• Productive Farmland with 2011 Crop Rights • 3 BR Farm Home with Livestock Facility, Attached 2 Car Garage • Mini Farm Site • Wooded Acreage • Great Location! • Convenient to Anderson, Muncie & Indianapolis, only 3 Miles to I-69 & SR 67 Interchange at Daleville

159 Acres Offered in 7 Tracts
Daleville, Indiana - Delaware County
Owner: Daniel Henkle, Connie Stinson, and Tania Thomas Thu, Feb 17, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Sat., January 22, 9-11 AM
Thurs., February 3, 3-5 PM
Sat., February 5, 9-11 AM
Thurs., Feb.17, 2-4 PM
PROPERTY LOCATION
5061S 900W, Daleville. From I-69/SR 67 at Daleville: Travel east on SR 67 approximately 1/2 mile to C.R. 900W (also Walnut St.); turn left (north) and continue through stoplight to Washington St. Turn right and this becomes River Rd/900W. Travel north approximately 2 miles to property.
AUCTION LOCATION
Girl Scout Program Service Center Building, 13555W 550S (SR 67), Daleville, IN. Approximately 1 mile east of I-69/SR 67 interchange on SR 67.
TRACT DESCRIPTIONS
Tract 1: 19± ac All tillable. Quality Miami-Crosby soil mix. About 475 ft. of frontage on CR 900W. Perfect to combine with Tract 2 and/or Tract 3.
Tract 2: 9± ac 1 1/2 story 3 BR country home, 2156 sq.ft., outbuildings and older dairy facility. House has hardwood floors w/carpet, hot water heat w/newer LP boiler, newer septic system, nice interior trim, full basement, attached 2 car garage, large front porch w/wrought iron railing. Buildings include large pin frame barn, 3 silos, 40x60 pole barn, 40x60 and 23x38 free stall barns, 34x56 pole barn with concrete floor, several smaller outbuildings. Tract includes about 3 acres of pasture with small pond and has frontage on both CR 900W and CR 300N. Combine with Tracts 1 and/or 3.
Tract 3: 11± ac All tillable with some partial wetland determination. Combine with Tracts 1, 2 or 4 for a larger holding. About 740 ft. of frontage on CR 300N.
Tract 4: 10± ac All tillable with some wetland determination. Perfect to combine with Tract 5 and/or Tract 6 to expand your acreage. About 660 ft. of frontage along CR 300N.
Tract 5: 10± ac All wooded with older 12x60 mobile home. This tract would make an excellent hunting or recreational retreat. Approximately 660 ft. of frontage on CR 300N.
Tract 6: 89± ac About 84 acres tillable with small amount of wetland determination. Productive soils include Treaty, Rensselaer, Pella, Crosby, and Miami. This in.swing in. tract must be purchased by an adjacent landowner or in combination with another tract that can provide road frontage.
Tract 7: 11± ac All wooded in.swing tract in. that must be purchased by an adjacent landowner or in combination with another tract that can provide road frontage. Great for hunting or recreational purposes.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
PROCEDURE: The property will be offered in 7 individual tracts, any combination of tracts and as a total 159 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 cashier’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.
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 an owner’s title insurance policy in the amount of the purchase price.
DEED: Seller shall provide a Warranty Deed.
CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: At closing.
REAL ESTATE TAXES: Buyer will assume all taxes due May 2012 and thereafter. 2009/10 taxes were approx. $7117 with no filed exemptions, and ditch taxes were $159.26.
FSA INFORMATION: Farm #5429 Corn Base of 49.7 acres with CC Yield of 154. Soybean base of 49.7 acres with CC Yield of 40.
ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: A new survey will be ordered only if needed for good title insurance policy and the cost of the new survey will be split 50:50 between buyer and seller.
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 person’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