Property Details
location
The subject farm is located approximately 86 miles southeast of Chicago O'Hare International Airport and east of Roselawn. Nearby towns include: Lake Village (9 miles west) and DeMotte (8 miles northeast).
frontage
There is approximately 1/4 mile of road frontage on E 900 N Road, and 1/8 mile on County Line Road.
major highways
State Road 55 is 2 1/2 miles west, State Road 10 is 1 mile north, Interstate 65 is 2 miles east and U.S. Route 41 is 10 miles to the west of the property.
legal description
A brief legal description indicates the Roselawn Farm is located in Part of the Southeast Quarter of Section 13 in Township 31 North - Range 8 West (Lincoln Township) in Newton County, Indiana.
total acres
There are a total of 98.0 acres, more or less, according to the Newton County Assessor's Office.
tillable acres
There are 96.8 tillable acres according to the Newton County FSA Office.
soil types
Major soil types found on this farm include Granby loamy fine sand, Zadog-Granby complex, Morocco loamy sand, Watseka loamy sand and Brems loamy sand.
topography
The topography of the subject farm is level to gently rolling.
location climate growing season
Newton County Indiana has a humid continental climate, with cool winters and warm summers. The average length of the growing season is nearly 155 days. The average high/low temperatures is around 77 F/54 F. Annual precipitation averages about 37.6 inches with over two thirds of this coming during the growing season. This climate, combined with the generally excellent soils in this area, provide a nearly ideal environment for the production of corn and soybeans.
mineral rights
All mineral rights owned by the seller will be transferred in their entirety to the new owner.
possession
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $7,000 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
financing
Mortgage financing is available from several sources. Names and addresses will be provided upon request.
taxes
The 2010 Real Estate Taxes totaled $2,628.20. The tax parcel number is 56-05-13-400-019.000-013.
grain markets
There are a number of grain markets located within 15 miles of the Roselawn Farm.
zoning
The farm is zoned Agricultural.