Colfax Indiana 288 Acres Land Auction

Located just 1.8 miles West of Colfax Indiana on County Road 1050 N is 288.29 +/- Acres of Prime Farm Ground being offered to the public. This land is being presented in two tracts, from two local farms. Tract 1 is 132.34 +/- acres. Tract 2 is 155.95 +/- Acres, Tract 2 tillable acres is approx. 147 +/- Acres.Auction Held on Wednesday February 8th at 6pm (EST) at Stookey's Restaurant at 125 East Main Street Thorntown, IN. Please be on time. Online bidding is available through Proxibid.com. Go to JeffBooneAuctions.com for a direct link. An Online buyer premium of $5000 per Tract will be charged to an online bidder if they are the Purchaser. No buyer premium to onsite buyers. Closing to take place within 45 days of auction or when an insurable title is available. Sellers will accommodate more time for 1031 Exchange offers if needed to help accomodate Purchaser(s). Please contact Auction Management prior to bidding if a closing extension will be anticipated. Tract 2 is under contract for the 2023 season. The buyer of Tract 2 will receive $250 per tillable acre from the farmer for the 2023 season for the 147 +/- acres of tillable ground with a successful closing within 45 days of the Auction. Buyer of Tract 1 to have rights to land for 2023.Auction Date: Wednesday, February 8th 2023 @ 6 PM ESTAuction Location: Stookeys in Thorntown, INBidding Live in person or online through Proxibid day of Auction. Properties located just 1.8 miles west of Colfax, IN on County Rd 1050 N. Both Tracts are located in Montgomery County.Call with any questions!Office: (765)779-4000Stefan Lathan Auction Manager: (317)370-0510Caleb Cleek Broker: (765)635-9861