Featured Auction: 525 +/- Acres Productive Farmland in South Bend, Indiana

525 Acres Farmland in Indiana

The Schrader Real Estate & Auction Company team is proud to offer professional auction marketing services. Their principals are certified auctioneers and real estate brokers and each holds professional designations, including membership in the Certified Auctioneers Institute (CAI). The comprehensive marketing services Schrader Auction Company provide and their proven record of exceeding clients’ expectations is what sets them apart.

On Wednesday, July 23rd, at 1:00 PM EDT, bidders will assemble for the auction of 525 +/- acres of productive farmland in St. Joseph County, Indiana. Located in South Bend, near Lakeville, this property features highly productive soils, a state-of-the-art grain system, and is a great recreational/hunting tract. The property will be offered in 8 tracts, ranging in size from 5.5 +/- acres to 148.5 +/- acres.

Tract Descriptions: (for complete descriptions visit their website)

Tract 1: 111.7 +/- acres mostly tillable productive farmland with excellent soil types.

Tract 2: 148.5 +/- acres with approximately 128 acres of productive tillable land. Large contiguous field; Contact Schrader Auction for information on installation of field tile in the past several years.

Tract 3: 128 +/- acres with approximately 106 acres of productive tillable farmland. Soil type is great for corn and soybean yields.

Tract 4: 5.5 +/- acres with new 186,000 bushel grain handling system including 2 Brock 48 ft. diameter 15-ring grain bins (65,616 bu. ea.), 1 Brock 36 ft. diameter 15-ring grain bin (36,007 bu.), Brock 24 ft. diameter 13-ring hopper bin holding 15,620 bu., 1 Brock 15 ft. diameter 7-ring hopper bin holding (3,155 bu.), 15 ft. structural stand for loadout bin – 16 ft. clear height, 1 Honeyville model 54-36 bucket elevator, 6,000 bph with 129 ft. discharge height, 1 Honeyville model 43-24 bucket elevator 3,000 bph with 129 ft. discharge height, Meyer model 1400 S-tower dryer, pit area includes Honeyville 16 in. curved incline drag conveyor 6,000 bph, Honeyville gentle-flow drag conveyors plus 3D level scanner, 3D mapping visualization software. State of the art grain system built in 2010 plus a 17 ft. x 26 ft. office building and 40 ft. x 80 ft. pole building with concrete floor.

Tract 5: 29 +/- acres with 26 acres of productive tillable land. Excellent road frontage on Osborne Rd; ideal for mini rural estate.

Tract 6: 55 +/- acres of productive tillable farmland. Great soils that are easy to farm with an excellent tilth factor. Road frontage on Maple & Osborne.

Tract 7: 39 +/- acres of mixed hardwood trees and marshy wildlife habitat area. This tract is approximately 50/50 between mixed hardwood trees and marshy wildlife habitat area. Excellent hunting or recreational tract with 50 ft. of road frontage from Maple Road.

Tract 8: 8.5 +/- acre Swing Tract This tract must be purchased in combination with Tract #7 or Tract #6. If purchased with Tract #7 this could be a potential building site consisting of 47.5 acres with scenic woodland and wildlife habitat area, or if combined with Tract #6 for a total of 63.5 acres of productive tillable farm land.

Buyers will have the option of bidding on these tracts at the auction site, or live online at www.schraderauction.com. Bidders must pre-register one week in advance of the auction. For details contact Kevin Jordan at 800-451-2709. The site of the upcoming auction will be Hoosier Racing Tire Corporate Headquarters, 65465 U.S. 31, Lakeville, IN.

The property is available for inspection at Open House and bidders are strongly encouraged to do so prior to the sale. Two have been scheduled: Thursday, June 26th from 10AM-12PM, Wednesday, July 9th from 10AM-12PM. Contact Schrader Real Estate and Auction Co and visit their website for details, terms & conditions, disclosures, maps, and other information.

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