• 2 Homes • Building Site • Woodland • Productive Tillable Farmland • Wildlife • Hunting & Recreation
80 Acres Offered in 5 Tracts
North Manchester, IN
Owner: Dorothy Watson & The Thurl Gene Warner Trust Wed, Sep 8, 2010 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Sunday, Aug. 8 from 1-2:30 PM & Tuesday, Aug. 10 from 4:30-6 PM
Call the sale manager for private inspection.
PROPERTY LOCATION
12397 S 700 E, North Manchester, IN 46962 From the intersection of SR 13 & SR 14, turn SR 13 south ½ mi to CR 1150 S. Then east 2 mi. to CR 700 E. Turn south .7 mi. on 700 E to property. Or east on SR 14, 2 mi. to CR 700 E. Turn south 1-1/2 mi. on 700 E (follow jog) to property.
AUCTION LOCATION
South Whitley Community Room On SR 5 (State Street) in downtown South Whitley, turn east on Front Street 1 block to Community Room.
TRACT DESCRIPTIONS
Tract 1: 20± ac approximately 12 wooded; private, potential building site, or wildlife, hunting and recreation with many mature trees. Approximately 100 FT. of road frontage.
Tract 2: 48± ac tillable, productive farm ground with approximately 515 ft. of frontage.
Tract 3: 4.5± ac country home with spacious front porch, pasture, outbuildings and grain bin. 5 bedroom, 1 bath home with kitchen, dining, living and front rooms. Laundry area with washer and dryer. Home has a metal roof, 3 year old furnace and 2 year old septic system. Approximately 190ft. of road frontage.
Tract 4: 7± ac with Hurricane Creek meandering thru, potential building site or pasture. Approximately 490ft. of road frontage. Combine with tract 3 or 5 for additional acreage.
Tract 5: 0.5± ac featuring an energy efficient earth home with a 2 car garage. 2 bedroom, 1.5 bath home includes all appliances. Approximately 150ft. of frontage. Parcel
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: Bid on individual tracts any combination of tracts or on the entire property. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.
DOWN PAYMENT: 5% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashierft.s check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.
DEED: Seller will provide a trusteeft.s deed.
EVIDENCE OF TITLE: Seller will provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place in 15 days after marketable title.
POSSESSION: At closing on homes and non-tillable land. The farmland is cash rented until after the 2010 crops are harvested.
REAL ESTATE TAXES: The Seller shall pay the 2010 real estate taxes, due in 2011.The Buyer shall pay all taxes thereafter.
DITCH ASSESSMENTS: The Buyers shall pay the 2011 ditch assessments due in May.
SURVEY: The Seller shall determine any need for a new survey. Tracts purchased separately or in combinations that contain entire existing legal descriptions shall not be surveyed any balance of the Tracts purchased shall be surveyed and price adjusted according to surveyed acres using the existing legal as the basis for the non surveyed portions. Any new survey provided shall be for the perimeter only, when tracts are combined. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres, except on tracts of l5 acres or less or a combination of tracts totaling 15 acres or less. There shall be no adjustment on Tracts or combinations of Tracts with improvements. The survey costs shall be shared 50:50 between Buyer(s) and Seller. Seller shall not be responsible for any closing costs incurred by the Buyer(s) for financing.
EASEMENTS: The sale of the property is subject to any and all easements of record.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an in.AS IS, WHERE ISin. basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the personft.s credentials, fitness, etc. All decisions of the auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
None at this time
