• Auction starts 5:00 pm Central Time • High % of Tillable Land • Excellent Location • Excellent Soils
299.26+/- Acres Offered in 2 Tract Land Auction
Newton County, Indiana - 6 Miles North of Kentland, IN
Owner: Helen L. Sell Estate, Co. P.R. David Sell, Co. P.R. Richard Sell and Nancy White, David Sell, Patti Dietrich, Richard Sell, Beth Anderson Wed, Oct 31, 2012 EASTERNAUCTION IS OVER
TOTAL SOLD: $3,350,000
| Tract(s): 1+2 | @ $3,350,000 | ($11,194/acre) |
OPEN HOUSE/INSPECTION DATES
Wednesday, October 3, 3-5pm Central
Meet Jim at the building on Tract 1.
PROPERTY LOCATION
From the intersection of US 24 & 41, take US 41 approx. 6 miles North of CR 1000 S. Tract 1 is on US 41 and CR 1000 S. Tract 2: take approx. 4.5 miles North of US 24 to CR 1150 S, then go 1 mile West on CR 1150 S, then turn right on CR 300 W and go 1/2 mile North to Tract 2.
AUCTION LOCATION
Hazelden Country Club, 3705 E SR 16, Brook, IN
2 Miles East of Brook, IN on SR 16
TRACT DESCRIPTIONS
Tract 1:
140± ac
parcel of land with 125.37 acres of tillable. This tract has excellent quality soils. This tract has frontage on CR 1000 South and US 41.
IMPROVEMENTS:
Tract 2:
159± ac
tract of land with 150.39 acres of tillable land. Also, this tract has excellent quality soils. This tract has frontage on CR 300 W. Also, this tract could have more tillable land by clearing out some trees.
2011 PAY 2012 TAXES: R.E. Taxes $2,157.68/6 mo, Ditch Tax
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
PROCEDURE: The property will be offered in 2 individual tracts, any combination of tracts and as a total 299.26+/- acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete. DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of cashiers 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.
ACCEPTANCE 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.
EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.
DEED: Seller shall provide a Warranty Deed(s) and Personal Rep Deed(s).
CLOSING: Closing shall take place 15 days after marketable title.
POSSESSION: Possession is at closing.
REAL ESTATE TAXES: The Seller shall pay the 2012 real estate taxes due in 2013. The Buyer shall pay all taxes thereafter.
DITCH ASSESSMENTS: The Buyer shall pay any ditch assessments due after closing, if any.
ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
AGENCY: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, 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. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons 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.
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