JOIN US FOR AN ON-SITE AUCTION PREVIEW
THURSDAY – OCTOBER 22nd FROM 4:00 P.M. – 6:00 P.M.

 

ABSOLUTE AUCTION
SATURDAY – OCTOBER 31st – 10:00 A.M.

ESTATE OF R.S. SPALDING
179.45 ACRES (+/-) OFFERED IN 2 TRACTS

TRACT 1 – 84.96 ACRES (+/-)
OUTSTANDING CROPLAND TRACT!

TRACT 2 – 94.49 ACRES (+/-)
ADDITIONAL 19.09 ACRES (+/-) OF CROPLAND
& 75.40 (+/-) ACRES OF WOODLAND
WITH AN ESTIMATED 418,802 BOARD FEET
OF MARKETABLE TIMBER!

EAST CALVARY ROAD IN THE CALVARY AREA
OF MARION COUNTY

 THE LAND – 179.45 ACRES (+/-)
We all know that everybody loves Calvary…And how rare it is that land actually becomes available in the Calvary area on the open market…
Especially at ABSOLUTE AUCTION!  Well…Here you go…A total of 179.45 acres (+/-) being sold in only 2 tracts…The highest bidder buys them!

THE 2 TRACTS

Tract   1:  84.96 Acres (+/-) easily accessible via a 20′ right-of-way easement from East Calvary Road.  This tract features fertile cropland
(mostly a combination of Carpenter Gravelly Silt Loam, Elk Silt Loam, Lawrence Silt Loam, Newark Silt Loam, Nolin Silt Loam & Tilsit-Berea Silt Loam).
This tract also has a 36′ X 60′ barn.  You can view the Soil Map & USDA/Farm Service Agency crop acreage on our website:  www.thelancasteragency.com.

Tract   2:  94.49 Acres (+/-) also easily accessible via the same 20′ right-of-way easement from East Calvary Road. This tract offers an additional
19.09 acres (+/-) of cropland & 75.40 acres (+/-) of woodland. Per the Timber Volume Report prepared by Consulting Forester, Mitch Frisby on 8/12/2026,
this tract features an estimated 418,802 (+/-) board feet of marketable timber with a current estimated value to the owner of $129,728.41 (+/-).
You can view the Timber Volume & Valuation Report, Soil Map & USDA/Farm Service Agency crop acreage on our website:  www.thelancasteragency.com.
Tract 2 is also great to get away for hunting, recreation & so much more!

ORDER OF SALE

1st OFFERING
To be offered AS A WHOLE with both tracts grouped together totaling 179.45 acres (+/-), per the official survey.

2nd OFFERING
TRACT 1 & TRACT 2 to be offered BY THE ACRE utilizing the ‘PICK & CHOOSE’ auction method.
The highest bidder will have the priority to select Tract 1, Tract 2, or both tracts at that price per acre.
This process will continue until both tracts have been selected in this offering.

NOTE
THE AUCTION IS NOT FINAL UNTIL BOTH OFFERINGS HAVE BEEN COMPLETED.
THE REAL ESTATE WILL BE SOLD PER THE OFFERING REALIZING THE MOST MONEY FOR THE SELLER.

TERMS & CONDITIONS

* A 10% Buyer’s Premium will be added to all winning bids to determine the final sales and purchase price.

* Any Purchaser of a real estate tract will pay a 20% deposit of the final sales and purchase price the day of the auction.
The balance will be due on or before November 30th, 2026 .

* The 2026 Real Estate Property Taxes will be paid by the Seller.

INSPECTIONS
* The real estate & all improvements are being sold ‘AS IS’ with no warranties, guarantees, or assumptions of liability, including environmental hazards.
All inspections are invited & encouraged.  For any inspections of this property, please call The Lancaster Agency, Inc. at (270) 692-6748.
Or contact Charles Lancaster, Jr. at (270) 692-7270.

ANNOUNCEMENTS MADE THE DAY OF THE AUCTION SUPERSEDE ANY AND ALL PRIOR ANNOUNCEMENTS, DOCUMENTATION,
BROCHURES, SIGNS, ADVERTISING, OR STATEMENTS, WHETHER ORAL, WRITTEN, OR OTHERWISE,
REGARDLESS OF WHO MADE THEM OR WHEN THEY WERE MADE.

CHARLES E. LANCASTER, JR. – PRINCIPAL BROKER / AUCTIONEER

IRVIN ABELL – APPRENTICE AUCTIONEER

TREY ABELL – APPRENTICE AUCTIONEER