1500 N 350 W, Rensselaer, IN 47978
$598,500
Property Type:
Land
Lot Size (sq. ft.):
2,973,711
Status:
Closed
Current Price:
$598,500
List Date:
3/04/2026
Last Modified:
5/11/2026
Listing Details MLS# 834859
General Property Information
- Lot Size Acres
- 68.267
- Lot Size Square Feet
- 2973711
- Lot Size Source
- Assessor
- Association YN
- No
- Waterfront YN
- No
- Sold Price/Acre
- 8766.66
Property Features
Current Use:
Agricultural; Farm; Row Crops
Electric:
Other
Listing Terms:
Cash; Conventional
Lot Features:
Other
Possession:
Close Of Escrow
Possible Use:
Agricultural; Farm; Investment; Plantable; Row Crops; Unimproved; Vacant
Sewer:
None
Special Listing Conditions:
None
Utilities:
Electricity Available
View:
Rural
Water Source:
None
Contract Information
- Auction YN
- Yes
- Property Sub Type
- Unimproved Land
- Lease Considered YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Seller to consider offering concessions
- No
- Occupant Type
- Vacant
Location Tax and Legal
- Street Number
- 1500
- Street Direction Prefix
- N
- Street Name
- 350
- Street Direction Suffix
- W
- County
- Jasper
- State
- IN
- Postal Code
- 47978
Remarks and Miscellaneous
- Public Remarks
- Online Only Real Estate Auction - Bidding Begins Closing April 16, 2026 at 6:00 PM CT. 68.267± acres of productive farmland located along N 350 W in Rensselaer, Jasper County in Barkley Township and within the Rensselaer Central School Corporation district. This quality farm offers 66.24 FSA tillable acres with an NCCPI rating of 61.1. Predominant soils include drained Houghton muck, Watseka-Maumee loamy sands, Oakville sand, and Zadog-Maumee loamy sands. The property is tile drained, and the Oliver Ditch provides the south boundary, supporting effective water management. Nearly all of the acreage is tillable, maximizing operational efficiency and income potential. The farm features substantial frontage along N 350 W, providing convenient access for large equipment and grain hauling. Electric service is available at the road. There are no improvements on site and no well, septic, or natural gas currently installed. No 2026 farm lease is in place, and possession will be granted at closing. Strategically located just 0.18 miles north of IN-14, 2 miles east of US-231, 3.47 miles west of IN-49, and approximately 8.6 miles from downtown Rensselaer. The property sits within a competitive grain marketing area, including nearby delivery points such as Wheatfield Grain Co. (Rensselaer), ADM Parr, Wheatfield Grain Co. (Wheatfield), and Tate & Lyle. Zoned Conservation Agricultural, this tract is well suited for row crop production, farmer expansion, or long-term land investment, including 1031 exchange buyers seeking income-producing farmland in a strong agricultural region. Complete auction details and bidding information available at the listing broker site.
Status Change Information
- Major Change Timestamp
- 2026-05-11T19:46:43Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2026-05-11
- Offer Acceptance Date
- 2026-04-20
- Close Date
- 2026-05-11
- Close Price
- 598500
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Exemption Information
- Exemption YN
- No
Auction
- Online Bidding
- Yes
- Website URL
- https://bid.kraftauctions.com/auctions/528/lot/283671-68267-acre-farm-land
- Pre-Auction Offers Accepted
- No
- Auction Type
- Reserve
- Auction Date
- 2026-04-16
- Auction Time
- 6:00 PM CT
- Buyer Premium YN
- Yes
- Buyer Premium Amount
- 5
- Auctioneer License Number
- AU10500173
- Auctioneer Comments
- 5% buyer's premium
Showing Requirements
- Showing Instructions
- Available for viewing during daylight hours. Confirm appointment through ShowingTime.
Listing Office:
Kraft Real Estate Auctions, LL
Last Updated: May - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.