Brook, IN 47922 - Newton County

637+/- Acres offered in 5 Tracts, MAJOR LAND AUCTION

Tue, Feb 18, 5:00 PM

Newton County, Indiana

Owner: Newberry Farm

637+/- Acres offered in 5 Tracts

MAJOR LAND AUCTION

Mostly Productive Cropland Acres

Excellent Soils

2 Homes, Tool Sheds, Grain Bins

6+/- Miles Northeast of Brook, Indiana

ONLINE BIDDING AVAILABLE

For online bidding information, call Kevin Jordan at Schrader Auction Co. - 800-451-2709.

OPEN HOUSE/INSPECTION DATES

Sat., Jan. 18th from 9AM-12Noon Central

Tues., Jan. 28th from 3PM-5PM Central

Meet Jim or Matt at Tract #3 Or for a private showing call Jim or Matt.

TRACT DESCRIPTIONS

Tract 1: 219 ac tract of land with 215.43 acres tillable per FSA office. This tract offers excellent quality soils, good outlet to Batteday Ditch and frontage on CR 600 S.

Tract 2: 292 ac tract of land with 285.73 acres tillable per FSA office. This tract offers an excellent opportunity to purchase quality soils, good outlet to Batteday Ditch and frontage on CR 600 S. An excellent opportunity to purchase 501 +/- acres of tillable land in one location with excellent soils.

Tract 3: 6 ac parcel of land with frontage on CR 600 S with the following improvements:

Main House - A 2 story farm house with approx. 1805 +/- sq. ft. concrete built home with 1 bedroom down and 4 bedrooms up. It has a large kitchen, dining and family room with a fireplace and 2-1/2 bathrooms. Also, it has a full basement, LP gas and hot water heat.

Garage - 20 ft.x24 ft. concrete walled garage with electric overhead door.

Second House - 1392 +/- sq. ft. home with 3 bedrooms, 2 baths, living/dining room and kitchen.

Carport - A 14 ft.x24 ft. carport, includes a 3 ft.x14 ft. storage area and concrete floor. Tool Shed-34 ft.x70 ft. concrete block building with concrete floor and (2) 14 ft.x12 ft. sliding doors.

Grain Bin - 56,000 +/- bu. grain bin with dryer and 21,700 +/- bu. grain bin with dryer.

Tool Shed L-shaped - 3 sided tool shed being 30 ft.x72 ft. and 24 ft.x78 ft. with concrete floor.

Double Corn Crib - 30 ft.x70 ft. wooden frame structure with concrete driveway.

Shop/Tool Shed - 26 ft.x64 ft. wood frame structure with partial concrete floor and 2 entrance doors.

Old Barn - 30 ft.x30 ft. wood frame building with partial concrete floor.

Tract 4: 80 ac parcel of land, mostly tillable. It has quality soils and frontage on CR 500 S.

Tract 5: 40 ac Swing Tract of land with 34.22 acres of tillable land and quality soils. Also there are some woods on this tract. The swing tract must be bid with Tract 4 or by an adjacent land owner.

The Owner has applied fall fertilizer on Tracts 1, 2, 4 & 5 and the Buyers will pay the Owners for fertilizer. The Owner has done fall tillage and the Buyer will pay that cost. Fall Fertilizer on Tracts 1, 2, 4 & 5: $45,780 - 616 Tillable Acres = $74.32/Tillable Acre. Fall Tillage Tracts 1 & 2: Disc $14/Acre & Chisel $17.50/Acre = $31.50/Tillable Acre. Tracts 4 & 5 Chisel = $17.50/Tillable Acre. Tracts 1 & 2 Fertilizer/Tillage $74.32 + $31.50 = $105.82/Tillable Acre. Tracts 4 & 5 Fertilizer/Tillage $74.32 + $17.50 = $91.82/Tillable Acre. There are city water lines on the north side of both CR 500 S & CR 600 S. - Tracts 1, 3 & 4. Tracts 1 & 2 have had an extensive amount of tile installed over the past years. Please contact Jim or Matt for the tile map.

Per the County Assessors Card, Tracts 1, 2 & 3 have 517.18 Acres & Tracts 4 & 5 have 120 Acres.