Rensselaer, IN 47978 - Jasper County

Productive Farmland Highly Tillable Tracts Woods Providing Hunting & Recreational Opportunities State Road 16 Highway Frontage Investigate Home Site Potential 2023 Crop Rights Available Offered in 4 Tracts or any Combination Ranging from 28.5+/- to 49+/- Acres

OPEN HOUSE/INSPECTION DATES

Wednesday, March 1st from 2PM-4PM (CST)

Wednesday, March 8th from 2PM-4PM (CST)

Meet a Schrader Representative at Tracts 3 & 4 on the road off SR 16.

PROPERTY LOCATION

From 3 3/4 miles south of Rensselaer on US 231 at the intersection of US 231 and SR 16, go west on SR 16 for 2 miles to Tract 1 on the south side of SR 16. Tract 2 is south of Tract 1 on Jordan Road (CR 780 W) and Tracts 3 and 4 are a short distance west of Tract 1 on the north side of SR 16.

AUCTION LOCATION

Knights of Columbus

325 E Vine St., Rensselaer, IN 47978

From downtown Rensselaer at the Jasper County Courthouse head northeast for 2 blocks on US 231 (Washington St.). Turn left on US 231 (N. McKinley Ave.) and go approximately .3 mile to E. Vine St. (E. Vine St. is the first street south of the railroad tracks). Turn east on E. Vine St. and go 1 block to auction site.

TRACT DESCRIPTIONS

Tract 1: 39 ac Productive soils and mostly all tillable. This tract has road frontage along State Road 16 and Jordan Road (CR 780 W) is east of the property.

Tract 2: 38 ac Productive soils and nearly all tillable. This tract has 3 acres in CRP that expires 9-30-26. Frontage on CR 1050 S and Jordan Road (CR 780 W) is east of the property.

Tract 3: 28.5 ac Productive soils, nearly all tillable and frontage along SR 16.

Tract 4: 49 ac Productive soils with 29.28 tillable acres per FSA. Consider the hunting and recreational opportunities that the wooded area in the northwest part of the tract offers. Beautiful Carpenter Creek also winds through this area. Also investigate this tract for a potential home site. This tract has frontage on SR 16.

NOTE: Tracts 3 and 4 will be sold subject to any existing rights with respect to the use of the roadway along their common boundary (which is not currently maintained by the Jasper County Highway Department per a representative of the Highway Department). If not sold together, Tracts 3 and 4 will be subject to and have the benefit of a new ingress/egress and utility easement to be created within a 50 foot wide corridor (25 feet on either side of the approximate centerline of the roadway).

Immediate Pre-Closing Available on Cropland with Additional 10% Down Payment. Corn stalks fall vertical tilled - Contact Auction Managers regarding fall chemicals applied

REAL ESTATE TAXES: 2021 payable 2022:

Tracts 1 & 2 (1 Tax ID #) $908.02 Drainage Assessments: $138.02

Tracts 3 & 4 (1 Tax ID #) $692.58 Drainage Assessments: $133.72

FSA INFORMATION:

Cropland - 136.63 acres (Includes 3 acres in CRP)

Corn Base 67.7 ac., PLC Yield 167

Soybeans Base 65.93 ac., PLC Yield 43

CRP - 3.0 acres (Annual pymt. $174.11/acre - Total $522/year) Expires 9-30-26