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Auction680 Acres
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Fountaintown, IN 46130 - Shelby County

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Property ID 16141459

Auction Information

#2458 John Alan Thomas Trust
M65V+57, Fountaintown, IN
Start Date: 02/11/2023, 10:30 AM
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#2458 John Alan Thomas Trust

Description

OWNER: John Alan Thomas Trust

AUCTION LOCATION

Horseshoe Casino

4300 N Michigan Road, Shelbyville, IN 46176

PROPERTY DESCRIPTION

LandProz is proud to present the John Alan Thomas Farm in Shelby County, IN for auction. Offered as 6 tracts, North tracts 1-3, South tracts 4-6, and whole farm.

This is a hard to find, 93% tillable farm, consisting of 680 +/- total acres; of which 635 +/- are tillable. This ground provides highly efficient farming with big yields. Located between the highest price corn and soybean markets in Indiana! Bunge North America for soybeans is only 6.5 miles away from the farm, and Poet Ethanol is 10.5 miles away for corn.

The road frontage is incredible with over 3 miles spread across the 6 tracts. Leases and possession are open for the 2023 crop year and beyond.

Please contact LandProz Broker Eric Richards at 317-557-1376 for more information about this property.

TRACT 1

173 +/- Deeded Acres

170.46 +/- Tillable Acres

WAPI of 143.5

1.5 +/- Miles of road frontage

Close proximity to the best grain markets

22 Miles to Indianapolis

9 Miles to Shelbyville

Real Estate taxes $7,472 [whole farm]

TRACT 2

143 +/- Deeded Acres

138.45 +/- Tillable Acres

WAPI of 142.7

0.7 +/- Miles of road frontage

Close proximity to the best grain markets

22 Miles to Indianapolis

9 Miles to Shelbyville

Real Estate taxes $7,472 [whole farm]

TRACT 3

51 +/- Deeded Acres

49.36 +/- Tillable Acres

WAPI of 141.5

Close proximity to the best grain markets

22 Miles to Indianapolis

9 Miles to Shelbyville

Real Estate taxes $7,472 [whole farm]

TRACT 4

85 +/- Deeded Acres

76.33 +/- Tillable Acres

WAPI of 125.6

Well maintained, functional, older grain 20,000 bushel bin

Efficient farming operations

4 Miles to Morristown

Real Estate taxes $7,472 [whole farm]

TRACT 5

105 +/- Deeded Acres

100.5 +/- Tillable Acres

WAPI of 120.2

3 [non-functioning] Older grain bins

Efficient farming operations

4 Miles to Morristown

Real Estate taxes $7,472 [whole farm]

TRACT 6

123 +/- Deeded Acres

101.17 +/- Tillable Acres

WAPI of 113.6

Efficient farming operations

4 Miles to Morristown

Real Estate taxes $7,472 [whole farm]

Please contact LandProz Broker Eric Richards at 317-557-1376 for more information about this property.

TERMS

10% [non-refundable] down on each tract the day of the auction. Balance is due at closing, on or about March 28, 2023. Any statements made the day of the auction take precedence over previous materials. Bidding for this farm will be total dollars. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.

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Environmental Factors

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Source:First Street

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Listing last updated: April 3, 2023 at 1:13 PM
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