Indiana

Sold

97.5± Acres in Montgomery County, IN

$1,100,000

Montgomery County, IN

97.5± acres

Sold!

Agent Info

Kyle Rule

Land Broker

kyle.rule@acrepro.com

(765)-586-3428

Kyle Spray

Designated Managing Broker

kyle.spray@acrepro.com

765-775-6502

Neal Herr

Land Broker

neal.herr@acrepro.com

765-437-9468

Property Description

This 97.5± acred property offers great agricultural potential in Montgomery County, Indiana. This property offers 90.85 +/- FSA tillable acres, 5.12 +/- FSA CRP acres paying $300/ac. with an annual payment of $1,536 and has been very well maintained and cared for. The yield information can be found below. The estimated property taxes are ~$2,400A few property highlights to note:

Highly productive soils
Ample road frontage
Income-producing CRP contract

Yields

2022 corn – 204, beans – 61
2021 corn – 215, beans – 59.8
2020 corn – 222, beans – 57.6

*This property is being co-listed with Jay Allen of Allen Auction & Real Estate.

Detailed Property Map

Property Documents

Legal Description

Found within Section 26 & 27 of Ripley Township, Montgomery County, Indiana. To be obtained from title work.

About Kyle Rule

Over his distinguished career in Indiana and Illinois real estate, Kyle Rule has built a business that truly reflects our vision: Buying and selling land becomes common, transparent, and easy. Kyle’s involvement in over $500 million worth of land transactions over the last decade has provided him with a wealth of experiences and gained knowledge in both the buying and selling processes. Kyle Rule was born and raised on a small farm in central Indiana. After graduating from Purdue University, Kyle spent five years in education and coaching while starting his family with his wife Cheyenne, and daughters Kalli, Kennedy, and Kinley, and his son Palmer. He received his accreditation (AFM) through the ASFMRA in 2016, and he has professionally managed up to twenty thousand acres across Indiana and Illinois. Kyle brings many unique qualities, skills, and a visionary mindset to the farmland transaction arena that sets him apart from others and gives his clients an upper hand in accomplishing their goals and objectives. Additionally, he has developed a vast and deep network within the farmland and agriculture sector that provides further confidence in placing your trust in him and his team.

Kyle Rule

Land Broker

kyle.rule@acrepro.com

(765)-586-3428

About Kyle Spray

Kyle Spray is a licensed real estate agent in the states of Illinois and Indiana, and is an Accredited Farm Manager through the American Society of Farm Managers and Rural Appraisers. Spray began his career in real estate in 2019 after a fifteen year career in public education. Since 2019, he has facilitated over 8,500 acres of land sales transactions, primarily focused on row crop farms. Spray’s creative, cutting edge ability to meet the needs of his various agricultural clients is met with overwhelming success. Kyle Spray has been married to his wife, Alicia Spray, since 2009, and together they have two daughters, Brooklyn and Audrey. When Spray is not working, he and Alicia enjoy watching their children compete in various activities including basketball, softball, and showing pigs in their local 4H shows. They also enjoy golfing and cheering on the Purdue Boilermakers.

Kyle Spray

Designated Managing Broker

kyle.spray@acrepro.com

765-775-6502

About Neal Herr

Neal Herr has been a licensed real estate agent in the states of Indiana and Michigan for fifteen years, and he received his Accredited Farm Management (AFM) certification in 2011. Prior to entering into the real estate sector, Herr graduated from Purdue university, spent twelve years in the commodity trade, and another ten years in management and manufacturing. Because of his background in management, Neal has an innovative approach to meeting consumer needs and creating an atmosphere where buying and selling land becomes simple for the client. Neal has successfully managed over forty thousand acres of farmland in Indiana and Michigan, and has sold over $100 million worth of farm and recreational land over his fifteen year career in agricultural real estate. Neal was born and raised on a farm in North Central Indiana, and he currently farms 2,000 acres and raises a small herd of registered cattle with his son Carson Herr.

Neal Herr

Land Broker

neal.herr@acrepro.com

765-437-9468

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