OLO 68.267+/- Acre Farm Land Auction - Jasper County
Open House: April 1, 2026 | 3:00–5:00 PM CT
Online Only Real Estate Auction
Bidding Begins Closing April 16, 2026 at 6:00 PM CT
68.267± Acres Productive Jasper County Farmland
Located approximately 1500 N 350 W, Rensselaer, IN
Jasper County | Barkley Township | Rensselaer Central School Corporation
Open House: April 1, 2026 | 3:00–5:00 PM CT
This 68.267± acre farm represents quality, productive farmland in a strong agricultural corridor of Jasper County. With 66.24 FSA tillable acres, established tile drainage, and excellent road access, this property is well-suited for a local farmer looking to expand or an investor seeking stable, income-producing land.
97% of the acreage is in active production, offering efficiency, scale, and straightforward farmability.
Highly Productive Tillable Acres
The farm includes 66.24 FSA tillable acres with an NCCPI rating of 61.1, reflecting solid overall soil productivity.
Predominant soils include:
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Drained Houghton muck
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Watseka-Maumee loamy sands
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Oakville sand
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Zadog-Maumee loamy sands
The farm is tile drained, supporting improved water management and crop performance. The Oliver Ditch borders the property along the south boundary, providing a natural drainage outlet.
With approximately 97% tillable acreage, this tract maximizes return per acre and minimizes non-productive ground.
Zoning: Conservation Agricultural
Zoned Conservation Agricultural, the property supports traditional row crop production and long-term agricultural use within Jasper County’s rural planning framework.
Access & Farm Efficiency
The property offers substantial frontage along N 350 W, allowing convenient access for large farm equipment and grain hauling.
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Electric service available along the roadway
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No 2026 farm lease in place
Possession will be granted at closing, giving the buyer full control for the 2026 crop year.
Strategic Grain Market Access
The farm is positioned within a competitive grain marketing area, providing multiple delivery options:
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8.3 miles to Wheatfield Grain Co. (Rensselaer)
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6.1 miles to ADM Parr location
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15.6 miles to Wheatfield Grain Co. (Wheatfield)
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15.5 miles to Tate & Lyle
Strong elevator competition enhances long-term marketability and operational flexibility.
Excellent Regional Location
Conveniently located:
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0.18 miles north of IN-14
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2 miles east of US-231
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3.47 miles west of IN-49
The combination of rural setting and strong highway connectivity supports both operational efficiency and long-term land value stability.
A Straightforward, Quality Farmland Investment
Quality, well-maintained farmland with this percentage of tillable acres is increasingly difficult to secure. With 66.24 productive acres, established drainage, accessible road frontage, and no lease encumbrances, this farm presents a clean buying opportunity.
Whether as a first farm, a strategic expansion for a local operator, or a long-term addition to an agricultural investment portfolio or 1031 exchange, this tract offers productivity, accessibility, and enduring value.
Owner: Marlene J. Streitmatter Estate
General Terms: 10% non-refundable down payment due within 24 hours of auction closing, sold as-is, closing in 30 days, possession at closing, Personal Representative Deed, taxes pro-rated and final to day of closing, and subject to a 5% buyer’s premium. Buyer broker participation is welcome. 2024 payable 2025 taxes: $770.01.
Kraft Real Estate Auctions, LLC - AC31900011
Col. Conrad Kraft- AU01023657
Jonathan Kraft – AU10500173
Kraft Land and Farm Manager: Kelsey Koomler 219-608-4341
219-973-9240 ~ Info@KraftAuctions.com
KraftAuctions.com
DOWN PAYMENT: 10% down payment within 24 hours of auction closing and with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
BUYER`S PREMIUM: A buyer's premium of 5%, will be added to the final bid price of the property.
APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements within 24 hours following the close of the auction.
DEED: Seller shall provide a personal representative deed.
EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place in 30 days, or sooner, if able.
POSSESSION: At closing.
REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing
ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.
SURVEY: There shall be no survey.
EASEMENTS: The sale of the property is subject to any and all easements of record.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final.
ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.
