Auction Date:
November 15, 2024 | 11:00 amAuction Location / Nearest City:
11 E Main St, Hagerstown, IN, USAFeatured items:
- Well Cared For 3 bedroom 2 bath 1804 sq ft ranch home
- 2 Metal Outbuildings 30’x50’ and 36’x45’
- +/- 33 tillable acres
- NCCPI 35.08
- Both farming and recreation possibilities
- Building Potential
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Auction Description:
76.25 ACRES/ WAYNE COUNTY, IN
Live and Online at Ranchandfarmauctions.com
Auction Date: 11/15/2024 Auction Time: 11:00 AM ET
Auction Held At: The Meeting Place, 11 E Main St, Hagerstown, IN 47346
Open House Dates and Times: 11/07/2024 from 3:00 – 7:00 PM ET at 6919 North Henry County Line Road, Hagerstown, IN 47346
Auction Flyer: https://ranchandfarmauctions.com/uploads/documents/farmstead-farmland-in-wayne-co-in/Auction-Flyer.pdf
Entire Farm Description:
Discover the perfect farm in East Central Indiana. Located on the Wayne and Henry County line, this property offers a variety of different opportunities for a buyer. Tillable investment, hobby farm, recreation farm and the list goes on! The entire property consists of 76.25± deeded acres. The main farm (tracts 1 & 2) is broken down as 33.09± tillable acres and 9.36± wooded/other acres. There is a drainage that separates the property in half going north to south which provides great wildlife habitat. The woods toward the back of the property have some nice mature trees and a lot of wildlife sign. There is some existing fencing along the north and south property border. The tillable land has a slight roll to it and farms well. The average WAPI for soybeans is 41.16 and corn is 117.48. The tenant stated his average 2023 corn yield was 155 bu/acre. The tillable soil types are Losantville silt loam, Losantville clay loam, and Crosby-celina silt loam. Along the county line road is a well-maintained 1804± sq ft ranch style homewith an unfinished basement. This home has three bedrooms, two full bathrooms and two living areas. One of the bedrooms is a main suite with its own entrance and exit. The flow of the entire home is great and functional. There is a 22’x22’ attached 2-car garage and a fenced in backyard area with a porch facing east perfect for enjoying a morning sunrise. There is also a detached 24’x24’ garage. On the north end of the homestead are two outbuildings, 30’x50’ and 36’x45’. They are well constructed and serve a great purpose on the property! Up the road less than a mile is the remaining portion of the estate. 33.8± tillable acres with a wooded treeline along the southern border. This tract offers great road frontage with the county road along the East and North sides of the property. There is a maintained drainage to help with erosion. This tillable portion has an average NCCPI score of 38.76 with corn WAPI 114.43 and soybean WAPI of 40.07.
Tract 1 Description:
Tract #1 is offered as a 5± acre homestead. Located along the county line road sits this well-maintained 1804± sq ft ranch style home with an unfinished basement. This home has three bedrooms, two full bathrooms and two living areas. One of the bedrooms is a main suite with its own entrance and exit. The flow of the entire home is great and functional. There is a 22’x22’ attached 2-car garage and a fenced in backyard area with a porch facing east, perfect for enjoying a morning sunrise. There is also a detached 24’x24’ garage. On the north end of the homestead are two outbuildings, 30’x50’ and 36’x45’. They are well constructed and serve a great purpose on the property! The 5 acres give you a lot of opportunity. This home setting is perfect for someone who enjoys quiet country living but wants great access to nearby Hagerstown and New Castle and can get on I-70 quickly. The final acreage and boundary line will be tbd by survey prior to closing.
Tract 2 Description:
Discover the perfect farm in east central Indiana. Tract #2 is located on the Wayne and Henry County line, this property offers a variety of different opportunities including a potential build site, recreation farm or tillable investment. The entire property consists of 37.45± acres. This is broken down as 29.88± tillable acres and 7.57± wooded/other acres. There is a drainage that separates the property in half going north to south which provides great wildlife habitat. The woods toward the back of the property have some nice mature trees and a lot of wildlife sign. There is an opportunity to design this property the specific way you want to set it up for optimal wildlife enjoyment. There is some existing fencing along the north and south property border. The tillable land has a slight roll to it and farms well. The average WAPI for soybeans is 41.16 and corn is 117.48. The tenant stated his average 2023 corn yield was 155 bu/acre. The tillable soil types are Losantville silt loam, Losantville clay loam, and Crosby-celina silt loam.
Tract 3 Description:
Located less than 1 mile north up the county line road from tracts 1 and 2 sits tract 3. This farm consists of 33.8± total acres and 31.7± tillable acres with a wooded tree line along the southern border. This tract offers great road frontage with the county road along the East and North sides of the property consisting of 2300± feet. There is a maintained drainage to help reduce erosion. The tillable portion has an average NCCPI score of 38.76 with corn WAPI 114.43 and soybean WAPI of 40.07. Soil composition is made up of Losantiville silt loam, Losantville clay loam, Miamian silt loam, Crosby silt loam, and Celina silt loam.
Details:
Tract #: 2, 3
Deeded Acres: Tract 2: 37.45, Tract 3: 33.8
FSA Farmland Acres: Tract 2: 29.88 (TBD by final survey), Tract 3: 31.7
Soil Types: Tract 2: Losantiville Silt Loam, Losantville Clay Loam, Crosby- Celina Silt Loam, Tract 3: Losantiville silt loam, losantville clay loam, Miamian silt loam, Crosby silt loam, celina silt loam
Soil PI/NCCPI/CSR2: Tract 2: Nccpi: 35.08, WAPI Corn 117.48, beans 41.16, Tract 3: NCCPI:38.76, WAPI corn 114.43, WAPI beans 40.07
CRP Acres/payment: Tract 2: 0, Tract 3: 0
Taxes: Tract 2: $1,444,Tract 3: $621
Lease Status: Open Tenancy for 2025 crop year
Possession: Immediate possession subject to current tenants’ rights for 2024
Survey needed?: Tract 2: yes Tract 3: no
Brief Legal: Tract 2: Split from Pt Nw Sec 16 17 12 40 A, Tract 3: PT E1/2 NE1/4 8-17-12 24.505A, 3A, 6.026A, .269A
PIDs: Tract 2: Split from 89-05-16-000-103.000-020, Tract 3: 33-14-08-000-205.000-020
Lat/Lon: Tract 2: 39.92876, -85.19576, Tract 3: 39.94116, -85.20279
Zip Code: Tract 2: 47346, Tract 3: 47346
Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
Onsite bidders should bring a government-issued ID
10% down payment immediately after auction – cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted – Bidders shall rely entirely on their own information and judgments
Well Cared For 3 bedroom 2 bath 1804 sq ft ranch home
2 Metal Outbuildings 30’x50’ and 36’x45’
+/- 33 tillable acres
NCCPI 35.08
+/- 7wooded acres
Quiet County Setting
Both farming and recreation possibilities
Building Potential
Minutes from downtown Hagerstown, IN
Close drive to I-70 Access
11 E Main St, Hagerstown, IN, USA
Hagerstown, IN
Auction Location / Nearest City:
11 E Main St, Hagerstown, IN, USALISTING COMPANY
115 West Washington Street Suite 900
Pittsfield, IL, 62363