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Here is your opportunity for a highly productive farm with 186 +/- total acres with 144.4 +/- tillable acres. If you're looking for a solid land investment or to expand your current operations, rental or cash rent income, a 1031 exchange possibility, or simply diversity for your wealth portfolio, this would be an excellent option. This farm has highly productive soils with a high percentage of Sylvan Silt Loam. The property is in a great location within the county and only 4 miles north of Vincennes. Tract 1 also has great development potential.

Being sold with tenant rights for 2022 growing season. Buyer will receive rights to farm for the 2023 growing season. Seller to retain all cash rents for the 2022 growing season.

We will offer at Auction 186 acres in 2 tracts utilizing the multi parcel method.

Tract 1 - 75.6 Acres +/- with 61 acres tillable. Located on McCormick Road just north of Bruceville Road, Vincennes, IN.

Tract 2 - 110.4 Acres +/- with 83.43 acres tillable. Located directly north of address 2996 North Church Road, Vincennes IN.

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    Buyer to place a 10% non-refundable down payment to the auction companies escrow account at auction closing. Balance due at closing. Bidding is not contingent upon inspection or financing. Closing of this transaction will be by August 12, 2022 at Hedden Abstract, Vincennes, IN. Buyer is responsible for taxes due and payable in 2023 and taxes thereafter. Possession will be at closing. The closing fee charged by the title company will be split 50/50 between the buyer and seller. The buyer will be responsible for any costs associated with obtaining funds to close the transaction. Any costs associated with the provision of title insurance and title search will be at the expense of the seller. Seller will provide the buyer with a boundary survey. Buyer agrees to sign a real estate purchase agreement embodying these terms within 30 minutes of auction close. Statements made day of sale take precedence over printed material. The seller is motivated to sell but does reserve the right to accept or reject any bid. To review the contract prior to the auction please contact Heath Klein @ 812-291-2202