HENRY COUNTY, IN LAND AUCTION - HINNENKAMP

Henry County, Indiana

Property Address: 2727 E US Highway 36, New Castle, IN, 47362

Directions:

From the north travel south on State Road 3 to US Highway 36, then head east approximately 2.5 miles to the property located near Blue River Valley Schools.

From the west travel east on US Highway 36 to the property located near Blue River Valley Schools.

From the south travel east on US Highway 36 approximately 2.5 miles to the property.

From the east travel west on US Highway 36 toward Blue River Valley Schools.

Property located nearby on US Highway 36.

27.79 taxable acres± • 1 tract

Located at 2727 E US Highway 36, New Castle, Indiana, within the Blue River Valley School Corporation, this property offers a unique combination of residential living, recreational opportunity, and privacy in a highly accessible location. Although featuring approximately 1,600 feet of frontage along US Highway 36, the residence sits well off the roadway, creating a secluded setting with convenient access to surrounding communities.

The property consists of approximately 23.1± acres of rolling timber and 4.68± acres of homesite and open ground. Wildlife activity is commonly seen throughout the property with noticeable deer sign, existing tree stands in place, and several areas that could lend themselves to future food plot locations for recreational use.

The residence contains approximately 2,842 square feet with 5 bedrooms and 3 bathrooms. Originally configured as a duplex, the home was opened between both sides with French doors and currently features 2 kitchens and 2 utility rooms, offering flexibility for a variety of living arrangements. Recent improvements include newer A/C units, water softener systems, and updated plumbing converted from C-PVC to PEX beneath the residence.

• 27.79 taxable acres±
• Residential & recreational opportunity
• 23.1 acres± of rolling timber with strong deer signs
• 5 bed, 3 bath home
  • 2,842± sq ft
  • Flexible layout featuring 2 kitchens & 2 utility rooms
  • Recent mechanical & plumbing updates
• Approx. 1,600 ft of US Highway 36 frontage
• Private homesite hidden from roadway view
• Tree stands in place & food plot potential
• 720 sq ft storage garage
• Blue River School Corporation

The property will be sold for a lump sum total dollar amount.

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 July 30, 2026.

Seller will provide title insurance in the full amount of the purchase price. The 2025 real estate taxes have been paid by the seller. The 2026 real estate taxes will be prorated. Full possession will be given at the time of closing.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.