4250 W 500 N, Rensselaer, IN 47978
Property Type:
Land
Lot Size (sq. ft.):
1,284,541
Status:
Active
List Date:
4/09/2026
Last Modified:
4/10/2026
Listing Details MLS# 836800
General Property Information
- Number Of Lots
- Yes
- Lot Size Acres
- 29.489
- Lot Size Square Feet
- 1284541
- Lot Size Source
- Assessor
- Association YN
- No
- Waterfront YN
- No
Property Features
Current Use:
Agricultural; Farm; Investment; Plantable; Unimproved
Electric:
Other
Listing Terms:
Cash; Conventional
Lot Features:
Modular Allowed; Private; Rectangular Lot
Possession:
Close Of Escrow
Possible Use:
Agricultural; Cattle; Dairy; Farm; Grazing; Hunting; Investment; Livestock; Mixed Use; Orchard; Plantable; Poultry; Recreational; Residential; Row Crops; Single Family; Tree Farm; Unimproved; Vacant; Vineyard
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
- Tenant
Location Tax and Legal
- Street Number
- 4250
- Street Direction Prefix
- W
- Street Name
- 500
- Street Direction Suffix
- N
- County
- Jasper
- State
- IN
- Postal Code
- 47978
Remarks and Miscellaneous
- Public Remarks
- Online Only Real Estate Auction. Bidding begins closing May 19, 2026 at 6:00 PM CT. 29.489± acres of vacant land located at approximately 4250 W 500 N, Rensselaer, IN, in Jasper County, Walker Township, Kankakee Valley School Corporation. The property consists of approximately 29.7 FSA tillable acres and is currently in agricultural production. The land is leased for the 2026 crop year. Buyer to receive 2026 farm income. Possession subject to tenant rights. The tract offers approximately 1000 feet of frontage along W 500 N with multiple potential access points. Topography is gently rolling. Soils include Oakville fine sand, Mussey mucky sandy loam, Brems loamy sand, Morocco loamy sand, and Adrian muck, with a weighted NCCPI of 46.6. Zoned A1 Conservation Agricultural. Permitted uses include agricultural production and a single family residence or farmstead. Other uses may be permitted or allowed by special exception per Jasper County zoning ordinance. Buyers should verify all intended uses with the county. Electric is available at the road. Well and septic would be required for residential use. Located approximately 1.25 miles east of US 231 and 4 miles west of IN 49, offering access to regional transportation routes. Surrounding area consists primarily of agricultural land with scattered residential homes. The adjoining approximately 20 acre property with a residence, under the same ownership, is intended to be offered separately in 2027. Bidding is offered online only at the auction company's website. Bidding is now live and continues until auction end on May 19th, with a soft close beginning at 6:00PM CDT.
Status Change Information
- Major Change Timestamp
- 2026-04-09T21:38:44Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-04-09
More Information
Exemption Information
- Exemption YN
- No
Auction
- Online Bidding
- Yes
- Website URL
- https://bid.kraftauctions.com/auctions/546/lot/304196-29489-acre-farm-land-auction-jasper-county
- Pre-Auction Offers Accepted
- No
- Auction Type
- Reserve
- Auction Date
- 2026-05-19
- Auction Time
- 6:00 PM CT
- Buyer Premium YN
- Yes
- Buyer Premium Amount
- 7
- Auctioneer License Number
- AU10500173
- Auctioneer Comments
- Buyer's premium 7%. Earnest money deposit 10%.
Showing Requirements
- Showing Instructions
- Go and show. Do not drive on the field or disturb farming practices.
Location, Tax, and Legal
- School District
- Kankakee Valley
- Tax Annual Amount
- 382.85
- Tax Year
- 2025
- Tax Legal Description
- PT SE SE 32 31 6, 29.489A
- Parcel Number
- 371332000007000032
- Additional Parcels YN
- No
- Zoning Description
- Agriculture
- Township
- Walker
- Directions
- From US-231 S and 110, head south 4.1 miles to W 500 N. Travel 1.3 miles east. Property will be on the north side of the road.
- Census Tract
- 1010
Electric
- Other
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Modular Allowed
- Yes
- Private
- Yes
- Rectangular Lot
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- None
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Electricity Available
- Yes
View
- Rural
- Yes
Water Source
- None
- Yes
Current Use
- Agricultural
- Yes
- Farm
- Yes
- Investment
- Yes
- Plantable
- Yes
- Unimproved
- Yes
Possible Use
- Agricultural
- Yes
- Cattle
- Yes
- Dairy
- Yes
- Farm
- Yes
- Grazing
- Yes
- Hunting
- Yes
- Investment
- Yes
- Livestock
- Yes
- Mixed Use
- Yes
- Orchard
- Yes
- Plantable
- Yes
- Poultry
- Yes
- Recreational
- Yes
- Residential
- Yes
- Row Crops
- Yes
- Single Family
- Yes
- Tree Farm
- Yes
- Unimproved
- Yes
- Vacant
- Yes
- Vineyard
- Yes
Listing Office:
Kraft Real Estate Auctions, LL
Last Updated: April - 10 - 2026
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