The Moore & Nichols Trust Farm Auction
Auction Property
Property Overview Details
SOLD
FOR $12,000/acre
County:
Newton, IN
Acres:
80 +/-
Type:
Farmland
Listing price:
Auction
Contact Information
John Tammen -
125 Mooney Drive, Suite 4
Bourbonnais, Illinois
Phone: 815-936-8976
Email: John Tammen
LAND AUCTION – 02/02/2021
This highly productive and high percentage tillable western Indiana farm is located 1/2 mile east of Brook, Indiana on Route 16 in Newton County. It is a flat, black tract with a five year average of 212 on corn and 66.2 bushels/acre on soybeans. One building, a 24' grain bin exists on the southwest corner of this farm. The seller will retain the 2020 crop and government payments and terminate the existing crop share lease resulting in open lease rights for 2021. All mineral rights will be transferred to the buyer. Sealed bids are due to the First Mid Ag Services Bloomington office before noon (CST) on January 29, 2021. The top ten bidders will be invited to a live auction on February 2, 2021 at 10 am (CST)/11am (Eastern). Please contact Broker John Tammen at (815) 936-8976 or jtammen@firstmid.com for additional information.
Due to COVID-19 precautions sealed bids will be due to our Bourbonnais, IL office at 12:00 Noon on January 29, 2021. Similar to most of our auctions in the past, we are asking bidders to complete a sealed bid form before the auction to register to bid. In the current environment we have to limit the number of attendees. As a result, the top ten sealed bids will be invited to a private auction on February 2, 2021 where they will be afforded the opportunity to raise bids to determine a final high bidder. Qualified Bidders will have the option of attending the private auction in person or remotely via our online bidding platform. If you have any questions regarding the process, please contact Auctioneer, David Klein at 800-532-5263.
Disclaimer: The information provided is believed to be accurate and representative. It is subject to verification and no liability for error or omissions is assumed. There are no warranties, expressed or implied, as to the information herein contained, and it is recommended that all buyers make an independent inspection of the property. Plat Map reprinted with permission of Rockford Map Publishers, Inc.
