This one is a little perplexing. While checking the dip switches also make sure that all of your bases are snapped in correctly, try a different input card if you have one.
Generally if you have an active light on the ASB and Logix 5 can autofind the rack you should be good to go. Just remember if the autofind says that it found a half rack in position X it doesn't mean it found a half rack of I/O, just the adapter. You could pull all of the cards out and it will still find a half rack.
If you need more help post a screen shot of your chassis table along with your dip switch settings, from what you have provided so far I am leaning towards a problem downstream of your adapter