FNC Listing Number:A-17927 Land_Improved Farm
Terms: Possession at closing subject to the tenant rights of the 2010 Crop Share Lease.
The projected closing date is on or before May 14, 2010 unless a survey is required and then the closing shall be 15 days after receipt of survey. Closing costs shall be shared equally by the Buyer and Seller.
sold at : $1,750,000.00
State: Indiana
County: - Clinton
Acres: - 376.4
Listing Agent: John Mandeville
Phone: (765) 742-5900
Mobile Phone: (765) 426-9480
Fax: (877) 725-0982
Toll Free: 1-888-673-4919
Email:jmandeville@farmersnational.com
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Property description: - LAND AUCTION! Tuesday, April 13, 2010 • 10:30 AM EST at Clinton County Fairgrounds, 4-H Community Building • 1701 S Jackson Street, Frankfort, Indiana. Property location: two miles north of Colfax, Indiana, lying between County Road 800 W and County Road 880 W and lying north of US Highway 52.
Tract 1: 80.0± acres, 80.0± acres of tillable, highly productive farmland with road frontage. Tract 2: 100.0± acres, 91.8± acres of tillable, highly productive farmland with road frontage. Tract 3: 196.4± acres, 169.1± tillable acres, 20.5 acres of the 169.1 tillable acres are in CRP. The CRP contract will be assigned to the new owner and payment will be prorated.
2009-Acre Direct CCC Payment = $5,756 or $16.88 per tillable acre (whole farm information). The farm is enrolled in the Average Crop Revenue Election (ACRE) Program Irrevocable Election.
For additional information, contact John Mandeville, agent 1-888-673-4919, Ext. 4 or (765) 426-9480. |
Legal Description: - Lengthy, please contact FNC agent for complete legal description. |
Improvement Description: - Tract 3: two older tool sheds. One is 28’ wide by 48’ long with a pole foundation, a dirt floor, metal siding, and a metal roof. The other is 24’ wide by 36’ long with a pole foundation, a dirt floor, metal siding, and a metal roof. |
Cropland Acres:340.9
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Crop: Corn
Base: 166.4 acres
Yield: 126/144 bushels
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Crop: Soybeans
Base: 146.2 acres
Yield: 43/51 bushels
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CRP Acres: 20.5
CRP Expiration date: 9/30/2011
CRP Bid:$2,809.00
Annual Taxes: $8,022.00
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If you need additional property information or would like to arrange for showing, please contact the Listing Agent or call Farmers National Company at 1-800-346-2650.
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