Recreational Land & Farm for Auction in Warsaw, Indiana

Description

105 +/- Acres Land in 6 Tracts with Country Home for Auction - Warsaw, Indiana

Discover the perfect blend of rural charm and investment potential with this 105 +/- acre property in Kosciusko County, Indiana, set to be auctioned on December 3rd, 2024. Located near Warsaw, this property offers six tracts, a well-built country home, multiple barns, recreational opportunities, and income-generating farmland, 2 ponds and Muskellundge Lake frontage.

BID-ONLINE ONLY AUCTION!!

BID CENTER LOCATION (NIGHT OF AUCTION) 5:00 pm doors open- 302 E Section St, Claypool, IN

BEING SOLD AS-IS!!

10% DOWN NON-REFUNDABLE!!

Auction Type:

Online Bidding Only with Bid Center (Location - 302 E Section St, Claypool, IN)

Auction End Date: December 3, 2024, 6:30 PM Eastern Time with 5 minute extensions

Property Address: 664 Hoppus Rd, Warsaw, IN 46580, Kosciusko County

Tract 1: Country Home on 3,340 Sq. Ft.

This 3,340 sq. ft. country home boasts 4 bedrooms, 2 baths, and a 756 sq. ft. attached garage. With beautiful views from both stories, this home offers tremendous potential with just a few updates. Some key features include:

Central air and propane heating

Hardwood flooring and trim in certain rooms

Main floor utility room

Decorative fireplace in the living room

Dining room adjacent to the kitchen

Spacious master bedroom with natural light

Alarm system, private well, and septic

The property also includes a fenced area perfect for animals. The attached 2-car garage leads to an atrium, ideal for use as a mudroom, which connects to a cozy wet bar area.

Tract 2: 17.56 Acres with Barns and Creek Access

This tract features 17.56 acres, building potential & includes three barns:

Large Barn (70x40): Wrapped in metal on the outside but preserving the original wooden beams and hay rack inside, making it both functional and charming.

Smaller Shed (12x24): Concrete flooring, perfect for small equipment storage.

Older Barn: Still in use for storage, but could be remodeled or used for its timber. The east side of the property borders a creek, adding to its appeal.

Tract 3: 5.9 +/- Acres with Creek Access

Bordering the west line with creek frontage, this tract is an ideal building site for anyone looking to create their own rural oasis.

Tract 4: 30 +/- Acres Tillable Land

A prime tract of 30 acres of productive tillable land. Soil maps available upon request.

Tract 5: 21 +/- Acres Tillable Land

Another valuable tract featuring 21 acres of income-generating tillable farmland. Potential building parcel as well.

Tract 6: 30 +/- Acres Recreational Land with Lake and Ponds

This scenic 30-acre tract is perfect for recreation or building your dream home. Highlights include:

Long gravel drive leading to Lake Muskellunge, a private lake with excellent fishing (pike, muskie, and bass)

Two ponds, one of which is stocked and has stone imported from Pennsylvania, making the waterfall and going all the way around the pond for beauty and ease to fish!

Pavilion with fireplace, bathroom, parking spaces, playground, well, septic, and underground utilities

Event-ready site, having hosted weddings and other events

Multiple tree species planted native to Indiana

This tract offers a unique opportunity with its bridge over a creek, giving access to the eastern side of the lot, and an ideal setting for a private, off-the-road home with lakefront views.

Additional Information:

Annual Cash Rent: Tillable acreage generates $10,500 in annual rent with potential for renegotiation.

Muskellunge Lake Frontage

Auction Date: December 3rd, 2024.

This property offers something for everyone--from a country home with potential, to investment-grade farmland, to scenic recreational land. Don't miss this rare opportunity to own a versatile property in the heart of Indiana!

Bidding Process:

The auction is exclusively conducted online, allowing interested parties to bid remotely or in person.

Bidders have the opportunity to place bids until the auction concludes on December 3rd, 2024, at 6:30 PM Eastern Time

Property Potential:

Ideal for investors seeking productive farmland, event location, camping, lake activites and more!

A potential haven for individuals or families looking for rural living with farming and recreational opportunities.

The diverse acreage and existing structures provide possibilities for various agricultural endeavors.

Organizer:

The auction is organized by Ty Mills and Brecken Kennedy, reputable names in property auctions.

Purpose:

The auction aims to facilitate the sale of the 105 +/-acre property to interested buyers, providing them with a valuable investment opportunity in Indiana's agricultural and waterfront landscape.

As the online auction progresses, interested parties are invited to place their bids on parcels for this prime 105 -acre farm property, complete with tillable acreage, a spacious home, and versatile storage solutions. The bidding process will conclude on December 3rd, 2023, at 6:30 PM Eastern Time. Don't miss this chance to become the proud owner of a piece of thriving Indiana recreational and farmland property.

Cash rent income - $10,500/yearly +/-

For more information, contact Auction Managers Ty Mills at (260) 571-5232 or by email at tmills@ or Brecken Kennedy at (260) 578-7661or by email at mossyoakbrecken@

Auction Terms:

SOLD - AS IS!!

10 % DOWN DAY OF AUCTION AND REST OF BALANCE AT CLOSING.

BUYER (S) MUST AGREE TO PURCHASE AGREEMENT WITHIN 24 HOURS OF AUCTION CLOSING. BUYER(S) MUST DEPOSIT EARNEST WITHIN 24 HOURS.

NEW SURVEY WILL BE SPLIT BETWEEN SELLERS AND BUYERS

CASH RENT FOR 2024 TO BELONG TO SELLER

SELLER WILL PROVIDE A WARRANTY DEED FOR TITLE

SELLER WILL PROVIDE OWNERS TITLE INSURANCE

TITLE WORK TO BE SPLIT BETWEEN BUYER AND SELLER

FARMER HAS THE RIGHTS TO HIS 2024 CROPS

ALL TAXES TO BE PRORATED TO THE DAY OF CLOSING

METZ TITLE IN WABASH, IN WILL CONDUCT TITLE WORK