Real Estate Auction

118.76+ Total Acres – 73+ Tillable Acres
Pastures – Creek – House – Barns

4217 E. State Road 234, Ladoga, IN 47954

Scott Township – Montgomery County – West of Ladoga
Offered in 2 Parcels & in its Entirety

 Wednesday, April 17th, 6:30 p.m. 

Auction to be held at the Old Normal Hall Banquet Facility,
100 N. Harrison St., Ladoga, IN 47954 (NWC of SR 234 & Harrison St.)

  OPEN HOUSES:
Tuesday, April 2nd, 5:00-7:00 p.m.
Tuesday, April 9th, 5:00-7:00 p.m.

Parcel 1:  19+ acres; pasture; house built approx. 1940 with approx. 1,422 sq.ft. of living area, updated roof, updated gutters, partially updated vinyl windows, crawl space, covered front porch, living room, hall, dining room, kitchen, laundry room, three bedrooms, updated full bathroom, updated gas furnace with central air conditioning, 100 amp fuse box, gas water heater, attached 2+ car garage, private well, & 7 year old septic tank with lateral line to creek; bank barn approx. 3,744 sq.ft. main level & approx. 3,744 sq.ft. lower level; barn/corn crib approx. 2,160 sq.ft.;shed/detached garage approx. 240 sq.ft.

Parcel 2: 99.76+ acres; 73+ tillable acres; pasture; Big Raccoon Creek.

Farm to be offered in 2 parcels & in its entirety,
selling in the manner resulting in the highest
total gross auction price

Directions to Farm: Take SR 234 west from Ladoga to the farm at 4217 E. SR 234, Ladoga, IN.

Directions to Auction Site: Old Normal Hall Banquet Facility, 100 N. Harrison St., Ladoga, IN, at northwest corner of SR 234 & Harrison St.

TERMS OF AUCTION
TERMS: Purchaser to pay 10% down day of auction with balance due on or before May 17, 2024.
TAXES: Real estate taxes to be prorated to day of closing.
SURVEY: Survey to be provided by the seller, if applicable.
FINAL BID: Property to sell subject to final approval of the estate/trust representatives.
POSSESSION: Subject to tenant’s rights with cash rent for 2024 growing season to be prorated to day of closing. Possession of tillable land upon harvest of 2024 crops.  Possession of improvements and pastures day of closing.
IMPROVEMENTS: All improvements to be sold in “AS IS” condition.
INSPECTIONS: Call LAWSON & CO. at 317-745-6404 to schedule an appointment to inspect the property, or visit the Open Houses.

 [prettyfilelink size=”” src=”https://www.lawsonandco.com/wp-content/uploads/2024/03/McMULLEN-RE-sale-bill-2024.pdf” type=”pdf”]Click Here to View the Auction Brochure[/prettyfilelink]

Click Here to View Photos

Owner:  Estate of Howard M. McMullen & HMM Asset Protection Trust
Personal Representative & Trustee: Kenneth L. McMullen
Attorney: Dori Brauman Moore, Brownsburg, IN

LAWSON & CO.
Auctioneers & Real Estate Professionals 

 Jack Lawson, AU01000629 – Brandon Lawson, AU19300138
P.O. Box 327 – 1280 E. Main Street – Danville, IN 46122
Phone (317) 745-6404 / Fax (317) 745-7810 / AC31300014