LACONIA REAL ESTATE AUCTION
395 ACRES-THREE TRACTS
EXCELLENT LIVESTOCK FARM
AMAZING HUNTING/RECREATION
TWO HOMES-BARNS-CREEK FRONTAGE
ONLINE ONLY
BIDDING ENDS MARCH 22
ADDRESS: 8515 Otterbein Rd SE, Laconia, IN 47135
Just 14 miles south of Corydon or 11 miles north of Brandenburg!
REAL ESTATE: A rare opportunity to purchase a historic 395+ contiguous acreage farm that has been family owned for 65+ years! Deer Haven Farm is located in southern Harrison County just 14 miles south of Corydon, or 38 miles west of Louisville! The land features: 395+ well-maintained acres, of which 203 +/- acres (per FSA) are gently rolling pasture/open land and 138.6 +/- acres of Classified Forest, estimated timber value of $****, 4200+ of Buck Creek frontage, 8300+ of road frontage on Otterbein Rd, four ponds, natural cave/springs, 3 income producing natural gas wells, 5+ acre Pine forest, completely fen...
REAL ESTATE: A rare opportunity to purchase a historic 395+ contiguous acreage farm that has been family owned for 65+ years! Deer Haven Farm is located in southern Harrison County just 14 miles south of Corydon, or 38 miles west of Louisville! The land features: 395+ well-maintained acres, of which 203 +/- acres (per FSA) are gently rolling pasture/open land and 138.6 +/- acres of Classified Forest, estimated timber value of $****, 4200+ of Buck Creek frontage, 8300+ of road frontage on Otterbein Rd, four ponds, natural cave/springs, 3 income producing natural gas wells, 5+ acre Pine forest, completely fenced acreage, & an abundance of wildlife. Highlights of the improvements include: 1993 built 3BR/2.5BA country farm house, an 1880 built 2-story farmhouse, 1997 built 30x80 shop with office, 1999 built Quonset 30x100 building, 24x36 horse barn with stables, 25x75 open machinery shed, & multiple farm buildings. An excellent existing livestock farm or secluded recreational property!
FARM HISTORY: Originally established by the Reed & Roby Families in the mid 1800s, it was then purchased by Mrs. Pearcys father in October of 1953. This farm was then used as a cattle feed lot operation, running 2000+ head of cattle per year. Due to the abundance of natural water, & combined with the large natural limestone floor feedlot, it suits itself very well to a large livestock operation.
HISTORICAL INFO: Property adjoins the well-known Squire Boone Caverns that was discovered by Daniel & Squire Boone in the late 1700s. Also, on the northeast corner of this farm, the adjoining site of Frakes Mill was one of the Civil Wars Morgans Raiders first stop on July 8, 1863 on their way to the Historic Battle of Corydon. This property also includes the Reed Cemetery that was founded in the 1850s. This farm was a combination of the Reed & Roby Farms as far back as the mid 1800s.
TRACT #1: 45+/- acres & improvements. Farm House features: 1993 custom built 1.5 story country farm house, 3BR/2.5BA, 2345 SF above ground, 1122 SF finished walkout basement, open layout, hardwood flooring, large custom kitchen with island, oak cabinetry, large sunroom with wood-burning stove, stone fireplace, security camera system, amazing wraparound porch, a low maintenance green metal roof, central air/heat, & an underground LP fuel tank. Additional building features: 97 built 30x80 shop (concrete floors, office, partial second floor), modern 24x36 horse barn (2 large stables & tack room), & a 25x75 open machinery shed. Land features: 19.9 +/- acres of pasture/open land (per FSA) with remainder in woods (of which 20 +/- acres are Classified Forest), 1700+ of Buck Creek frontage, wood board fencing, large pond with aerator to keep water open all winter for wildlife, pond is stocked with Channel Catfish/Bass, and great views of surrounding farm land!
