James & Lisa Macy Land Auction

Lot Number:1
Completed
Start Time:11/28/2024 4:00:00 AM
Bid Count:12
Winning Bidder:S****1
Starting Bid:$6,000.00
Bid Increment:$100.00
Current Bid:$8,500.00
Bidding complete
No donations for this lot

Property Overview:
A unique opportunity to own 217± acres (subject to survey) of highly fertile, primarily tillable land with excellent access, located in Section 11, Township 58 North, Range 27 West. This versatile tract, with 207 acres of tillable ground per FSA figures, is an outstanding choice for both agriculture investors and producers seeking productive land for crops. The predominant soil type is Zook silty clay loam, with traces of Greenton silt loam, offering favorable conditions for cultivation.

Key Features:

  • Acreage: 217± acres, of which 207 are tillable per FSA reports. - 95.3 % tillable
  • Soil Types: Predominantly Zook silty clay loam, 0-2% slope.
  • Access: West side gravel road frontage along 260th Street.
  • Location: A prime agricultural location that provides both accessibility, productivity and hunting opportunies.
  • Structures: Over 12,000 bushel of grain storage, time tested agricultural barn.

Sale Terms & Conditions:

  • Auction Format: Offered as a single, surveyed tract, with bidding based on price per acre.
  • Deposit & Payment: Winning bidder(s) will be required to sign a Real Estate contract immediately after the auction and provide a non-refundable deposit of 10% of the purchase price, held in escrow with Daviess County Land Title LLC.
  • Buyer’s Premium: 1% collected at closing.
  • Closing: Expected on or before January 17, 2025. The seller will cover the 2024 real estate taxes, and title insurance will be provided. Closing costs will be split evenly between buyer and seller. All 2025 taxes are the responsibility of the buyer. 
  • Possession: Given at closing.
  • Government Programs: Property sold subject to all government programs.

Additional Information:
The property is sold “AS-IS,” with no warranties, expressed or implied, made by the seller or Integrity Land Auction, LLC. Any recorded or visible easements are applicable. All announcements on sale day will supersede prior advertisements or listings, whether written or verbal.

Gallatin, 64640
United States