128+ Ac Washington Co (Salem) Farmland Online Only

WASHINGTON COUNTY QUALITY FARMLAND AUCTION

128+ ACRES OFFERED IN THREE TRACTS

4240’ +/- TOTAL FRONTAGE ON E BROADWAY RD

INCOME PRODUCING TILLABLE ACREAGE

ADJOINS JACKSON-WASHINGTON STATE FOREST

ONLINE ONLY · BIDDING ENDS JUNE 24

Address: E Broadway St., Salem, IN 47167

Location: Only 6 miles NE of Salem!

COMBINATION BIDDING WILL OPEN ON JUNE 17!

A BIDDING CENTER WILL BE AVAILABLE ON JUNE 24 (AUCTION END DAY) AT OUR OFFICE IN CORYDON BEGINNING AT NOON.

CALL (812) 738-9476 FOR INFORMATION!

REAL ESTATE INFO: INCOME-PRODUCING, QUALITY SOILS, EASY ACCESS, & ADJOINS PUBLIC LAND! These properties offer major potential and are in high demand! Being offered in three separate tracts, you may bid on each tract individually or any combination of your choice, including all three together! Tracts 2 and 3 offer 85 +/- contiguous acres with 2640’ +/- frontage on Broadway Road; Tract 1 is located 0.3 mile west of 2 & 3 and features 42 +/- acres with 1600’ +/- frontage on Broadway Road. This is an exclusive opportunity! Prime farmland like this is hard-to-find! 

TRACT #1: 42.6 +/- acres; 1600’ +/- frontage on Broadway Road; mostly tillable; income-producing; utilities available; located 0.3 mile west of Tracts 2 & 3.

TRACT #2: 45.473 +/- acres; 1258’ +/- frontage on Broadway Road; mostly tillable; income-producing; utilities available; adjoins Jackson-Washington State Forest; adjoins Tract 3.

TRACT #3: 39.958 +/- acres; 90’ +/- frontage on Broadway Road; per FSA records 23 +/- open acres with remainder in woods; includes barn; utilities available; adjoins Jackson-Washington State Forest; & adjoins Tract 2. Tract #3 possession sells subject to pasture rent through Dec 31, 2026. 

PUBLIC LAND INFORMATION: Tracts 2 & 3 adjoin Jackson-Washington State Forest public land. Enjoy camping, archery range, and hunting for quail, rabbit, dove, squirrel, deer, turkey, woodcock, and night hunting for raccoon. Limited waterfowl hunting. Includes Muscatatuck River access. Link to Jackson-Washington State Forestry: https://www.in.gov/dnr/forestry/properties/jackson-washington-state-forest/

UTILITIES: Electric-Jackson County REMC; Water-East Washington Rural Water available (6" waterline runs along north side of Broadway for Tracts 2 & 3 and south side of Broadway for Tract 1)

OPEN HOUSE/INSPECTION: An auction company representative will be onsite Thursday, June 18 from 4-5 PM. For appointments outside the inspection time, please call the office. There are cattle and crops on the farm. It is pertinent that gates remain closed and crops are not damaged.

SURVEY: A new survey is of record for Tracts 2 and 3.  See Documents section for copy.  Tract 1 will be sold/conveyed by its current deed/legal description, no new survey. See Auctioneer's website for copy of current deed.

DIVISIBLE LOT: Upon conveyance to new buyer, Tract 1 is further divisible, subject to county ordinance rules. See Documents section for Washington County Subdivision Ordinance. Call Surveyor’s office at 812-883-4604 with questions.

FSA/SOIL DATA/TOPOGRAPHY: See Interactive Map and Documents Section on Auctioneer's website for additional details.

CLOSING INFO: Buyer to pay all title/closing fees except deed prep.

ULTIMATE CHOICE BIDDING SYSTEM: The “Ultimate Choice” bidding system allows someone to bid on individual tracts or a combination of tracts throughout the auction. This auction system DOES NOT include a maximum bid feature; the price will increase to the bid amount that is entered for both individual tract bids and combination bids. Any posted bid is considered active and could be back in winning position any time during the auction due to different combinations being offered. Combination bidding will be allowed as of Noon on June 17. The final auction price will be determined by the combination which realizes the highest bid. If you have any questions about this system, please do not hesitate to contact our office to discuss.

FARM LEASE/POSSESSION: Farmland is leased for the 2026 calendar year and will sell subject to Fall harvest rights, all crop proceeds will be split evenly between Seller & Buyer. Tract #3 possession sells subject to pasture rent through Dec 31, 2026. 

GAS/MINERAL RIGHTS: Any and all oil and gas and/or mineral rights owned by the Sellers will be conveyed to the Purchaser(s).

PROPERTY TOUR (includes INTERACTIVE MAP): Check out our new Property Tour on Auctioneer's website designed to guide you through key points of interest pertaining to the real estate. View a 3D spin of the property, topography, water features, soils, land use, utilities, & more!

SCHOOLS: Salem Community School Corp.

CURRENT PARCEL & PARENT PARCEL IDs: Tracts 2 & 3 are part of parent parcel # 88-34-35-000-003.000-021; Tract 1 is parcel # 88-34-34-000-003.000-021.

TAXES: Washington Township. Taxes for parent parcel # 88-34-35-000-003.000-021 (Tracts 2 & 3) are $2,784.69 per semi-annual installment; taxes are based on a larger amount of acreage than what is being offered. Taxes for parcel # 88-34-34-000-003.000-021 (Tract 1) are $791.57 per semi-annual installment. The current tax amounts are based on seller’s current assessments and tax deductions, if any. Property taxes may increase or decrease upon conveyance.

DIRECTIONS: From Salem, head north on IN-135, east (right) on E Lewellen Rd, north (left) on N Glen Miller Rd, then east (right) on E Broadway Rd to site.

TRUSTEE/ATTORNEY: Gary Banet

OWNER: JoEllen Meahl Trust