L-2500377 | 120.64 +/- Acres, Clay County, Indiana

Simulcast Auction!The live auction will be held on Tuesday, September 29, 2025, at 6:00 PM EDT, at the Greene County Community Conference Center, 4503 W State Rd 54, Bloomfield, IN 47424. Online bidding will begin on Tuesday, July 21, 2025, at 8:00 AM and close at the end of the live event.This is an excellent opportunity to establish a thriving farm or enhance your existing operation with these extraordinary properties! With productive, fertile soils and vibrant timberland, you have the resources to cultivate success. Imagine having private hunting grounds right at your doorstepa paradise for outdoor enthusiasts. Envision building your charming country residence amidst this stunning landscape, where nature and potential come together. This is not just land; it's a chance to turn your dreams into reality and create a captivating lifestyle. Don't let this remarkable opportunity pass you byclaim your slice of paradise today!Please note that the tillable farmland on Tracts 3, 4, and 5 is subject to a cropland lease dated January 1, 2023, through December 31, 2026. The lease terms are $10,200 per year in cash rent, with $5,100 due on April 1 and $5,100 due on November 1 each year. The buyer of each of these tracts will be assigned their portion of the lease. The 2025 rental payments will be prorated to the date of closing. Tract 3 will receive 10%, Tract 4 will receive 69%, and Tract 5 will receive 21% of the 2025 rental payments. All rental payments for 2026 will go to the buyer. Tracts 1 and 2 have no tillable acreage and will not receive any rental payments. A 4% buyer's premium will be added to the final bid price for each tract. The 2025 real estate taxes will be prorated to the date of closing.Property LocationFrom Clay City, Indiana, travel south on Highway 59 for about 4 miles. Turn left (east) onto County Road 1100 S and go for 1.5 miles. The tracts are on the south side of the road, starting at the southwest corner of the intersection of 125 E and 1100 S.