OWNERS
Eastburn Brothers Farm
PROPERTY ADDRESS
4900 Watson Road, Greenwood IN 46143
OPEN HOUSE
Sunday January 2, 2022 from 11am-2pm
&
Sunday January 9, 2022 from 11am-2pm
AUCTION LOCATION
Hilton Garden Inn
5255 Noggle Way, Indianapolis, IN 46237
PROPERTY DESCRIPTION
A rare opportunity to own a working grain and hog farm located on the fringe of development land. Large warehouses, sprawling housing additions, shopping and many other amenities are just a short drive from this farm.
Manure and fertilizer applications give the tillable land top nutrient levels. This highly productive land can produce yields of 250 bushel per acre for corn and 70 bushel per acre soybeans. With minimal investment to the barns, you could be up and running a full farrowing operation. The grain facility has plenty of capacity to handle the crop that comes in from the tillable land. The MRS Pork Eastburn Brothers Farm lays close to the best soybean and corn markets in the state. Bunge Morristown and Poet Ethanol Shelbyville are both within 25 miles. 392 +/- Deeded acres with 342+/- being tillable, makes this farm 87% tillable. Also included are 2 homes.
Please contact LandProz of Indiana broker Eric Richards at 317-557-1376, Broker Andrew Fansler at 317-557-0577 or Auctioneer Chad Carder at 812-662-1098 for more information.
TRACT 1
66+/ acres deeded, 65 +/- acres tillable with a weighted average production index [WAPI] of 153.8. Road frontage includes 1,010 ft. on Franklin Road and 2,050 ft. on Watson Road. This tract will require a survey if there is a different buyer for tracts 2 and 3, which will be provided by seller if necessary.
• 66 +/- Deeded Acres
• 65+/- Tillable Acres
• WAPI of 153.8
TRACT 2
The heart of the farm is tract 2. All operations were centered from this farmstead.
The home is 2,012 sq. ft. with 3 bedrooms and 2 full bathrooms. The large family room has a wood burning stove. A large back deck has a great view of the farm operation activities.
The grain facility has 3 - 12,000-bushel bins, 2 - 7,000-bushel bins, 1 - 50,000-bushel bin and 1 - 2,400-bushel overhead bin. For a total of 102,400 bushels capacity. There is a well-functioning farm fan dryer with a 5,000 bushel per hour receiving leg and a 2,500 bushel per hour dry leg. There is a 1,500-bushel overhead bin that is linked to the feed mill.
The hog operation has the capacity to run a 1,250 sow farrow to wean with an internal multiplier. There are 480 gestation crates and 237 farrowing crates. There are also 3½ barns of sow pens. All the barns have an overhead feeding and watering system. There are 12 different feed bins that hold a total of 55 tons of feed. The fully operational feed mill is set up to grind and mix feed. There is also 2- 20-ton bean meal bins and 2- 10-ton ingredient bins attached to the feed mixing building.
Additional buildings include a 64’ X 36’ open face barn and a 60’ X 120’ pole barn of which 60’ X 40’ is a heated, insulated shop. The shop has concrete floor, work bench and a loft.
This tract will require a survey if there is a different buyer for tracts 1 and 3, which will be provided by seller if necessary.
• 9.25+/- Deeded Acres
• 3 Bedroom / 2 Bath Home
• Grain facility with 102,400 bushel capacity
• Hog Operation can run 1,250 sow farrow
• 480 Gestation crates
• 237 Farrowing crates
• 12 Feed bins
• 64' x 36' Open face barn
• 60' x 120' Pole bar [with heated shop [60' x 40']
TRACT 3
40 +/- acres deeded, 36 +/- acres tillable. 155.6 weighted average production index [WAPI] with 1,100 ft of road frontage on Watson Road and 1,130 ft of road frontage on Possum Hollow Road. This tract will require a survey if there is a different buyer for tract 1 and 2, which will be provided by seller if necessary.
• 40+/- Deeded Acres
• 36+/- Tillable Acres
• WAPI of 155.6
TRACT 4
37 +/- acres deeded, 35 +/- acres tillable. 151.5 weighted average production index [WAPI] with 1,050 ft of road frontage on Watson Road and 1,350 ft of road frontage on Possum Hollow Road.
• 37+/- Deeded Acres
• 35+/- Tillable Acres
• WAPI of 151.5
TRACT 5
2.7+/- deeded acres with a 1,512 sq. ft home. Built in the 1950s, this home has some updates and has been well maintained. There are 2 full bathrooms and 2 bedroom, dining room, living room, family room and a nursery. Heat pump with LP back up. There is a concrete front porch and a large wooded back deck. There is 30’ X 26’ 2-car garage block building, a 24’ X 36’ out building and a 10’ X 20’ chicken coop. House has central air, septic, and well water.
• 2.7+/- Deeded Acres
• 3 Bedroom / 2 Bathroom
• Concrete front porch
• Large wooden deck
• 2-Car garage
• Chicken Coop
TRACT 6
78 +/- acres deeded, 70 +/- acres tillable. 140.5 weighted average production index [WAPI] with 2,275 ft of road frontage on Watson Road and 1,500 ft of road frontage on Possum Hollow Road.
• 78 +/- Deeded Acres
• 70 +/- Tillable Acres
• WAPI of 140.5
• Zoned residential
• 48 x 60 hog barn
TRACT 7
44 +/- acres deeded, 41 +/- acres tillable. 147.8 weighted average production index [WAPI] with 1,020 ft of road frontage on Watson Road and 1,900 ft of road frontage on Possum Hollow Road.
• 44+/- Deeded Acres
• 41+/- Tillable Acres
• WAPI of 147.8
• Zoned residential
TRACT 8
113 +/- acres deeded, 90 +/- acres tillable. 133.5 weighted average production index [WAPI] with 1,200 ft of road frontage on Franklin Road and 1,566 ft of road frontage on Possum Hollow Road. This tract also has a 30’ X 60’ open face barn on it.
• 113+/- Deeded Acres
• 90+/- Tillable Acres
• WAPI of 133.5
• 30' x 60' Open-face barn
• Zoned residential
TERMS
10% down [non-refundable] on each tract the day of the sale. Balance due at closing, on or before March 1, 2022. Any statement made the day of the auction takes precedence over previous material. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor seller guarantees its accuracy.
