned access out to CR 800W. This tract has 112.71 acres tillable per FSA office. Also, this tract has a Valley 4271 Series 7 tower center pivot at 185 ft./tower plus end gun of approx. 80 ft. coverage. There is a portable Cummins 6 cyl. Diesel engine (8350 hrs.) with generator. Also there are (3) 8 in.-45 ft. deep wells at 250 gpm per well. The owner has installed concrete wheel pads over the lateral ditches. Note: if Tract 1 sells separate from Tract 2; Tract 1 buyer will allow Tract 2 access to the lateral 3 to Stover 180 Ditch for drainage.
Also, no house can be built on this tract unless they obtain approval from Jasper Co. Planning Dept.
Tract 2: 108± ac with an estimated 103.5+/- acres tillable. This tract has quality soils, high % tillable and frontage on CR 800W.
2017 pay 2018 RE Tax - Ditch Tax - real estate tax value includes the buildings, grain bins and approx. 7.7 acres not part of auction property
Farmland 232.33 acres
Cropland 218.08 acres
Crop: Corn; Base: 186.33 ac.; PLC Yield: 160 bu.
Crop: Soybeans; Base 27.02 ac.; PLC Yied: 52 bu.
Includes some land not part of the auction property.
Less the est. 7.7 acres with improvements and tillable land being retained.
Less the tillable land around the improvements being retained which leaves est. cropland of 216+/- acres.
Crop Insurance Yields
Corn - 2016 - 197 bu.
Beans - 2017 - 55 bu.
Corn - 2018 - 208 bu.
Provided by Owner