• 962+/- Acres offered in 6 Tracts from 3+/- to 312+/- Acres • Attention Operators & Investors! • Large Tracts • Productive Cropland • Irrigated Tracts • 132,500+/- Bushels of Grain Storage • Some Pattern Tile • 47+/- Acre Wooded Tract • Pre-Closing Hunting Privileges Available • Cass & White Counties, Indiana • 15+/- Miles Northwest of Logansport • ONLINE BIDDING AVAILABLE You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Schrader Auction Company at 800-451-2709.
OPEN HOUSE/INSPECTION DATES
Tuesday, September 29 from 3-5pm Eastern
Wednesday, October 14 from 3-5 pm Eastern
Meet a Schrader Representative at Tract 4 off 1000 N (Cass/Pulaski County line)
PROPERTY LOCATION
From Royal Center at the intersection of U.S. 35 and State Road 16, go west on St. Rd. 16 for 2.25 miles to County Road 900 W. Go north on 900 W approximately 1 mile to Tract 1 on the west side of the road. Tract 2 is on the north side of Tract 1. From Tract 2 continue north on 900 W approximately 1.5 miles to 1000 N. Turn west on 1000 N and go 1 mile to 1000 W. Tract 3 is at the southwest corner of 1000 N and 1000 W. From there go south approximately .6 mile to Tract 6, or from 1000 N and 1000 W continue west on 1000 N to Tracts 4 & 5. County Road 1000 N turns into 1100 N in White County.
From Buffalo at the intersection of St. Rd. 39 and St. Rd. 16 go east on St. Rd. 16 4.5 miles to the east junction of St. Rds. 16 and 119. Follow curve to the north on St. Rd. 119 and go 2 miles to County Road 1100 N. Go East on 1100 N approximately 3.25 miles and Tract 5 starts on the south side of the road. Continue east to Tracts 3 & 4. County Road 1100 N turns into 1000 N in Cass County. At the corner of 1000 N and 1000 W go south on 1000 W approximately .6 miles to Tract 6, or to reach Tracts 1 and 2, continue east on 1000 N for 1 mile to 900 W. Go south on 900 W approximately 1.5 miles to Tracts 1 and 2 on the west side of the road.
AUCTION LOCATION
Rogers Event Center, 109 W. North St. Royal Center, IN. On U.S. 35, at Community State Bank, go west one block on North St. to 109 W. North St.
TRACT DESCRIPTIONS
Tract 1: 252.00± ac Productive cropland with a high percent being Rensselaer loam. 210.95 tillable acres in one field. Also 29.5+/- acres in CRP along the outside ditch banks. The CRP payment is $295.18 per acre and the CRP contract expires 9/30/2026. This tract has frontage on County Road 900 W.
Tract 2: 113.00± ac Productive cropland with a high percent of Rensselaer loam. 92.54 tillable acres in one field. Also 17.4 acres of CRP along ditch banks on the south and west sides. The CRP payment is $295.18 per acre and the CRP contract expires 9/30/2026. This tract has frontage on County Road 900 W.
Tract 3: 312.00± ac Nearly all tillable productive cropland with a 9 tower center pivot and a 3 tower center pivot. The 9 tower center pivot currently crosses a 10+/- acre neighboring property which is not part of this auction. The buyer of Tract 3 would need to install stops for the pivot, if arrangements can not be worked out to cross the neighboring property. Most of the south half and northwest part of this tract has been pattern tiled. Tract 3 has frontage on County Roads 1000 W and 1000 N (Cass/Pulaski County line).
Tract 4: 3.00± ac 132,500+/- BUSHELS OF GRAIN STORAGE.
(5) 10 ring X 36 ft. D (Est. 23,500 bushels each) storage bins with aerated floors, fans and top vents. (1) 6 ring X 36 ft. D (Est. 15,000 bushels) bin with a dryer system. There is a 2,000+/- bushel overhead hopper bin for loadout. Also a Bruneumatic pneumatic system. The southeast storage bin has a dent at the two top rings. This tract has frontage on County Road 1000 N.
Tract 5: 235.00± ac Mostly all tillable productive cropland with two 5 tower center pivots. There are 3.9+/- acres of CRP in the southwest corner of this tract. The CRP payment is $1,132 per year ($290.25 per acre) and the CRP contract expires 9/30/2025. This tract has frontage on County Road 1100 N (White/Pulaski County line). The pumps for the irrigation system on Tract 5, as well as Tract 3, are located on Tract 5. Water for the pivots is pulled from Indian Creek on the north side of County Road 1100 N. The two pumps on this Tract are; a 30 hp (for the two 5 tower pivots) and a 50 hp (for the 9 and 3 tower pivots), both electric motors. There is one meter at the 3 phase pole.
Tract 6: 47.00± ac Mostly all wooded. Excellent opportunity for a secluded deer and turkey hunting retreat. There are also 3.7+/- acres of CRP along a portion of the northern and eastern part of the property. The CRP payment is $894.00 per year ($241.62 per acre) and the CRP contract expires 9/30/23. This tract will have 50 ft.+/- of road frontage along 1000 W. There is a foot bridge across the ditch to access the woods.
If auction tracts 3 and 6 do not sell together, the buyer of Tract 3 will have an easement across Tract 6 for drainage to the ditch near the northern boundary on Tract 6. Pre-closing hunting privileges available. Contact auction managers for details.
TAXES: Tracts 1 & 2:
2019 Real estate taxes payable 2020
(2 Tax Parcel #s) - $10,165.68
Drainage assessments - $1,556.11
Tracts 3, 4 & 6:
2019 Real estate taxes payable 2020
(8 Tax parcel #s) - $8,849.48
Drainage assessments - $616.64
Tract 5:
2019 Real estate taxes payable 2020
(2 Tax Parcel #s) - $3,660.08
Drainage assessments - $494.28
FSA Information:
DCP Cropland 894.36 Acres
Effective DCP Cropland 839.86 acres
CRP Acres 54.5 acres
Corn Base Acres 638.73 PLC Yield 158
Soybeans Base Acres 183.47 PLC Yield 48
NOTE - IRRIGATION INFORMATION: If auction Tracts 3 and 5 are not sold in the same combination, the buyer of Tract 3 will have an easement over Tract 5 for irrigation equipment in the location of the existing irrigation equipment including pump, water lines & electric lines. If auction Tracts 3 and 5 are not sold in combination, it will be the responsibility and expense of the buyer of Tract 3 to install a new meter to separate the two pumps.
Also, if auction Tracts 3 and 4 are not sold in the same combination, the buyer of Tract 3 will have an easement over Tract 4 to allow the overhang of the 9 tower center pivot to cross and spray over the southeast corner of Tract 4.
