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Real Estate Auction

Wednesday, July 15th, 2026 | 6:00 PM

Description

Real Estate Land Auction! 

9807 S 550 E Geneva, IN 46740

Adams County, Jefferson Township, Section 21

Wednesday July 15th @ 6PM EST 

 

Auction To Be Held Live on Site! 

Click HERE to View Bidder Packet! 

  • South Adams Community Schools 

    Tract 1:

  •  4 Bedrooms, 2 Full Bath, 2,989 Square Feet, Partial Basement 

  • 32'x44' Heated Pole Barn W/ 16'x20' & 10'x10' Overhead Doors

  • 24'x40' Barn W/ Concrete Floors
  • 40'x90' Pole Barn w/ Overhang, Cement Floors 

  •  16'x20' Shed

  • 20'x 80' Silo

  •  Property sitting on 8.0 +/- Acres! 

  • Steel Silo is reserved by seller, Will be removed by closing

     

Tract 2: 10.00 +/- Tillable Acres Frontage Along 550E 

 

Tract 3: Combination of Tract 1 & Tract 2! 

 

Open House: Monday June 29th 4:00-6:00 PM


 

Additional Information

Auction Terms & Conditions Real Estate: Lot 1: $25,0000 nonrefundable down payment, Lot 2: $25,000 nonrefundable down payment due at close of auction. Seller will retain possession of house and barns for 60 days after closing, with the option to rent the house for an additional 60-day Rental rate $1,500 Per Month, Possession of tillable ground to be upon harvest of 2026 crops. seller to retain 2026 crop proceeds. Closing to be within 45 Days from date of auction. Taxes Prorated to date of closing, estimated annual taxes 2026 payable 2027 Tract 1: $2,821.12 w/ exemptions Tract 2: $306.18 A Staked Survey To be Split 50/50 between buyer & Seller, Buyers Half of the survey Tract 1: $558.50 Tract 2: $558.50 Title search, title policy, closing cost to be split 50/50 between buyer and seller. Not Sold Subject to Inspections, please have inspections done Prior to day of auction Sold AS/IS WHERE/IS. Sold Subject to Sellers approval. Not Responsible for accidents. Auctioneers License: Josh Krueckeberg (AU19800008 AC31500055)

Harold & Patricia Gaerke - Owner 

Location