This is an opportunity to buy a beautiful, custom-built and well-appointed country home with an additional detached garage in a very quiet and peaceful area, along with the option of purchasing additional highly productive tillable farm acres. Tract 1 contains 34.98 acres of CRP providing an incredible marsh and native plants for waterfowl and other wildlife. This home is a must see, and buyers are highly encouraged to inspect the home during one of the two open house opportunities. Tract 1 - 76.0 acres± (subject to survey) FSA records indicate 71.71 tillable acres - 34.98 acres in CP23 CRP paying $300/acre, expires 9/30/38 - Waterfowl hunter's dream! Includes electric service to operate existing water level control pump The balance of the acres is in a 2.4-acre pond and a drainage ditch, with trees and brush along the south and east borders NCCPI (average): 80.4 Property taxes are approx. $2,395.00/year Access is from the west from South County Road 550 East Tract 2 - 38.0 acres± (subject to survey) FSA records indicate 32.18 tillable acres The balance of the acres is a drainage ditch and brush along the north and west borders NCCPI (average): 73.9 Property taxes are approx. $1,197.00/year Access is from the south from County Road East 1000 South Tract 3 - 2.0 acres± Physical Address: 5729 East 1000 South, Walkerton, Indiana 46574 1 3/4 story home originally built in 1979 with major additions and renovations in 2005 Home features 4 bedrooms and 2 full baths, and one 3/4 bath (3,008 sq. ft.) Completely handicap accessible All appliances remain with the home Improved with 24' x 36' detached garage built in 1989 Evergreen privacy borders accent the home and yard Property taxes are approx. $1,865.00/year Open Houses: Friday, September 4 - 3:00 PM - 6:00 PM EST; 2:00 PM-5:00 PM CST Saturday, September 12 - 10:00 AM - 2:00 PM EST; 9:00 AM - 1:00 PM CST Methods and Terms: Tracts 1 & 2 will be sold on a price per acre basis, based on surveyed acres through the marketing method of "Buyer's Choice", whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be sold. Tract 3 will be sold last for a lump sum total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing in approximately 30 days on or before October 16, 2026. Seller will provide title insurance in the full amount of the purchase price. The seller will pay the 2026 taxes, due and payable in 2027, which will be prorated to the day of closing and held in escrow. Tract 1 & Tract 2 sell subject to a lease agreement for the 2026 & 2027 crop season, contact auction manager for details. Possession will be given at closing for Tract 3. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold "AS IS".
