Rensselaer, IN 47978(Jasper County)

From the I-65 and SR 114 interchange, west of Rensselaer, travel east on SR 114 ( W. Clark St.) for approximately 2 miles to Airport Rd (CR 700 W), then turn North (left) onto Airport Road and travel 1 mile to Wood Rd (CR 400 S). Turn East (right) onto Wood Rd and go approximately 1/4 mile to the property on the south side of the road.

AUCTION LOCATION

Knights of Columbus, 325 E. Vine St. Rensselaer, IN 47978.

From downtown Rensselaer at the Jasper County Courthouse head northeast for 2 blocks on US 231 (Washington St.). Turn left on US 231 (N. McKinley Ave.) and go approximately .4 mi to E. Vine St. (E. Vine St is the first street south of railroad tracks). Turn East (right) on E. Vine St. and go 1 block to auction site.

TRACT DESCRIPTIONS

Tract 1: 67 ac with excellent quaility soils. This tract is mostly all tillable with approximately 650 ft. of frontage on Wood Rd (CR 400 S). Also, this tract has access to an open ditch along the Northeast portion of the property and is adjacent to the CSX Railroad line.

Tract 2: 67 ac of quality soils and mostly all tillable. Also, this tract has approximately 650 ft. of frontage along Wood Road (CR 400 S).

REAL ESTATE TAXES:

Tract 1 - 2013 payable 2014: $1,059.22 (includes tax on approximately 3 acres not included in auction). Drainage assessment $25.23 (also includes assessment on approximately 3 acres not included in auction).

Tract 2 - 2013 payable 2014: $1,676.30 (includes tax on approximately 6.5 acres and tool shed, 2 grain bins, lean-to, and corn crib not included in auction). Drainage assessment $29.53 (also includes assessment on approximately 6.5 acres not included in auction).

NOTE: This property has an excellent location with possible future development potential. Zoned I-1 (Light Industrial) per City of Rensselaer zoning map. City sanitary sewer, water, and electric are along SR 114 (W. Clark St.) as well as natural gas.

The Jasper County Airport is located approximately 1/4 mi west of the property. Investigate the Airport Layout Plan (10 year lookout) and possible future east - west runway.

ONLINE BIDDING AVAILABLE: You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Kevin Jordan at Schrader Auction Co. - 800-451-2709.