77.71+/- Acres of Cropland, Recreation Land, and Hunting Land in Rush County, IN

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Description

77.71+/- Acres of Cropland, Recreation Land, and Hunting Land in Rush County, IN

Thursday, October 1st at 6:30pm ET

201 N Main St., Rushville, IN 46173

Live webcast auction with online pre-bidding. 

Pre-bidding opens on Thursday, September 24th at 12:30pm ET. 

 

Owner: Farlow Farm

 

Auction Location: LandProz.com or in-person at: The 201 Building: 201 N Main St Rushville, IN 46173

 

Property Address: 7401 W US Highway 52 Arlington, IN 46104

 

LandProz is pleased to present the Farlow Farm Auction in Rush County, IN. This 77.71 +/- Acres will be offered to the public to bid their price via AuctionCast at LandProz.com.

 

An excellent opportunity awaits to own productive farmland, a great recreation site, or land with home-site potential! Situated at the edge of Arlington city limits, these tracts offer easy access to Rushville, Shelbyville, and Greenfield.  

 

Please contact LandProz Auction Manager Jared Baird at 812-620-7745 or LandProz Auctioneer Brian Owens at 812-528-7021 for more information regarding this auction. 

 

WHOLE FARM

-77.71 +/- Deeded Acres

-53.17 +/- Tillable Acres

-24.54 +/- Acres of Woods and Grass

-Prominent Soil Types: Crosby silt loam, Treaty silty clay loam, Sleeth silt loam, and Westland clay loam

-Crop Tenant/Possession: Available after harvest

-Open to Hunt & Fish after Closing

-Open to Farm in 2027

-Hwy 52 road frontage

-Located at the edge of Arlington city limits

-Excellent Hunting and fishing opportunities!

-Prime potential building sites!

-Real Estate taxes TBD

 

TRACT 1

Looking for a moderately sized parcel of premier Rush County farmland? Here it is! Boasting a WAPI score of 148 with primary soil types of Crosby silt loam and Treaty silty clay loam, this farm offers substantial agricultural potential. The tract also offers 920 ft +/- of Hwy 52 road frontage. 

-42.7 +/- Deeded Acres

-38.12 +/- Tillable Acres

-4.58 +/- Acres of Woods and Grass

-WAPI of 148

-Prominent Soil Types: Crosby silt loam and Treaty silty clay loam

-Crop Tenant/Possession: Available after harvest

-Open to Hunt & Fish after Closing

-Open to Farm in 2027

-Hwy 52 road frontage

-Located at the edge of Arlington city limits

-Excellent Hunting and fishing opportunities!

-Prime potential building sites!

-Real Estate taxes TBD

 

Aerial Map

Soils Map

Topographical Map

FEMA Report

 

TRACT 2

This tract has serious home-site potential! Bring your builder and imagine your brand new home nestled back among the trees. This tract also offers a diverse habitat for a recreational or hunting tract with a water source toward the southern boundary of the property. Multiple building structures add additional value to this property. 

-35.01 +/- Deeded Acres

-15.05 +/- Tillable Acres

-19.96 +/- Acres of Woods and Grass

-WAPI of 144.7

-Prominent Soil Types: Crosby silt loam and Treaty silty clay loam

-Crop Tenant/Possession: Available after harvest

-Open to Hunt & Fish after Closing

-Open to Farm in 2027

-Hwy 52 road frontage

-Located at the edge of Arlington city limits

-Excellent Hunting and fishing opportunities!

-Prime potential building sites!

-Real Estate taxes TBD

 

Aerial Map

Soils Map

Topographical Map

Wetlands Map

FEMA Report

 

TERMS

1. Auction Company

This real estate auction is conducted by Landproz of Indiana, LLC (“Auction Company”).

 

2. Bidding Format

All bidding will be on a total dollar basis, unless otherwise indicated by the Auctioneer during the auction.

 

3. Acreage and Survey Adjustments

The property is being sold based on deeded acres, which are subject to change due to survey results or other factors. In the event of such change, the total sales price will be adjusted accordingly.

-If the property is sold in individual tracts and a survey is required, the Seller will cover the cost of the survey.

-A Landproz representative may place a marker flag where the boundary lines should be. This is not a final survey and is for viewing purposes only. The final survey points are subject to change prior to closing and any changes will be reflected in the final purchase agreement. 

 

4. Closing Details

-Closing will take place at:

Near North Title Group, Shelbyville, Indiana

-Closing will occur on or about November 13, 2026.

-Seller will provide a standard Owner's Title Insurance Policy at Seller’s expense.

-Buyer and Seller will split the Closing Fee equally.

-2027 Real estate taxes will be prorated to the date of closing.

-A maintenance agreement will be prepared on behalf of the Seller for drainage tile on Tracts 1 and 2, and recorded at Closing, if any of these tracts are sold separately. 

-There will be a 3% Buyer’s Premium added to the final Purchase Price. 

 

5. Deposit and Payment Terms

-A 10% (non-refundable) earnest money deposit is due on each tract the day of the auction.

-The balance of the purchase price is due at closing.

 

6. Bidder Eligibility and Conduct

-The Seller and Auction Company reserve the right to accept or reject any and all bids at their sole discretion.

-The Auction Company and Seller reserve the right to preclude any person from bidding if there is any concern regarding that person’s credentials, qualifications, or ability to enter into a binding contract.

 

7. Contingencies

-The sale is not contingent upon Buyer’s ability to obtain financing, conduct an inspection, complete an appraisal, or fulfill any other conditions.

-All property is sold “AS IS, WHERE IS” with no warranties or guarantees expressed or implied.

 

8. Announcements

-Any announcements made on the day of the auction by the Auctioneer will take precedence over any previously published or advertised material.

-LandProz, and its representatives are exclusive agents of the Seller.

 

9. Property Information

-All information provided by the Auction Company or its representatives was obtained from sources believed to be reliable; however, no guarantees or warranties are made by the Auction Company or the Seller regarding its accuracy.

-Buyers are encouraged to conduct their own due diligence prior to bidding.

Auctioneer

LandProz - Jared Baird

111 East Clark Street
Albert Lea, MN

View Profile

Phone Number
812-620-7745
Website
landproz.com/
View Auctioneer's Listings

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