TRACT #2: 85 +/- acres & improvements. Farm House features: 1880 built two story farm house that was restored in the 1990s, 1866 SF, 3BR/2BA, central air, LP forced air furnace, outdoor wood furnace. Additional building features: 22x26 detached garage, 99 built 30x100 Quonset building, (3) small grain bins, (3) large concrete silo (1-solid & 2-staves). Land features: 55.8 +/- acres of pasture/open land (per FSA) with remainder in woods (of which 9 +/- acres are Classified Forest), 1150+ of Buck Creek frontage, two ponds, completely fenced, & property lies on both sides of Otterbein Rd.
TRACT #3: 265 +/- acres. Land features: 127.3 +/- acres of pasture/open land (per FSA), remainder of acreage is wooded (with 109.7 +/- acres Classified Forest), 1400+ of Buck Creek frontage, 1900+ of road frontage on Otterbein, well maintained rock roads throughout tract, & all land in tract #3 is located west of Otterbein. NOTE: no improvements on this tract.
TO DO: Specify exact amount of acreage & road frontage within each tract after we obtain survey info!
TIMBER APPRAISAL: Current detailed timber appraisal coming soon!
ROAD FRONTAGE/ACCESS/POTENTIAL DIVISIONS: The property on the west side of Otterbein Rd has approx. 4500+ of road frontage & the property on the east side of Otterbein Rd has approx. 3800+ of road frontage. Property is eligible for multiple splits.
MINERAL RIGHTS: All mineral rights are included in this property, but are currently leased with Breitburn Operating LLP. New buyer will receive all royalties from said property. The site includes three income producing wells. Approximate 2015 income was $1989.
SURVEY FEES: No survey fees apply is property if sold to a single buyer. If there are multiple buyers, the following surveys fees apply for each tract: TBA
WILDLIFE/HUNTING INFO: This property is well suited for hunters and wildlife enthusiasts, daily viewing of turkey, squirrel, rabbit, quail, dove, and whitetail deer! Due to existing creek frontage, terrain of the land, and the efforts of Mr. & Mrs. Pearcy the abundance of wildlife and deer is amazing! Thus the farm name of Deer Haven Farms!
FSA INFO: 203.04 +/- cropland acres (Tract #1: 19.9 acres, Tract #2: 55.8 acres, Tract #3: 127.3 acres)
SOIL DATA SHEETS: Visit website under view documents tab for soil data maps.
POSSESSION/CLOSING INFO: Possession at closing on all real estate.
UTILITY PROVIDERS: Internet-Frontier, Electric-Harrison REMC & Water-South Harrison Water Corp
INSPECTION: Thurs. March 3 4-6 pm and Thurs. March 17 4-6 pm
PERSONAL PROPERTY AUCTION: Sat. March 5 10 AM-LIVE EVENT
LEGAL DESCRIPTION: PT E SW 18-5-4 8.227 AC; SURVEY ON FILE 7-20-92, PT SW (95.455 REVISED CLASS FOR & WILDLANDS; 3-3-08) 18-5-4 286.451 S PT NW 18-5-4 19.33 (18.54; REVISED CLASS FOR & WILDLANDS 3-3-08) AC CHANGED; BY SURVEY 6-14-95, PT NW1/4 NW QR 19-5-4 74.253; (19.62 REVISED CLASS FOR & WILDLANDS 3-3-08); ACREAGE CHANGED BY SURVEY 6-14-95 TO 74.253 and PT SE QR 13-5-3 7.487; (4.985 REVISED CLASS FOR & WILDLANDS 3-3-08); SURVEY ON FILE 6-14-95
TAXES: $3192 per installment for entire property (based on current owner exemptions). See tax record (under view documents tab) for break-down of taxes per parcel ID number
PARCEL ID: 31-18-18-300-002.000-003, 31-18-18-300-001.000-003, 31-18-19-100-002.000-003 and 31-17-13-400-003.000-009
REFERENCE POINTS: Louisville KY-38 miles; Corydon, IN-14 miles; Brandenburg, KY-11 miles
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information