Property Description 4250 W 500 N, Rensselaer, IN 47978

Online Only Real Estate Auction. Bidding begins closing May 19, 2026 at 6:00 PM CT. 29.489+/- acres of vacant land located at approximately 4250 W 500 N, Rensselaer, IN, in Jasper County, Walker Township, Kankakee Valley School Corporation. The property consists of approximately 29.7 FSA tillable acres and is currently in agricultural production. The land is leased for the 2026 crop year. Buyer to receive 2026 farm income. Possession subject to tenant rights. The tract offers approximately 1000 feet of frontage along W 500 N with multiple potential access points. Topography is gently rolling. Soils include Oakville fine sand, Mussey mucky sandy loam, Brems loamy sand, Morocco loamy sand, and Adrian muck, with a weighted NCCPI of 46.6. Zoned A1 Conservation Agricultural. Permitted uses include agricultural production and a single family residence or farmstead. Other uses may be permitted or allowed by special exception per Jasper County zoning ordinance. Buyers should verify all intended uses with the county. Electric is available at the road. Well and septic would be required for residential use. Located approximately 1.25 miles east of US 231 and 4 miles west of IN 49, offering access to regional transportation routes. Surrounding area consists primarily of agricultural land with scattered residential homes. The adjoining approximately 20 acre property with a residence, under the same ownership, is intended to be offered separately in 2027. Bidding is offered online only at the auction company's website. Bidding is now live and continues until auction end on May 19th, with a soft close beginning at 6:00PM CDT.