• COUNTRY HOME BUILDING SITES • TILLABLE, OPEN CROPLAND • GREAT MIX OF SOILS INCLUDES BLOUNT AND PEWAMO • ESTABLISHED WATERWAYS IN PLACE • ATTRACTIVE RECREATIONAL USE WITH FRONTAGE ON THE WABASH RIVER • EXCELLENT ACCESS WITH FRONTAGE ON TWO ROADS • 2026 CROP RIGHTS TO BUYER

LAND AUCTION - 70+/-ACRES OFFERED IN 4 TRACTS IN JAY COUNTY, INDIANA
N 700 E, New Corydon, IN 47326 - Jay County, Indiana
Owner: Joe DeBolt Wed, Mar 25, 2026 EASTERNAUCTION IS OVER
TOTAL SOLD: $1,480,000
| Tract(s): 1-3 | @ $1,060,000 | ($27,895/acre) |
| Tract(s): 4 | @ $420,000 | ($13,125/acre) |
OPEN HOUSE/INSPECTION DATES
Thursday March 5, 2026 from 10-11am
Saturday March 14, 2026 from 10-11am
Thursday March 19, 2026 from 10-11am
PROPERTY LOCATION
N 700 E, New Corydon, IN 47326
From Bryant: Travel east on SR 67 approx. 6 miles to CR 700 E, then north (left) 1 3/4 miles to Tracts 1, 2 & 3. For Tract 4, travel back south to CR 800 N, then east (left) 1/2 mile to CR 750 E, then north (left) to Tract 4 along CR 750 E.
AUCTION LOCATION
Bryant Community Center
107 S Malin St, Byrant, IN 47326
From near the south edge of Bryant, travel east on Wilson St 2 1/2 blocks to
the auction site.
PROPERTY DESCRIPTION
70+/-acres of productive tillable land.
TRACT DESCRIPTIONS
Tract 1: 5.2± ac mostly tillable parcel with frontage along CR 700 E. This is prime small acreage with mostly tillable land and convenient road frontage. Ideal for a home site and endless small-farm possibilities.
Tract 2: 15.5± ac nearly all-tillable tract offering frontage along CR 700 E. The picturesque driveway leads to the secluded former homesite location. Combine with Tracts 1 and/or 3 for endless possibilities.
Tract 3: 17.2± ac with approximately 11+/- acres of tillable land, this parcel offers the perfect blend of home building potential, productive farmland and riverfront recreational use. Ideal to combine with Tract 2 for a larger holding. Enjoy convenient access along CR 700 E while exploring all this tract has to offer.
Tract 4: 32± ac nearly all-tillable acreage with convenient access along CR 750 E and scenic river frontage makes this rare tract perfect for farming, hunting, fishing, or long-term investment.
TRACT MAP(S)

AREA MAP(S)

PROCEDURE: The property will be offered in 4 individual tracts, any combination of tracts and as a total 70-acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete.
DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of cashier's 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.
ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into Purchase Agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers' acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owner's title insurance policy in the amount of the purchase price.
DEED: Seller shall provide Trustee's Deed(s).
CLOSING: The targeted closing date will be approximately 30 days after the auction.
POSSESSION: At closing. 2026 crop rights transfer to the Buyer(s).
REAL ESTATE TAXES: 2025 Real Estate taxes due 2026 will be paid by the Seller. Buyer(s) will be responsible for all taxes thereafter. Real Estate taxes estimated at approximately $22/acre, paid in 2025.
PROPERTY INSPECTION: Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder's safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.
ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Seller's option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only.
AGENCY: Schrader Real Estate and Auction Company, Inc. and its representatives are exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting their own independent inspections, investigations, inquiries, 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. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.