3024 County Road 700 West, Rensselaer, IN 47978 - Jasper County

Productive Cropland Wooded Building Sites Hunting/Recreational Land 1920 sf Brick Home with Full Basement on 3+/- Acres 2024 Crop Rights Available 7+/- MILES NORTH OF RENSSELAER 8 1/2+/- MILES SOUTH OF DEMOTTE

OPEN HOUSE/INSPECTION DATES:

Tuesday, February 20th from 2 - 4 PM Central

Saturday, March 2nd from 10 AM - 12 Noon Central

Meet a Schrader Representative at Tract 8: 3024 N 700 W, Rensselaer, IN 47978

REAL ESTATE TAXES: 2022 payable 2023

Tracts 1-4 (1 Tax ID#) $1,497.66 Drainage Assessments: $157.92

Tracts 5 & 6 (1 Tax ID#) $287.46 Drainage Assessments: $126.68

Tracts 7 & 8 (1 Tax ID#) $1,081.60 Drainage Assessments: $161.88

Tract 9 (1 Tax ID#) $1,764.74 Drainage Assessments: $473.58

FSA INFORMATION:

Cropland - 352.76 acres*

Corn Base - 261.95 acres PLC Yield - 139 bu.

Soybeans Base - 39.4 acres PLC Yield - 45 bu.

Wheat Base - 2 acres PLC Yield - 38 bu.

*Includes 6.4 acres in CRP on Tracts 7 & 8 that terminates 9-30-2024

Auction Info Book

OPEN HOUSE/INSPECTION DATES

Tuesday, February 20th from 2 - 4 PM Central

Saturday, March 2nd from 10 AM - 12 Noon Central

Meet a Schrader Representative at Tract 8: 3024 N 700 W, Rensselaer, IN 47978

PROPERTY LOCATION

From Rensselaer, IN; take US 231 approx. 6 miles north to US 231 & SR 14, then take SR 14 1.5 miles west to CR 700W, then take CR 700W 1 mile north to CR 700W & CR 200N; Tract #1 is at the NE corner of intersection. At the intersection of CR 200N & CR 700W, travel north on 700W and north of Tract #1 will be Tract #2, continue traveling north to Tract #3 which also has frontage on CR 700W. Tract #4 is just north of Tract #3 with frontage on CR 700W & CR 300N. Tract #5 is located just north of Tract #4 with frontage on CR 300N and CR 700W. Tract #6 is located just north of Tract #5 and has frontage on CR 700W. Auction Tract #7 is located on the west side of CR 700W and west of Auction Tracts #5 & #6 with frontage on CR 700W & CR 300N. Auction Tract #8 is located at the NW corner of the intersection of CR 300N & CR 700W. To view Tract #9, from the intersection of CR 300N & CR 700W, take CR 700W 1 mile north to CR 700W & CR 400N, turn right (go east) on CR 400N 1/2 mile, Auction Tract #9 will be on the north side of CR 400N.

AUCTION LOCATION

The Farmhouse Restaurant and Conference Center

754 N 600 E, Fair Oaks, IN 47943

From northwest of Rensselaer at the intersection of I-65 and SR 14 (Exit 220), go west on SR 14 to the first county road (600 E), take CR 600 E south to The Farmhouse Restaurant and Conference Center.

TRACT DESCRIPTIONS

Tract 1: 40 ac Nearly all tillable. This tract has productive soils with frontage on both CR 200 N and 700 W.

Tract 2: 70.5 ac Nearly all tillable with frontage on CR 700 W. This tract offers some excellent soils.

Tract 3: 20 ac This tract has a nice mix of tillable land and woods. Investigate for a possible building site east of the east property line of the neighboring house and property in front to provide the 400ft building line required in the A1 district. Frontage on paved CR 700 W.

Tract 4: 27 ac Nearly all tillable. This is a nice corner tract with frontage on both CR 700 W and 300 N.

Tract 5: 20 ac Nearly all tillable. This tract has road frontage along CR 300 N and 700 W.

Tract 6: 20 ac Tillable land and woods with frontage on CR 700 W. Investigate the potential of this tract for a really nice building site, with room for gardening or food plots.

Tract 7: 37 ac Mostly tillable. This tract has a large drainage ditch on it, as well as a small patch of woods on the north end. Investigate for a potential building lot and this tract has frontage on both CR 700 W and 300 N. This tract has CRP along both ditch banks and the CRP contract terminates on 9/30/2024.

Tract 8: 3 ac This tract has a house with 1,920 square feet, with a full 1,920 square foot basement. Built in the mid 1970s it has 3 bedrooms and 1 1/2 bathrooms, a large living room/dining room area along with a 2 car attached garage, plus a toilet and shower in the garage. It boasts central air conditioning and a fireplace in the basement. This property has not been lived-in for several years, so there are some updates that will be needed before occupancy. This property has some CRP along the west boundary near the ditch and the CRP contract terminates on 9/30/2024. The house address is: 3024 N 700 W, Rensselaer, IN 47978.

Tract 9: 146 ac 140.05+/- cropland acres per FSA. Frontage on CR 400 N. Mostly all tillable land, with a drainage ditch and a small patch of woods way in the back. The front portion of this tract is currently planted to winter wheat and the Buyer will get that crop as part of the purchase.