611 E 400 S, Valparaiso, IN 46383

$1,305,600
Property Type: Land Lot Size (sq. ft.): 3,267,000 Status: Closed
Current Price: $1,305,600 List Date: 2/24/2025 Last Modified: 5/13/2025

Overview

Description

Property is being sold at auction in 2 tracts. There will be 2 preview dates: Feb 25 from 4-6 PM and March 8 from 11a-1p CENTRAL TIME. Tract#1offers 69.25 +/- acres of tillable farm ground and 5.75 +/- acres of wooded land. Perfect to start a new farm or expand your current operation. Potential building sites. Yield history available upon request. Tract 2 (MLS #816462 ) includes a 3 bed 1 bath farm house sitting on 5 +/- acres. Home has newer metal roof, well-maintained vinyl siding, and an attached 2 car garage. This property also features 3 large pole barns, a hog barn, and a strawberry shack. Auction begins on February 22 and will run until March 19. On March 19 at 6PM CENTRAL TIME, there will be a live auction held at the American Legion - 203 S Washington St Wanatah, IN. There will be live and online bidding options - Online bidding may begin on February 22 but you may also bid online during the live auction. Sale is not contingent upon financing, appraised value, condition or any ...

Listing Details MLS# 816461

General Property Information

Lot Size Acres
75
Lot Size Square Feet
3267000
Lot Size Source
Assessor
Lot Size Dimensions
2640X1322
Association YN
No
Waterfront YN
No
Sold Price/Acre
17408
List Price/Acre
0

Property Features

Community Features: None Current Use: Agricultural; Farm Development Status: Raw Land Electric: Other Fencing: None Frontage Type: Other Listing Terms: Cash; Conventional Lock Box Information: SentriLock Lot Features: Agricultural; Farm Other Equipment: None Other Structures: None Pool Features: None Possession: Close Of Escrow Possible Use: Agricultural; Development; Farm; Plantable; Row Crops Road Frontage Type: County Road Road Surface Type: Paved Sewer: None Special Listing Conditions: Auction Utilities: None 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
Listing Service
Full Service
Seller to consider offering concessions
No
Occupant Type
Vacant

Location Tax and Legal

Street Number
611
Street Direction Prefix
E
Street Name
400
Street Direction Suffix
S
County
Porter
State
IN
Postal Code
46383

Remarks and Miscellaneous

Public Remarks
Property is being sold at auction in 2 tracts. There will be 2 preview dates: Feb 25 from 4-6 PM and March 8 from 11a-1p CENTRAL TIME. Tract#1offers 69.25 +/- acres of tillable farm ground and 5.75 +/- acres of wooded land. Perfect to start a new farm or expand your current operation. Potential building sites. Yield history available upon request. Tract 2 (MLS #816462 ) includes a 3 bed 1 bath farm house sitting on 5 +/- acres. Home has newer metal roof, well-maintained vinyl siding, and an attached 2 car garage. This property also features 3 large pole barns, a hog barn, and a strawberry shack. Auction begins on February 22 and will run until March 19. On March 19 at 6PM CENTRAL TIME, there will be a live auction held at the American Legion - 203 S Washington St Wanatah, IN. There will be live and online bidding options - Online bidding may begin on February 22 but you may also bid online during the live auction. Sale is not contingent upon financing, appraised value, condition or any other contingency. Buyer to have all financing lined up prior to the sale. Property is being sold as-is, where-is. If tracts are sold to two separate buyers, a survey will be done prior to closing. The cost of the survey will be split 3 ways between the 2 buyers and the seller. Buyer should have inspections and appraisals completed prior to the sale. All zoning and restrictions to be determined by the buyer. Registrations are first-come, first-served. Agents, have your buyers registered at least 72 hours prior to the auction.

Status Change Information

Major Change Timestamp
2025-05-13T22:22:06Z
Major Change Type
Status Change
Status Change Timestamp
2025-05-13
Offer Acceptance Date
2025-03-21
Close Date
2025-05-13
Close Price
1305600
Concessions
No
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
No

Auction

Online Bidding
Yes
Website URL
martinorealtyandauctioneers.hibid.com
Pre-Auction Offers Accepted
No
Auction Type
Reserve
Street Name/Number
203 S. Washington St.
City/State/Zip
Wanatah, IN. 46390
Auction Date
2025-03-19
Auction Time
6:00 PM CST
Buyer Premium YN
Yes
Buyer Premium Amount
2
Auctioneer License Number
AU12400016
Auctioneer Comments
Pre-bidding and Online bidding available at martinorealtyandauctioneers.hibid.com

Location, Tax, and Legal

Tax Annual Amount
1770
Tax Year
2025
Tax Legal Description
S1/2 Sw Ditch 24-34-5 80A Dr442 P500
Parcel Number
641324300004000008
Township
Morgan
Directions
From US 421, go West on 700 S. North on 650 E. West on 400 S. to property on the North side of the road.

Community Features

None
Yes

Electric

Other
Yes

Fencing

None
Yes

Frontage Type

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lock Box Information

SentriLock
Yes

Lot Features

Agricultural
Yes
Farm
Yes

Other Equipment

None
Yes

Other Structures

None
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Sewer

None
Yes

Special Listing Conditions

Auction
Yes

Utilities

None
Yes

View

Rural
Yes

Water Source

None
Yes

Current Use

Agricultural
Yes
Farm
Yes

Development Status

Raw Land
Yes

Possible Use

Agricultural
Yes
Development
Yes
Farm
Yes
Plantable
Yes
Row Crops
Yes
Listing Office: Martino Realty
Last Updated: May - 13 - 2025
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