81 E 1050 S, Kouts, IN 46347
$3,536,000
Property Type:
Land
Lot Size (sq. ft.):
13,237,056
Status:
Closed
Current Price:
$3,536,000
List Date:
9/15/2025
Last Modified:
12/02/2025
Listing Details MLS# 827775
General Property Information
- Lot Size Acres
- 303.881
- Lot Size Square Feet
- 13237056.36
- Lot Size Source
- Assessor
- Association YN
- No
- Waterfront YN
- No
- Sold Price/Acre
- 11636.17
Property Features
Current Use:
Agricultural; Farm; Row Crops
Electric:
200+ Amp Service
Listing Terms:
Cash; Conventional
Lot Features:
Few Trees; Private
Other Structures:
Barn(s); Shed(s); Storage
Possession:
Close Of Escrow; Subject To Tenant Rights
Possible Use:
Agricultural; Farm; Hunting; Investment; Recreational; Residential; Row Crops
Sewer:
None
Special Listing Conditions:
None
Utilities:
Electricity Connected
View:
Rural; Trees/Woods
Water Source:
Well; Other
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
- 81
- Street Direction Prefix
- E
- Street Name
- 1050
- Street Direction Suffix
- S
- County
- Porter
- State
- IN
- Postal Code
- 46347
Remarks and Miscellaneous
- Public Remarks
- 303.881± Acres of Irrigated Porter County Farmland - Offered in 3 Tracts An outstanding opportunity to purchase high-quality irrigated farmland in Pleasant Township, Porter County, Indiana. This farm consists of 303.881± total acres and will be offered in three tracts with the flexibility to purchase individually, in combination, or as a whole. The land is predominantly tillable with Valley and Hydrus irrigation systems in place, offering strong production potential. With no lease beyond the 2025 harvest, the buyer will have full possession for the 2026 crop year. Property Details: Tract 1 - 135.451± Acres (132± Tillable) • Irrigation: 7-tower Valley pivot, approx. 1,252 ft long • Soils: Primarily Tyner and Maumee loamy sand Tract 2 - 76.65± Acres (65.93± Tillable) • Irrigation: 1 three-tower Valley pivot (approx. 600 ft) and 1 five-tower Valley pivot (approx. 650 ft) • Soils: Primarily Gilford sandy loam and Maumee loamy sand • Improvements: 96' x 32' x 14' barn with 18' x 96' x 10' lean-to and 24' x 60' concrete silo Tract 3 - 91.78± Acres (84.46± Tillable) • Irrigation: 1 four-tower Hydrus pivot (approx. 641 ft) and 1 seven-tower Hydrus pivot (approx. 1,016 ft) • Soils: Primarily Suman silt loam, Brems sand, and Gilford sandy loam • Improvements: Two concrete silos (12' x 40') • Special Note: The above-ground components of the 7-tower pivot convey; underground components remain with the neighboring landowner, and the buyer will need to negotiate continued use or alternatives. Auction Details: The property will be offered at public auction on Thursday, October 30th at 6:00 PM CT in a live simulcast multi-parcel format. Buyers will have the opportunity to purchase any individual tract, any combination, or the entire farm.
Status Change Information
- Major Change Timestamp
- 2025-12-02T16:56:26Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2025-12-02
- Offer Acceptance Date
- 2025-10-30
- Close Date
- 2025-12-01
- Close Price
- 3536000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Exemption Information
- Exemption YN
- No
Auction
- Online Bidding
- Yes
- Website URL
- https://bid.kraftauctions.com/auctions/293/landing
- Pre-Auction Offers Accepted
- No
- Auction Type
- Reserve
- Street Name/Number
- 48 N 450 E
- City/State/Zip
- Valparaiso, IN 46383
- Auction Date
- 2025-10-30
- Auction Time
- 6:00 PM CT
- Buyer Premium YN
- Yes
- Auctioneer License Number
- AU10500173
- Auctioneer Comments
- Buyer's premium 4%
- Buyer Premium Amount
- 0
Showing Requirements
- Showing Instructions
- Properties are available for viewing during daylight hours. Please be mindful of any farming operations and do not damage crops or block access for the tenant farmer.
Location, Tax, and Legal
- Tax Annual Amount
- 8898.91
- Tax Year
- 2024
- Tax Legal Description
- S330 N680 EX W660 NW NE 25-33-6 5A, N350 EX W660 NW NE 25-33-6 5.45A DITCH, NW NE EX N680 EX S135 W322.67 25-33-6 18.25A DITCH, NE NE & SW NE EX S355 W635 EX N411.74 W440 25-33-6 70.661A DITCH, SE NE 25-33-6 31.68A DITCH DR494 P430, PLEASANT MINOR SUB 1859-D-1 LOT 1 2.46A DITCH, PLEASANT MINOR SUB 1859-D-1 LOT 2 1.95A DITCH, PAR IN NW SE 1.03A DITCH 25-33-6, NE SE& S30AC NW SE EX S590 N918 W554 25-33-6 EX PTS SLD 47.86A DITCH, S1\2 SE N OF CREEK 25-33-6 EX PT SLD 27.76A DITCH, S1/2 SE LYING S OF CREEK 25-33-6 51.78A DITCH, NE NE 36-33-6 40A DITCH
- Parcel Number
- 641525201010000013
- Additional Parcels YN
- Yes
- Additional Parcels Description
- 64-15-25-201-008.000-013, 64-15-25-226-001.000-013, 64-15-25-201-011.000-013, 64-15-25-276-001.000-0
- Township
- Pleasant
- Directions
- From Kouts, head S on IN-49. Turn R onto E 1050 S and continue 1.1 miles. Tract 1 is on the N side of the road; Tract 2 on the S side. Tract 3: continue 0.4 miles to S 50 E and turn L. Go S 0.4 miles, cross Crooked Creek, field entrance to east side.
Electric
- 200+ Amp Service
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Few Trees
- Yes
- Private
- Yes
Other Structures
- Barn(s)
- Yes
- Shed(s)
- Yes
- Storage
- Yes
Possession
- Close Of Escrow
- Yes
- Subject To Tenant Rights
- Yes
Sewer
- None
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Electricity Connected
- Yes
View
- Rural
- Yes
- Trees/Woods
- Yes
Water Source
- Well
- Yes
- Other
- Yes
Current Use
- Agricultural
- Yes
- Farm
- Yes
- Row Crops
- Yes
Possible Use
- Agricultural
- Yes
- Farm
- Yes
- Hunting
- Yes
- Investment
- Yes
- Recreational
- Yes
- Residential
- Yes
- Row Crops
- Yes
Listing Office:
Kraft Real Estate Auctions, LL
Last Updated: December - 02 - 2025
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