Auction Information
TRACTS 1 & 2 SOLD FOR $1,000,000
TRACT 3: SOLD FOR $140,000
106+/- ACRES OF HIGH QUALITY CROPLAND & BUILDING SITES OFFERED IN 3 TRACTS!
Tuesday, April 25, 2023 at 6:30 pm
Auction Location: Urbana Lions Club - 44 Half St., Urbana, IN
Tracts 1&2: Wabash Co. 2 miles NE of Wabash at intersection of 200 N & 100 E
Tract 3: Huntington Co. 2 miles NW of Andrews at intersection of SR 105 & Maple Grove Rd.
PENDING!
This is a Joint Venture with Mossy Oak Properties.
Bid on each tract individually, in combination, or for the entirety! Bid Live In-Person or Online!
TRACT 1: 10+/- Acres of Quality Cropland! Potential Building Site offers an area to build your forever home! (Wabash County)
TRACT 2: 83+/- Acres of Quality Cropland! (Wabash County) Property is generating a $250/acre income for the 86.9+/- tillable acres ($21,725) in Wabash County. The 4.1 acres of waterways/CRP areas generate an income of $974 a year and the program will be up for renewal on September 30, 2024.
TRACT 3: 13+/- Acres of Cropland! Potential Building Site! (Huntington County) This property generates an income of $250/acre as well ($3,250).
Total overall income for all properties combined is $25,949 approximately.
Majority soil types show Blount loam, Pewamo silty clay loam, Blount loam.
Any Questions? Call Auction Manager Brecken Kennedy at 260.578.7661 or the Office at 260.982.0238
Terms & Conditions
TERMS: 10% down day of the auction with the balance at closing. The Sellers will provide a Warranty Deed at closing. The Sellers will provide an Owner’s Title Insurance Policy. If survey is required for clear title, the costs shall be split 50/50 by the Seller and Buyer(s). Metzger Property reserves the right to charge a buyer's premium and that premium collected shall be retained by Metzger Property Services, LLC.
RE BROKERS: Must Register Clients 24 hrs. in advance of the auction & be present with them at any & all showing they attend including the auction to receive compensation. Client Registration form is in docs. Seller has the right to accept bids prior to auction.
Auction Photos
Tracts 1&2
Tract 3