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4250 W 500 Rensselaer, IN 47978
1,284,541 SqFt
Open House
Tue May 05, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,284,541 sqft
MLS Listing ID 836800
Annual Tax Amount $382
Tax Year 2025
Lot Size 29.489 Acres
Acres 29.489
Property Sub-Type Unimproved Land
Property Description
Online Only Real Estate Auction. Bidding begins closing May 19, 2026 at 6:00 PM CT. 29.489+/- acres of vacant land located at approximately 4250 W 500 N, Rensselaer, IN, in Jasper County, Walker Township, Kankakee Valley School Corporation. The property consists of approximately 29.7 FSA tillable acres and is currently in agricultural production. The land is leased for the 2026 crop year. Buyer to receive 2026 farm income. Possession subject to tenant rights. The tract offers approximately 1000 feet of frontage along W 500 N with multiple potential access points. Topography is gently rolling. Soils include Oakville fine sand, Mussey mucky sandy loam, Brems loamy sand, Morocco loamy sand, and Adrian muck, with a weighted NCCPI of 46.6. Zoned A1 Conservation Agricultural. Permitted uses include agricultural production and a single family residence or farmstead. Other uses may be permitted or allowed by special exception per Jasper County zoning ordinance. Buyers should verify all intended uses with the county. Electric is available at the road. Well and septic would be required for residential use. Located approximately 1.25 miles east of US 231 and 4 miles west of IN 49, offering access to regional transportation routes. Surrounding area consists primarily of agricultural land with scattered residential homes. The adjoining approximately 20 acre property with a residence, under the same ownership, is intended to be offered separately in 2027. Bidding is offered online only at the auction company's website. Bidding is now live and continues until auction end on May 19th, with a soft close beginning at 6:00PM CDT.
Location
State IN
County Jasper
Zoning Agriculture
Interior
Fireplace N
Exterior
View Y/N true
View true
Building
Lot Description Private, Modular Allowed, Rectangular Lot
Schools
School District Kankakee Valley
Others
Tax ID 371332000007000032
Acceptable Financing NRA20260409204556428859000000
Listing Terms NRA20260409204556428859000000
Listed by Kraft Real Estate Auctions, LL • Kelsey Koomler