Sold
Leesburg & Warsaw, Indiana · Owner: Richard & Peggy Klopenstein
| Tract(s) | Sold for | Per acre |
|---|---|---|
| 1-4 | $1,050,000 | $5,528/acre |
These are real results from this sale, not estimates. Ask Gary Bailey, who managed this auction, what your land would bring in today's market. There is no obligation.
Walk over or call the sale managers for private inspections.
Tract 1: On the north edge of Leesburg on SR 15.
Tract 2: From SR 15 on the south edge of Leesburg, turn east on CR 600 N to Old SR 15 then turn south to CR 575 N, then turn east to the farm on the south side.
Tracts 3 & 4: On SR 15 in Warsaw north of US 30 turn east on CR 350 N (at Othy) 1.5 miles east to CR 100 E then turn south 1/2 mile to CR 300 N, turn east to farm on south side of road. For Tract 4 continue past Tract 3 to CR 175 E turn south 1/2 mile to Tract 4 on the west side just past Osborn Rd.
The Leesburg Elementary School in Leesburg at the intersection of Armstrong Road and Old State Road 15.
The land totals 189.93 acres according to information taken from Kosciusko County records. You are closing on acreage according to county records.
| Tract | Acres | Description |
|---|---|---|
| 1 | 36.4± | Nearly all productive, tillable acreage and 81 ft. x 80 ft. steel storage building, clear span steel rafters and on I-beam frame, roof replaced 5 years ago with road frontage on SR 15. Parcel ID: 029-030-001.A. |
| 2 | 70.6± | Nearly all productive tillable land on CR 575 N. Parcel ID: 029-061-006. |
| 3 | 61.9± | All open and tillable land. Road frontage on CR 300 N. Parcel ID: 029-134-001. |
| 4 | 20± | Mostly tillable productive land and potential building site. Road Frontage on CR 175 E. Combine Tracts 3 & 4 for 81.93 total acres. Parcel ID: 029-133-002.AAA. |







PROCEDURE: Tracts 1-4 will be offered in individual tracts, any combination of tracts or on the entire property. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.
DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashierÃ