Vermillion Co IN 60.99 Acres In 2 Tracts

Attached Files
Auction Flyer (PDF)

 

About This Auction

Live and Online at Ranchandfarmauctions.com

Auction Date: 08/05/26         Auction Time: 1:00 PM ET

Auction Held At: Fraternal Order of Eagles Aerie 887, 100 S Water St, Clinton, IN 47842

 

Entire Farm Description:

Productive Farmland, Country Homesite & Investment Opportunity

Don't miss this exceptional opportunity to purchase quality agricultural land and residential acreage at auction. Offering two distinct tracts, this property presents an ideal combination of highly productive tillable farmland, investment potential, and country living opportunities in a desirable location.

 

Tract 1 features premium tillable farmland with fertile soils, strong production history, and excellent yield potential. Boasting outstanding road frontage and easy access, this tract is well-suited for farmers looking to expand their operation, investors seeking income-producing agricultural land, or buyers interested in long-term land ownership. 

 

Tract 2 offers 2.77± surveyed acres in a highly sought-after area. The existing home is a fixer-upper ready for renovation and provides an excellent opportunity for investors, flippers, or buyers looking to create a custom country residence. With ample room for gardens, outbuildings, recreational use, or simply enjoying the privacy and space of rural living, this tract delivers flexibility and potential. Excellent road frontage and close proximity to local amenities make this an attractive property for a variety of uses.

 

Whether you're searching for productive farmland for sale, agricultural investment property, a rural homesite, a renovation opportunity, or acreage with development potential, this auction offers something for everyone. Bid on individual tracts or explore the possibilities these properties provide for farming, investment, recreation, and country living.

 

Tract 1 Description: 58.22± Acres

Exceptional opportunity to own highly productive tillable farmland in a prime location. This quality tract offers fertile soils, strong yield potential, and excellent road frontage, providing easy access and outstanding visibility. Whether you are expanding your farming operation, investing in income-producing ground, or looking for a property with future potential, this farm checks all the boxes. Conveniently located with great access to nearby highways and communities, this is a rare chance to purchase premium agricultural land with added residential opportunity at auction.

 

Tract #: 1

Deeded Acres: 58.22±

Soil Types: Shipshe loam, Fox loam

Soil PI/NCCPI/CSR2: NCCPI 65.3

CRP Acres/Payment: No CRP

Taxes: TBD after split

Lease Status: 2026, buyer will receive 50% of the owner's share of crops, Open Tenancy for the 2027 crop year

Possession: Immediate possession subject to the current tenant's rights for 2026

Survey Needed?: Complete

Brief Legal: 58.22± acres Part of NE ¼ NE ¼ S34 T15N R9W Vermillion Co IN

PIDs: Part of PID 83-10-34-100-001.001-007

Lat/Lon: 39.7075, -87.3947

Zip Code: 47842

 

Tract 2 Description: 2.77± Acres

Located in a highly desirable area, this property offers 2.77± surveyed acres with endless potential. The home is a fixer-upper ready for your vision and personal touch, making it a great opportunity for investors, flippers, or buyers looking to create their dream home in a fantastic location. The acreage provides plenty of room for outdoor activities, a garden, additional buildings, or simply enjoying the privacy and space of country-style living while still being conveniently close to town and amenities. With great road frontage and a sought-after setting, this property combines location, land, and opportunity all in one.

 

Terms of Sale

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

SALE DAY NOTES INFO:

BUYERS PREMIUM: No buyer’s premium or internet fees

TAXES: Prorated to date of close

TENANCY: Open tenancy for 2027

RENTS: Buyer will receive 50% of the owner's share of crops in 2026

MINERALS: Seller-owned rights will convey

CLOSING COSTS: Seller to provide title search, title insurance, and balance of closing costs split 50/50

 

Licensing

IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (RC51300040)

Dan Bates Jr, Ranch & Farm Auctions (RC52000047), Indiana Broker License # RB14027345

Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332

Bill Minor, Indiana Land Specialist, Whitetail Properties Real Estate, LLC, 317.446.9500

Jay Minor, Indiana Land Specialist, Whitetail Properties Real Estate, LLC, 317.370.2422

Brandon Smith, Indiana Land Specialist, Whitetail Properties Real Estate, LLC, 317.709.2904

Cody Lowderman, IN Auctioneer, AU11100014