OWNER
Bingham Family LLC
AUCTION LOCATION
Sealed Bid Submission:
Bids may be submitted online at Landproz.com via the bidding interface
or download the form below and delivered to: Landproz of Indiana, LLC 2414 E State Road 44, Shelbyville, IN 46176
Deadline: October 23, 2025, by 5:00 PM
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OPEN HOUSE DATES
By appointment or you may view independently.
PROPERTY DESCRIPTION
LandProz is pleased to present the Freetown Farms One Chance Sealed Bid auction in Jackson County, IN. These 211.26 +/- acres will be offered to the public to bid their price via LandProz AuctionCast at LandProz.com or via the One Chance Sealed Bid Form by mail, email or hand delivered. This land will be offered as 3 tracts that will be sold as individual tracts, or a whole farm option will be offered [which includes all 3 tracts].
An excellent opportunity awaits to own productive farmland or expand your investment portfolio! Conveniently located near Freetown, IN, this property is offered in multiple tracts with flexible purchase options:Tract 1 (T1): 68.86 ± deeded acres, Tract 2 (T2): 80 ± deeded acres, Tract 3 (T3): 62.5 ± deeded acres. Each tract offers its own unique characteristics, featuring gently rolling tillable acreage, mature trees, and the perfect setting for a future rural estate.
The nearby Hoosier National Forest provides endless recreational opportunities, while the property’s location offers quick access to Nashville, Seymour, and Columbus.
Possession of the tillable land will be granted after the 2025 crop harvest. Looking for a farm that can generate a high ROI? Negotiate a crop lease with a local farmer, and hunt this farm yourself, or lease out the hunting rights also!
Please contact LandProz Broker & Auction Manager Jared Baird at 812-620-7745 or LandProz Auctioneer Brian Owens at 812-528-7021 for more information regarding this auction.
Tract 1
• 68.76 +/- Deeded Acres
• 49.75 +/- Tillable Acres
• WAPI of 88.9
• Wellrock silt loam
• Gnawbone silt loam
• 15 miles - Seymour, IN
• 27 miles - Nashville, IN
• 22 miles - Columbus, IN
• Real Estate taxes $811.22
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Tract 2
• 80 +/- Deeded Acres
• 66.6 +/- Tillable Acres
• WAPI of 102.7
• Nabb silt loam
• Cincinnati silt loam
• 15 miles - Seymour, IN
• 27 miles - Nashville, IN
• 22 miles - Columbus, IN
• Real Estate taxes $1,341.84
Tract 3
• 62.5 +/- Deeded Acres
• 51.57 +/- Tillable Acres
• WAPI of 123
• Beanblossom silt loam
• Haymond silt loam
• 15 miles - Seymour, IN
• 27 miles - Nashville, IN
• 22 miles - Columbus, IN
• Real Estate taxes $1,663.28
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:
Seymour Abstract & Title - 218 West Second Street Seymour, Indiana
· Closing will occur on or about December 4, 2025.
· Seller will provide a standard Owner's Title Insurance Policy at Seller’s expense.
· Buyer and Seller will split the Closing Fee equally.
· 2025 Real estate taxes will be prorated to the date of closing.
· A 3% buyer’s premium will be added to the final purchase price at Closing.
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.
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.
