LAPORTE COUNTY, IN LAND AUCTION - A REVOCABLE TRUST
Thursday, September 17, 2026 - 1:00 PM Central/2:00 PM Eastern
Auction to be conducted as a live, online auction. If you need assistance with internet bidding, please contact our office at
LOCATION
La Porte County, Indiana
This farm and custom-built home are located 6.7 miles west of Walkerton, Indiana, south of State Road 6, between South County Road 550 East and South County Road 600 East. The entrance to the home is at 5729 East County Road 1000 South. The property can also be easily accessed from State Road 35 by heading east on CR 1000 for 4 miles. The farm is further described as being in Section 24, T35N-R2W, Union Township, Laporte County, Indiana.
SELLER
A Revocable Trust in LaPorte County, IN
MANAGED BY
Tom James (317) 752-5781
OPEN HOUSE
Physical Address: 5729 East 1000 South, Walkerton, Indiana 46574
Friday, September 4 • 3:00 PM-6:00 PM EST
Saturday, September 12 • 10:00 AM-2:00 PM EST
GENERAL INFORMATION
117.5 acres± (subject to survey) • 3 tracts
This is an opportunity to buy a beautiful, custom-built and well-appointed country home with a workshop in a very quiet and peaceful area, along with the option of purchasing additional highly productive tillable farm acres. This home is a must-see, and buyers are highly encouraged to inspect the home during one of the two open house opportunities.
TRACT INFORMATION
Tract 1 – 76.0 acres± (subject to survey)
- FSA records indicate 71.71 tillable acres - 34.98 acres in CP23 CRP paying $300/acre, expires 9/30/38
- The balance of the acres is in a 2.4-acre pond and a drainage ditch, with trees and brush along the south and east borders
- NCCPI (average): 80.4
- Property taxes are approx. $2,395.00/year
- Access is from the west from South County Road 550 East
Tract 2 – 38.0 acres± (subject to survey)
- FSA records indicate 32.18 tillable acres
- The balance of the acres is a drainage ditch and brush along the north and west borders
- NCCPI (average): 73.9
- Property taxes are approx. $1,197.00/year
- Access is from the south from County Road East 1000 South
Tract 3 – 2.0 acres±
- Physical Address: 5729 East 1000 South, Walkerton, Indiana 46574
- 1 ¾ story home built in 1979
- Home features 2 bedrooms and 2 full baths (3,008 sq. ft.)
- All appliances remain with the home
- Improved with 24’ x 36’ pole barn built in 1989
- Evergreen privacy borders accent the home and yard
- Property taxes are approx. $1,865.00/year
- Open Houses: Friday, September 4 – 3:000 PM – 6:00 PM EST and Saturday, September 12 – 10:00 AM – 2:00 PM EST
METHOD & TERMS
Tracts 1 & 2 will be sold on a price per acre basis, based on surveyed acres through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be sold. Tract 3 will be sold last for a lump sum total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing in approximately 30 days on or before October 16, 2026.
Seller will provide title insurance in the full amount of the purchase price. The seller will pay the 2026 taxes, due and payable in 2027, which will be prorated to the day of closing and held in escrow. Tract 1 & Tract 2 sell subject to a lease agreement for the 2026 & 2027 crop season, contact auction manager for details. Possession will be given at closing for Tract 3.
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.
All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold “AS IS”.
Auction Manager:
Tom James (317) 752-5781