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Auction Information
Auctioneer Schrader Real Estate & Auction Company 800-451-2709
Auction Date Nov 01 Auction
Location
Milan Middle School, Marvin Wood Gym
609 N. Warpath Dr., Highway 101
Milan, IN
Time 06:00PM
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Auction Listing
AuctionZip Auctioneer ID# 1633
    Property Address    
Milan, IN 47031

• 754+/- Acres in 16 Tracts • 4 Farms • 659+/- Cropland Acres • 2 Farm Houses • 90,000 Bu. storage and grain center • Top quality level soils/improved drainage • Investment quality • Large Fields • Good frontage on State Hwy. 50 & Hwy. 101 • Online Bidding Available • Near Batesville, Versailles & Lawrenceburg • 35 miles from Cincinnati and grain terminals


OPEN HOUSE/INSPECTION DATES
Saturday, Oct. 1st from 9-12:00 Noon
Friday, Oct. 14th from 3-5 PM
Saturday, Oct. 22nd from 9-12:00 Noon

Meet Agent on Tract 2 grain center on Co. Rd. 750E.

PROPERTY LOCATION
All near Milan, Indiana.
Farm #1: 558+/- Acres - Tracts 1 thru 10

Corner of Hwy. 50 and Hwy. 101, 5 miles south of Milan. Sec. 18 Twp. 7N R13E
Farm #2: 52+/- Acres - Tract 11
1 mi. south of Milan to Co. Rd. 200N then 1 mi. west at the corner of Co. Rd. 625E. Sec. 36 Twp. 8N R12E.
Farm #3: 64+/- Acres - Tracts 12 thru 15
At Milan corner of Hwy. 101 and Hwy. 350. Sec. 12 Twp. 8N R12E. North edge of Milan.
Farm #4: 80+/- Acres - Tract 16
3 mi. north of Milan at corner of Hwy. 101 and Co. Rd. 700N/Spades Rd. Sec. 36 Twp. 9N R12E.

AUCTION LOCATION
Milan Middle School, Marvin Wood Gym, 609 N. Warpath Dr., Highway 101, Milan, Indiana 47031. Just south of intersection of Hwy. 101 and Hwy. 350 at Milan. Watch for parking signs at the south end of the school.

TRACT DESCRIPTIONS
Tract 1: 93± ac
FARM 1 - 558+/- Acres - 502 USDA Cropland Acres - All with municipal water. Taxes $20,179.62/yr. Located at intersection of Hwy. 50 and Hwy. 101.
Tract 1: 93+/- acres
all cropland. About 1/2 mile frontage on Hwy. 101, Co. Rd. 50S and Co. Rd. 750E. Good Avonberg soils. Nice tract for farmers or investors. Great frontage on 3 roads.
Tract 2: 5± ac with grain center, 4 bins, 90,000 Bu. storage. Overhead 2,500 Bu. wet bin. Pit dump, some new equipment, 100 ft. Sweet leg, 7 downspouts, GSI model 1112 dryer, all 3 phase with (2) Rota Phase. Auto controls. Tenants say good shape. 1,100 sq. ft. 11/2 story house. Municipal water. Good rental property.
Tract 3: 44± ac all cropland. Nearly1,070 ft. of frontage on Co. Rd. 750E. Avonberg soils. Improved drainage with CRP waterway. Purchase with Tract 1 - 6 for nice 338 acres, mostly all cropland. All with a good grain center.
Tract 4: 35± ac all cropland. Nice frontage, good soils and nice size for everybody.
Tract 5: 118± ac with est. 110 acres cropland. Good CRP waterways. Over 1/4 mi. frontage on Hwy. 101 and Co. Rd. 750E. Rental mobile home.
Tract 6: 43± ac all cropland. Almost 1/2 mi. frontage on Hwy. 50. Useable frontage on Co. Rd. 750. Nice corner property with water and gas.
Tract 7: 2± ac with 1-1/2 story, well maintained, 2,898 sq. ft. home. Two car garage and good 40 ft. x 48 ft. pole barn. Municipal water and gas. Corner of Hwy. 50 and Hwy. 101. New furnace, roof and windows. Great location. Do not miss this.
Tract 8: 77± ac with est. 70 acres cropland. Good Avonberg and Cobbs Fork soils. Level and productive. About 1/2 mi. frontage on St. Hwy. 101 and 1/4 mi. on Hwy. 50. This is a great investment tract.
Tract 9: 36± ac all cropland. Good soils and about 1/4 mi. on Hwy. 50 and 1/4 mi. on Co. Rd. 675E.
Tract 10: 105± ac with est. 76 acres cropland and 25 acres nice woodland. 1.7 acres improved drainage CRP waterways. This is a nice combination of cropland, hunting, recreational property and super location.


Tract 11: 52± ac
FARM 2 - 52+/- Acres - 49.3 USDA cropland acres - Municipal water - Taxes $1,567.20/yr. - 2 miles south of Milan at Co. Rd. 200N and 625E.
Tract 11: 52+/- acres
all cropland. Level and productive with 3,600 ft. of total frontage on Co. Rd. 200N and Co. Rd. 625E. This is a nice clean tract.


Tract 12: 42± ac
FARM 3 - 64+/- Acres - 59.7 USDA cropland acres - Taxes $1,757.52/yr. - Municipal Water, Gas, Sewer - On the north edge of Milan, across from Ripley Crossing.
Tract 12: 42+/- acres
all cropland. About 570 ft. of frontage on Hwy. 101 just north of Milan. Clean and ready to farm.
Tract 13: 12± ac mostly all cropland and great investment with farm income and potential non-farm uses. About 760 ft. of frontage on Hwy. 101 and all useable. Do not miss this one.
Tract 14: 6± ac mostly all cropland and about 630 ft. of frontage on Hwy. 350. This is ready for change in use and perfect size.
Tract 15: 4± ac all woodland without frontage. This may be purchased in combination with Tracts 12, 13 or 14 or by an adjoining property with access. (This is known as Swing Tract)


Tract 16: 80± ac
FARM 4 - 80+/- Acres - 48.1 USDA cropland acres - Taxes $3,064.08 - North of Milan at the corner of Hwy. 101 and Co. Rd. 700N.
Tract 16: 80+/- acres
with 48.1 acres cropland and est. 30 acres pasture with stream. Fair fence, 2 barns and mobile home. About 1/4 mi. frontage on Spades Rd. and 1/2 mi. on Co. Rd. 700N. Here is your livestock type farm with good location.
Denver Mills acquired these farms throughout his life time. They represent an outstanding combination of location and quality of farms.

Disclaimer: To view updated information on this auction, please visit http://www.schraderauction.com/auctions/6965



Auctioneer License Information: AU01005815

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