120.71 ACRES – TILLABLE – WOODS – BUILDING SITES

Real Estate Auction

W CR 350N, Greencastle
Monroe Township – Putnam County

120.71± Total Acres
91.86± Tillable Acres – Woods

Thursday, May 4th – 6:30 p.m.
Auction to be held at the Bainbridge Community Building,
201 North Grant Avenue, Bainbridge, IN  46105

Property Description
Parcel 1: 24.16± acres; mostly woods; beautiful building site(s)
Parcel 2: 96.55± total acres; 91.86± tillable acres; primarily Reesville, Xenia, & Ragsdale soils; 158.7 overall productivity index; good producing farmland; 50’x90′ pole barn; 3 bins with 63,000± bushel total capacity

Farm offered in two parcels & in its entirety!

Directions to Farm: Take US 231 south from US 36 or north from Greencastle to CR 350N.  Go east to the property on the south side.

Directions to Auction Site: Bainbridge Community Building, 201 North Grant Avenue, at the west edge of Bainbridge off of US 36.

Terms of Auction
TERMS: Successful buyer to pay 10% down day of auction with the balance due on or before June 5, 2017.
TAXES: Real estate taxes to be prorated to day of closing.
CASH RENT: 2017 cash rent to be prorated to day of closing at $215.00 per acre.
FINAL BID: Property to sell subject to the final confirmation of the sellers.
POSSESSION: Day of closing for barn & non-tillable land, upon harvesting of crops & subject to tenant’s rights for grain bins & tillable land.
SURVEY: Auction parcels will be surveyed to determine actual acreage amounts at the seller’s expense.
IMPROVEMENTS: All improvements to be sold in “As-Is” condition.
INSPECTIONS: Call LAWSON & CO. at 317-745-6404.

Owners: Michael, Steven, & Daniel Clodfelter & Marilynne Phipps

Click Here to View Photos & Maps of the Property

Click Here to View the Auction Brochure