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E 1400 N, North Salem, IN 46165

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For Sale

$123,456

1,420 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 1420 acres
    Lot size

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Agent: Gene Klingaman 260*229*2401 PREMIER INDIANA SOILS 1,357+/- FSA TILLABLE ACRES SOIL FERTILITY MAPS AVAILABLE SIGNIFICANT DRAINAGE IMPROVEMENTS IRRIGATED FARMLAND ACQUISITION OPPORTUNITY GRAIN STORAGE FACILITY CAPABLE OF PRODUCING 250BPA DRY CORN YIELD AVERAGES This is a rare offering to purchase prime tillable farmland that has been highly maintained & improved. Britton Farms is known for their love of farming & improving the land through various types of management practices. Many of the tracts have been improved with controlled drainage management systems. Waterlines have been put in place to utilize the ample water resources for both center pivot irrigation & subsurface irrigation by way of the controlled drainage management systems. For more information please contact the Auction Company for a detailed Information Book that includes, drainage information, FSA Maps, Soil Maps, & any other information pertinent to the auction! OPEN HOUSE/INSPECTION DATES Information Dates (Held at Roachdale Community Building, Roachdale, IN): Thursday July 24, 2025 from 10am-12pm Wednesday August 6, 2025 from 4-6pm Thursday August 28, 2025 from 10am-12pm PROPERTY LOCATION From the Intersection of State Rd 236 & Indiana St (County Rd 250 S) in Roachdale: Tracts 1-5: Travel South on Indiana St (County Rd 250) for .2 miles & Tract 4 will begin on the left (East). To Tracts 1-3 continue South on County Rd 250 South to County Rd 1200 N. Turn right (West) on County Rd 1200 N Tracts 1-3 will begin in .2 miles. Tracts 6-19: Travel East of State Rd 236 for 4.1 miles & Tracts 6 & 8 will begin on the North & South side of the road. As you continue East on State Rd 236 look for signs to additional Tracts North & South of 236. Tract 20: Travel North on N Indiana St for .1 miles to North Spring St turn left (West). Travel West on Spring St for .3 miles & the road will dead end at the entrance to the property (see signs). Tract 21: Travel West on State Rd 236 for .2 miles & the property will start on the North side of the road. AUCTION LOCATION Hendricks County Fairgrounds 1900 E Main St, Danville, IN 46122 PROPERTY DESCRIPTION 1,420+/-acres of mostly tillable land with grain bin storage offered in 21 tracts. Controlled Drainage Management Systems: A Controlled drainage water system is a management practice that regulates the water table in agricultural fields by using inline water control structures that manage the outlet elevation of drainage systems. This allows the producer to have control over the timing & volume of water leaving the field, retaining water during periods when drainage is not needed & reduce nutrient loss through drainage water. For more details of how these systems work please call the Auction Manager or refer to the Auction Information Book. Irrigation Wells: T his farm has (2) 12" high-capacity irrigation wells capable of pumping 1000 gal/minute. Both wells are 240' deep, with a pump set near the bottom of the wells in a pool of water 40' deep. Both wells are serviced by 3 phase power & 125 hp electric motors. The west well is located on Tract 11 & the East well is located on Tract 13. DNR Division of Water documented May 2025 a static water level of 24.2 ft on the West well & a static water level of 30.2' on East well. These wells are located in a significant aquifer area. Irrigation: As a whole Britton Farms offers 760+/- Irrigated acres, with a mixture of subsurface & center pivot irrigation. The irrigated acres are serviced by two wells; the West well located on Tract 11 & the East well located on Tract 13. The West well services Tracts 6-11 & East well services tracts 13-19. In order to continue to utilize the irrigation infrastructure in place, you must purchase the tracts in the order that they are serviced by the well via underground piping. For the West well you must include Tract 11 descending to Tract 6 or any lessor combination ascending in order to Tract 11. For the East well you must inc
MLS# 11530901

Courtesy Of Schrader Real Estate and Auction Company, Inc.

8004512709100

Property Features

  • Architecture Style
    Other
  • Lot Size
    1,420 Acres

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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