#2609 Peggs Auction - Live With Online Bidding

   Add to Calendar 2024-02-08 18:30:00 2024-02-08 18:30:00 America/New_York Land Proz Auction Sections 13 & 14 of Franklin TWP - Offered as 7 Tracts - 198 +/- Tillable Acres - Building Sites - S of New Castle, IN Sections 13 & 14 of Franklin TWP - Offered as 7 Tracts - 198 +/- Tillable Acres - Building Sites - S of New Castle, IN Brian Owens brianowens@landproz.com
Under Contract
Type:
Under Contract
Acres:
319.50
County:
Henry County
State:
IN
Date:
Thursday, February 8, 2024 6:30 pm EST
 
Eric Richards
LandProz Broker / Auctioneer / Farm Manager - IN
ericrichards@landproz.com
317-557-1376
Agent Profile
 
Brian Owens
LandProz Auctioneer - IN
brianowens@landproz.com
812-528-7021
Agent Profile
319.50 acres +/-
Henry County, IN
Date: Thursday, February 8, 2024 6:30 pm EST

 

 

 

OWNER

Kevin Peggs & Stacy Peggs

 

AUCTION LOCATION

The Gathering

902 E Main Street, Lewisville IN 47352

 

 

 

PROPERTY DESCRIPTION

LandProz is pleased to present the Kevin Peggs & Stacy Peggs farm auction in Henry County, IN. This farm will be offered to the public to bid their price via LandProz.com. Online bidding will open on February 5, 2024.

Auction of prime agricultural land, nestled in the heart of Franklin Township, Henry County. With a magnificent expanse of 319.5 +/- acres, this property is poised to captivate the hearts of prospective buyers and investors alike. Scheduled for auction on February 8th, 2024, at 6:30 PM, this unparalleled opportunity combines the charm of rural living with the promise of versatile land use.

The property comprises seven distinct tracts, each offering unique features and possibilities. All tract acres will be precisely surveyed after the auction, providing an accurate determination of size and property taxes.

 

Please contact LandProz Broker & Auctioneer Eric Richards at 317-557-1376 or LandProz Auctioneer Brian Owens at 812-528-7021 for more information regarding this property.

 

As the auction date approaches, anticipation builds for the chance to claim a piece of this extraordinary property, offering a harmonious blend of productive land, natural beauty, and rural living. Don't miss your opportunity to be part of this landmark event on February 8th, 2024.

 

TRACT 1

Enveloped by woods, this tract offers secluded living on a dead-end road, boasting evidence of wildlife, particularly deer.

• 16 +/- Acres

• Woods

• Wildlife

• Real Estate taxes $TBD

 

TRACT 2

An expansive tract with 167.84 tillable acres of mostly Crosby silt loam. This productive land, featuring a 143 weighted average production index, offers high-yielding potential for corn and soybeans. With 10 +/- acres of hay already planted and efficient road frontage, it is an ideal space for efficient row crop farming.

        

• 171 +/- Acres

• 167.84 +/- Tillable Acres

• WAPI of 143

• Efficient row crop farming

• High-yielding potential

• 10 +/- Acres of Hay

• Real Estate taxes $TBD

 

TRACT 3

This tract combines pasture or a potential building site with small rolling hills, providing excellent terrain for a beautiful building lot. Well-fenced for livestock, it epitomizes the opportunity of rural living.

• 14.5 +/- Acres

• Pasture

• Potential building site

• Fenced for livestock

• Real Estate taxes $TBD

 

TRACT 4

Comprising pasture and a future building site with good fencing, this tract offers road frontage on both 650 South and 100 East, making it an ideal location for a new home in a rural setting.

• 17 +/- Acres

• Pasture

• Potential building site

• Real Estate taxes $TBD

 

TRACT 5

A peaceful blend of pasture, woods, and building site, featuring good fencing for livestock. With rolling terrain and pastured woods, this tract offers an array of small trees and elevation changes suitable for potential building sites.

• 13 +/- Acres

• Pasture

• Woods

• Potential building sites

• Real Estate taxes $TBD

 

TRACT 6

A combination of highly productive soils, tillable land, and a well-maintained pasture and feedlot. Equipped with a Quonset hut, a pole barn, and a feed bunk; this tract is a farming haven with 30.19 +/- tillable acres. Boasting a 158 weighted production average index. Remaining acres are in pasture and feedlot.

        

• 76 +/- Acres

• 30.19 +/- Tillable Acres

• WAPI of 158

• 40' x 80' Quonset

• 50' x 80' Pole barn

• Pasture

• Feedlot

• Real Estate taxes $TBD

 

TRACT 7

Predominantly wooded, with a serene 1-acre clearing overlooking the creek bottom, this tract presents a fantastic building site. With a 40’ elevation change, mixed timber, and abundant wildlife evidence, it is a nature lover's paradise.

• 12 +/- Acres

• Woods

• Potential building site

• Abundant wildlife

• Real Estate taxes $TBD

 

TERMS

10% [non-refundable] down on each tract, the day of the sale. Balance is due at closing, on or about March 22, 2024. Any statements made the day of the auction take precedence over previous materials. Bidding for this farm will be total dollars. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy. Final Purchase Price = [Total Final Bid/Advertised Acres] x Surveyed Acres. The auction will be conducted by the tract, with possession granted at closing.

 

 

 

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