THIS IS A COMPLETED SALE
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Land Auction - 307.75+/- Acres in 5 Tracts
Previous Page Listing ID#: 28341

Auction Location
Winamac, IN 46996

Auction Dates and TimesSALE IS COMPLETED
Tuesday Nov 29, 2016 Completed

Auction Type
Live Auction

Company Information
Schrader Real Estate & Auction Company Website: www.schraderauction.com/ GoToAuction.com ID#: 2590 View company information and listings

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Listing Information

Property Address

Winamac, IN 46996

• 307.75+/- Acres offered in 5 Tracts • Quality Soils • Irrigated Land • Excellent Location • Possible Building Site • Online Bidding Available

OPEN HOUSE/INSPECTION DATES
Monday, November 7th from 3:00-5:00 PM Eastern.
Meet a Schrader Representative at Tract 3 (grain bin site).

PROPERTY LOCATION
From Winamac, IN, take SR 14, 5+ miles west to CR 500W, Tracts 1, 2 & 3 are on the south side of SR 14, Tracts 4 & 5 are on the north side of SR 14.

AUCTION LOCATION
Knights of Columbus Hall, 340 E 50 N, Winamac, IN. From the intersection of SR 14 & US 35, take US 35 approximately 1/2 mile north to CR 50N (Alliance Bank), turn and go east approximately 1/2 mile east to Knights of Columbus Hall.

TRACT DESCRIPTIONS
Tract 1: 160± ac nearly all tillable except for open ditch and roads. This tract has a 6 tower center pivot and a 12 in. well at the SW corner. Power unit and generator included.

Tract 2: 70.5± ac parcel of land with mostly all tillable land. This tract has frontage on SR 14 and CR 500W. Note: Part of the west portion of this tract has the center pivot that will irrigate some of this land.

Tract 3: 2.5± ac tract of land has frontage on SR 14. This tract has the following grain operation: dump pit; grain leg; 3 older grain bins; overhead bin; one 7 ring grain bin with air tube; one 6 ring grain bin with air tube with a sweep auger. Note: Per owners, only the (2) east bins have been in use.

Tract 4: 62± ac parcel of land with frontage on SR 14. This tract of land has tillable land, small open ditch and some CRP land.

Tract 5: 13± ac parcel of land with 110 ft. frontage on SR 14. This tract has 9+/- acres of woods, possible building site or recreational property.
Tracts 1, 4 and 5 are crossed by a new NIPSCO easement corridor. Contact Auction Company for details. The sweep auger in the bin is owned by the trust. The tenant may use one bin, the smaller 3000 bushel bin. If he does use, would be empty by February of 2017.

FSA Information:
Farm #903
Farmland 316.40 Acres
Cropland 293.26 Acres
CRP Land 23.52 Acres
Corn Base 247.78 Acres
Soybean Base 18.22 Acres

CRP Land: Expiration Date 9/30/2024
CP 21 Practice
23.52 Acres = $5,275/year
Tract 1 - 5.1 Acres in CRP
Tract 2 - 3.32 Acres in CRP
Tract 4 - 15.1 Acres in CRP

Disclaimer: To view updated information on this auction, please visit http://www.schraderauction.com/auctions/6998

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