550 N US 31, Rochester, IN 46975

AUCTION- 193.94 ACRES IN 4 TRACTS- ROCHESTER, INDIANA

AT AUCTION -193.94 ACRES ♦ 4 TRACTS ♦ FULTON COUNTY ♦ ROCHESTER SCHOOLS TRACT 1: 15.75 +/- acres with 2,258 sq. ft. 2-story house, 5 bedrooms, 1.5 bathes, septic, well, electrical and roof needs repaired; 32×60 chicken house and other outbuildings, woods and large pond. TRACT 2: 16.14 +/- acres with 2 older outbuildings, partially wooded, would make a great building site TRACT 3: 3.3 acres all wooded at the corner of 550 N and U.S. 31 TRACT 4: 158.75 acres with approx. 100 acres tillable, Comcast tower lease included with property. Buyer to receive payment beginning March 31, 2023 for $15,000 lease that is good for 4 more years and has been in place and renewed since the '70s. Lease payment goes up approx. $600 each year. March 31, 2027 payment is $17,547.88. This is a nice large tract of land with road frontage on 550 N and 600 N. Possession of Farmland is Immediate. THIS PROPERTY WILL SELL AT AUCTION ON MARCH 29TH AT 6 PM. THE PRICE IS JUST A SUGGESTED STARTING BID.