209 +/- Acres Fully Pattern Tiled Westpoint Farm

Property Facts

Listing Number
JK2479209
Property Type
Farm Real Estate
Location
Westpoint, Indiana, Tippecanoe
Acres
209.749
Units
0
Price
3734000
Market
West Central
Broker
Johnny Klemme
Status
Closed – Won

Deal Description

If the selling price is over $17,000 per acre, the Broker shall receive all dollars above $17,000 per acre as commission from the Seller. In the event the total amount is more than 3% of the selling price the Seller and Broker shall split, 50/50 any amount over 3%. In the event the selling price is less than $17,000 per acre, the commission shall be paid as a buyer premium.

Property Description Comments

Rare Farm Holding w/ Exceptional Soils. Strong ROI. Market Access, Water Availability, & Location.

Property Details

Whether you are adding to your farmland investment portfolio, or seeking to acquire top quality soils w/ maximum productivity improvements, the Gardalyn Farm Holding offers every investor or farm operation a rare opportunity in Tippecanoe County, Indiana, the home of world-renowned Purdue University.

Land Features

209+/- Total Acres that is fully pattern tiled, the Gardalyn "Banta" farm is available for sale as an entire package or the opportunity to divide to suit your investment goals.

  • Known as the Banta Farm is 209+/- Acres | Surety WAPI 164.5

Fully Pattern Tiled

Strong ROI Cash Rent for 2024

Open Lease for 2025

Rare opportunity to acquire a full system tiled farm holding in West Central Indiana.

Values and Attributes

Soil Quality. Water Availability.

Market Access. Climate

With a significantly productive soils across the entire farm holding, a complete pattern tile system in place and strong ROI cash rent for 2024, the Gardalyn farm presents a unique opportunity for any land investor, farm management firm, or local farm operation.

Located near the Teays River Aquifer, world-renowned Purdue University, and with close access to several unique markets (Cargill, Tate & Lyle) railroad lines, and strong local farm operations, this unique farmland portfolio 'checks the boxes' for investment criteria in terms of size, scope, hold value, and more.

Surety WAPI Soil Averages

  • 164.5

NCCPI Soil Indexes

  • 91.5

2024 Cash Rent at $416 per tillable acre

Open Lease for 2025 crop year

Tippecanoe County consistently is ranked in the Top 10 in the United State for growth, housing, job opportunities, and more. With proximity to markets for crops, strong local farm operators, and more, this farmland holding is both dynamic and competitive.

Legal Description and Taxes

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Directions

From Lafayette, Indiana: Follow US 231 S / US-52 E to IN-25. Turn right (south/southwest) onto IN-25. Continue on through Shadeland. Turn left (south) onto CR 375 W. Follow for 1.3 miles. Turn right (west) onto Sleeper Road. Follow for 1.2 miles. Turn right (west) onto CR 600 S. Farm will be on your left (south) side in approximately .8 miles.

Broker Contact

Email: johnny@gfarmland.com | Office: 7654271619 | Mobile: 7654271619