MADISON COUNTY, IN LAND AUCTION - LAMBARDARS

Madison County, Indiana

The Lambardars Farms LLC parcel is located 2 miles north of Anderson, 3 miles south of Alexandria, or 1 mile east from State Road 9. From both the north and south on State Road 9, head east 1 mile on 600 N to arrive at the property. The land is further described as being located in Section 8, T20N-R8E, Richland Township, Madison County, Indiana.

21.797 acres± • 1 tracts

This property offers an exceptional combination of income producing tillable ground and an opportunity to build over-looking a creek. Conveniently situated just outside of Alexandria, the property provides the perfect balance of privacy, accessibility, recreation, farming, investment, etc. The land is further described as being located in Section 8, T20N-R8E, Richland Township, Madison County, Indiana.

• 21.797 taxable acres
• FSA records indicate xx tillable acres; potential for 21.34 tillable acres
• 812.5 feet of creek running through the northernmost of the property
• NCCPI Overall Rating: 65.7
• Soil types include Celina, Westland, Miami, and Crosby
• Rolling terrain provides great drainage
• 50 feet of road frontage on 600 N
• 580-foot easement to easily access north side of property
• Great building opportunity for a homesite and/or a recreational retreat

The tract will be sold on a price per acre basis, based on taxable acres.

Immediately following the auction, the successful buyer(s) will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing in approximately 30 days on or before November 30, 2026.

Seller will provide title insurance in the full amount of the purchase price. The seller will pay the 2026 taxes, due and payable in 2027, which will be prorated to the day of closing and held in escrow. Possession at closing.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold “AS IS”.