0 Hoppus Rd Warsaw, IN 46581
This auction presents a unique opportunity to acquire a 17.56-acre tract of land in Kosciusko County, Indiana, near Warsaw. This parcel is part of a larger 105-acre property being auctioned off in six separate tracts. The 17.56-acre tract includes three barns: a large 70x40 foot barn with metal exterior and original wooden beams, a smaller 12x24 foot shed with concrete flooring, and an older barn suitable for storage or renovation. The property also boasts creek access along its eastern border, offering potential building sites and recreational opportunities. The auction is online-only, concluding December 3rd, 2024, at 6:30 PM Eastern Time. A 10% non-refundable down payment is required on auction day. The property is sold "as is." The property is located at V/L W Hoppus Rd, Warsaw, IN 46581. Additional terms and conditions apply. This is a prime opportunity for investors seeking farmland, recreational land, or building potential in a desirable rural setting. The entire 105-acre property also includes a 3,340 sq ft country home, additional tillable acreage, and lake frontage. The tillable land generates approximately $10,500 in annual cash rent.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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