LAND AUCTION - 478+/- ACRES OFFERED IN 5 TRACTS IN SOUTHERN LAKE CO., IN
Tue, Dec 6, 5:00 PM
Southeast of Lowell in southern Lake Co., Indiana
Owner: Lake County Trust Co. Trustee, Trust #s 3649 and 3932
5 PM CENTRAL TIME 478+/- Acres offered in 5 Tracts Productive Soils Irrigated Farmland Grain Storage 446.5+/- Tillable Acres Online Bidding Available
OPEN HOUSE/INSPECTION DATES
Tuesday, November 15 from 2-4 PM central
Meet a Schrader representative at the bins on Tract 3 - approximately
PROPERTY LOCATION
Tracts 1 - 3: From the Interstate 65 & St. Rd. 2 interchange east of Lowell, travel east on St. Rd. 2 for approximately 1-1/4 miles to Clay St/Range Line Rd. Turn south (right) and go approximately 1-1/2 miles to the property on the west side of the road.
Tracts 4 & 5: From the I65 & St. Rd. 2 interchange east of Lowell, travel west on St. Rd. 2 for approximately 3/4 mile t...
Tracts 4 & 5: From the I65 & St. Rd. 2 interchange east of Lowell, travel west on St. Rd. 2 for approximately 3/4 mile to Mississippi St. Turn south (left) on Mississippi St. and go approximately 4 miles to the property on the west side of the road.
AUCTION LOCATION
Range Line Presbyterian Church Hall, 18095 Clay Street, Hebron, IN 46341. From the Interstate 65 & St. Rd. 2 interchange east of Lowell, travel east on St. Rd. 2 for approximately 1-1/4 miles to Clay St. Turn north (left) on Clay St. and the auction site will be a short distance on your right.
TRACT DESCRIPTIONS
Tract 1: 253 ac Productive soils and mostly all tillable. This tract has an 8 tower Valley center pivot with a John Deere power unit. Frontage is on Clay St./Range Line Rd. This tract will also have an ingress/egress easement over part of the lane on Tract 2 as indicated on the tract map, if Tracts 1 and 2 sell separately. There is an old house/building site in the south part of this tract.
Tract 2: 113 ac Productive soils and mostly tillable. This tract has a six tower Valley center pivot. The irrigation pivot crosses over part of Tract 1. There will be an easement over Tract 1, to allow the pivot to make a full turn, if Tracts 1 and 2 sell separately. This tract has road frontage on and is accessed from Clay St./Range Line Rd.
Tract 3: 3 ac Three grain bins - 1 is 21 ft.H x 36 ft.D w/ aeration floor and fan, 2 are 22 ft. H x 36 ft.D w/ V type air tubes - need some floor repairs, also a small holding bin. Frontage and access from Clay St./Range Line Rd.
Tract 4: 89 ac Productive soils and all tillable except for the road and ditch. This tract has frontage on Mississippi St.
Tract 5: 20 ac Productive soils and all tillable except for the road and ditch. Investigate what you may be able to do with this tract. Continue crop production or maybe recreation or make wildlife habitat given the proximity to the Brown ditch. This tract has frontage on Mississippi St.
NOTE: The Property Record Cards from the County Assessor ft.s office show the acreage comprising auction tracts 4 & 5 being 124 acres. That acreage is not consistent with aerial mapping and a representative with the Lake County Auditor ft.s office states that the acreage is approximately 109 acres. Due to this variation, Tracts 4 & 5 will be surveyed prior to closing. See Terms and Conditions for additional information.
REAL ESTATE TAXES: 2015 payable 2016: TR 1 - 3 (6 Tax ID # ft.s): $13,284.18; TR 4 & 5 (2 Tax ID #s): $3,993.34 Clean Water Act Fees: TR 1 - 3: $212.40; TR 4 & 5: $70.80
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