Real Estate Auction Roundup

 By William Flood

 Illinois

Fayette County – Schmid Auction held an online-only absolute auction with zero buyer’s premium on Sept. 24, offering a cabin and 11.83 acres of hunting land connected to Lake Nellie. The property included 9 +/- wooded acres and 1.3 +/- acres of field. It featured a 1,200-square-foot, 4-bedroom/2-bath home with nine-foot ceilings, full walkout basement, covered deck, corrugated metal siding, and propane service. It sold for $201,500.

Springfield – On Sept. 21, Cory Craig Auction offered 11.42 acres of open pasture and woods with a like-new Blunier pole building. The approximately 60-by-50-foot metal-sided structure had an 8-by-40-foot covered porch, a 48-by-60-foot concrete floor on the south end, plumbing, and rough-ins for living quarters. It also had six approximately 12-by-10-foot overhead doors with Lift Master openers, two 36-inch walk-through doors, 10 windows, overhangs, guttering, laminated posts, Perma columns set in concrete, and three cupolas with weathervanes. It sold for $482,500.

Indiana

Springville – On Sept. 9, Freije & Freije Auctioneers sold a turnkey mobile home community on 11.4 acres. The well-maintained site with strong rental history had four occupied pads; two included mobile homes owned by the seller and conveyed with the sale. All pads were connected to municipal water and community septic. Tenants handled trash and lawn care. The facility sold for $100,000.

Starke County – Geswein Farm & Land auctioned 188 +/- acres (175.61 FSA cropland acres) in three tracts on Sept. 24. Near Bass Lake, the property had frontage on U.S. 35, 350 South, and 400 South. The acreage, with an open lease for 2026, was divided as follows: Tract 1: 20 +/- acres (14.05 FSA crop acres); Tract 2: 19 +/- acres (17.43 FSA crop acres); Tract 3: 149.7 +/- acres (114.13 FSA crop acres) with pivot irrigation. Tracts 1 & 2 sold together for $260,000 ($6,667/acre); Tract 3 sold for $755,000 ($5,043/acre).

Kentucky

Corydon – On Sept. 16, Herron Auction & Realty held an online auction of a 2-bedroom/1-bath country home on 1 acre, minutes from Henderson City/County Airport and the Ohio River. It had a full unfinished basement, vinyl flooring, updated bathroom, covered front porch, rear deck, and 11-by-14-foot storage building. It sold for $56,500.

McCracken County – On Sept. 30, Harris Real Estate & Auction offered 64.88 acres in five tracts. The property included 47.5 acres of tillable land, potential homesites, 2,175 ft of frontage on Highway 60, and 1,738 ft on Old Highway 60 (with egress). Tract 1 contained 5.23 acres with an old homeplace with well and septic. Tract 2 was 25.97 acres. Tracts 3 and 4 each held 2 acres with potential building sites fronting Highway 60. Tract 5 held 29.68 acres. Tracts 1, 3 and 4 sold combined for $135,000 ($14,626/acre); Tract 2 went for $245,000 ($9,434/acre); Tract 5 sold for $185,000 ($6,233/acre).

Michigan

Adrian – On Sept. 29, Schrader Real Estate and Auction Co. sold 147 +/- acres in five tracts, featuring productive tillable land with pattern tile, marketable timber and a large storage shed. Tract 1 contained 12 +/- tillable acres bordered by trees and a creek, with U.S. Hwy 223 frontage. Tract 2 was a 9 +/- wooded “swing” tract (sold only in combination with Tract 1 or 3). Tract 3 held 58 +/- acres. 47 +/- were tillable with Morley/Blount soils and pattern tile. The tract featured a 50-by-250-foot free-span shed and frontage along U.S. Highway 223. Tract 4 was a 48 +/- tillable acre “swing” tract with Blount soils and pattern tile (sold only to a neighbor or in combination with Tract 3). Tract 5 was a 20 +/- wooded “swing” tract with timber value (sold only to a neighbor or in combination with Tracts 3 and 4). Tracts 1 and 2 sold combined for $175,100 ($8,338/acre); Tracts 3 and 4 sold together for $942,450 ($8,891/acre); Tract 5 sold for $67,980 ($3,399/acre).

Owendale – On Sept. 9, Albrecht Auction held an online-only sale of 80 +/- wooded prime hunting acres. The property was surrounded by woods and farmland and had the east branch of the Pigeon River running through. Soils included Pipestone sand, Fluvaquents loam, and Shebeon-Badaxe sandy loams. The property had an uninhabitable farmhouse, outbuilding, well and septic. Hunting rights were offered before closing. It sold for $342,500.

Ohio

Atwater – Kiko Auctions held a live/simulcast auction on Sept. 20 of a 53.6-acre farm, in two tracts, known locally as the “Strader Estate.” Tract 1 comprised an 11.5-acre mini-farm with a 1.5-story, 1,523-square-foot, 3-bedroom/1-bath home needing updates. It featured a full walkout basement, front/back porches, 100-amp electric, free gas heat from an onsite well, 75-by-40-foot barn, 48-by-30-foot and 40-by-30-foot metal buildings, other outbuildings, and 403 feet of New Milford Road frontage. Tract 2 held 42.2 mostly tillable acres with woods at the rear and 364 feet of frontage on New Milford Road. All mineral, gas, and oil rights transferred subject to existing leases. The two tracts sold together for $649,000.

Noble County – On Sept. 8, Kaufman Realty & Auctions conducted an online absolute auction of 46 +/- acres of HBP mineral rights in two tracts. No surface rights conveyed. Near Beaver Township, both tracts held a 50 percent undivided interest in 46 +/- acres (23 net acres). Both were part of a lease with Trans-Atlantic Energy Corp. covering 257 acres (lease terms undisclosed), offering investment potential in the volatile Utica/Point Pleasant Shale play. Each tract sold for $115,000 ($5,000/acre).