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681 Acres in 12 Tracts

Zionsville and Westfield, Boone County, Indiana

Owner: Even Tide LLC Thu, Aug 4, 2011

AUCTION IS OVER

• Excellent Cropland - Top Soils • Pretty Woodland with Cabin/Barn • Beautiful Eagle Creek on Property • Several Livestock Fenced Tracts • Zionsville Schools • 9 Miles North of I-465, Indianapolis Pyramids


OPEN HOUSE/INSPECTION DATES

Friday, July 15 from 3-5 PM, Saturday, July 23 from 9-11 AM, Friday, July 29 from 3-5 PM & Thursday, August 4 from 2-4 PM Meet Agents on Tract 9.

PROPERTY LOCATION

At Indianapolis, IN between Zionsville and Westfield, Boone County, Indiana. 9 mi. north of I-465 at Hwy. 421 (Pyramids) north to Hwy. 32 then east 2 mi. to Big Springs Rd. then north 1/2 mi or I-465 at Hwy. 31 north to Westfield then 7 mi. west to Big Springs Rd. (Co. Rd. 1100E) then north 1/2 mi. to property.

AUCTION LOCATION

Palomino Ballroom
1711 County Line Rd., Westfield, IN (1 Miles South of Auction Property)
Directions to the Auction: From U.S. 421/Hwy. 32 east on Hwy. 32 approx. 2 mi. to Co. Rd. 1200E (County Line Rd.) then south 1/2 mi. on the left. From Westfield at Hwy. 31 and Hwy. 32 travel 6 1/2 mi. west to County Line Rd. then left 1/2 mi. on the left.

PROPERTY DESCRIPTION

  • Great Location Just North of Zionsville
  • 1 Mile North of Indianapolis Executive/Business Airport
  • Just off Hwy. 421 and Hwy. 32 And 9 Miles North Off I-465
  • 3/4 Mile Frontage on 186th Street and 3/4 Mile on Big Springs Road

    TRACT DESCRIPTIONS

    Tract 1: 75± ac with 60 acres high quality cropland. 15 acres nice woodland. This tract has county drainage tile and new drainage improvements. Top Treaty soils and nice combination of income producing and recreation land.

    Tract 2: 95± ac all cropland. County tile drainage and new drainage work. Excellent investment tract with top soils.

    Tract 3: 12± ac all cropland. On the corner of Co. Rd. 1100E (Big Springs Rd.) and 186th St. (Co. Rd. 100 South). Nice location for your place in the country or investment.

    Tract 4: 77± ac with 69 acres well fenced pasture and 8 acres cropland/hay. Good stream, well, 2 older barns and 2 bins. Pretty cattle tract.

    Tract 5: 88± ac with 65 acres cropland and 13 acres woods along a stream.

    Tract 6: 68± ac with 61 acres cropland and 7 acres woodland along Eagle Creek. Small Pioneer Cemetery excepted on west end.

    Tract 7: 38± ac with 14 acres cropland in good hay and 24 acres woodland on both sides of Eagle Creek. This is a great tract to own for whole family enjoyment.

    Tract 8: 39± ac with est. 32 acres cropland and 6 acres woodland/easement to Tract 9. Buy with Tract 9 to make a nice family recreation property.

    Tract 9: 39± ac with about 20 acres cropland and 19 acres pretty woodland. Great 30 ft. x 50 ft. cabin/barn with electricity and secluded spot to really relax. Easement to be provided with 45 ft. gravel lane. Fenced now.

    Tract 10: 29± ac all cropland. Corner of 186th St. and Big Springs Rd. Good investment property and crop income.

    Tract 11: 48+± ac with 44+ acres cropland. Could buy with Tract 9 for nice combination with cabin.

    Tract 12: 73± ac all cropland. Good soils, easy to operate with 1/2 mile rows and good frontage. Don't miss this one!

    Tract 13: 681± ac


    INTERACTIVE MAP

  • TRACT MAP(S)

    SOIL INFORMATION

    PLAT MAP(S)

    AREA MAP(S)

    PROCEDURES: The property will be offered in 13 individual tracts, any combination of tracts, or as a total 699+ 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.

    DOWNPAYMENT: Real Estate 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash; 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: Successful bidder(s) will be required to enter into a purchase agreement 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: Sellers shall provide an owners title insurance policy in the amount of the purchase price.

    DEED: Sellers shall provide Corporate Deed.

    CLOSING: The balance of the real estate purchase price is due at closing, which will take place within 15 days of presentation of title policy to Buyer estimated on or before September 30, 2011.

    POSSESSION: Upon crop removal. Subject to 2011-2012 crop lease. Buyer to retain crop rents for 2011. Non cropland acres possession at closing including Tract 4, 7 & 9.

    REAL ESTATE TAXES: Buyer to pay installment due and payable May 2012. Estimated cropland at $38/acre/yr. Woodland $10/acre/yr.

    ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.

    SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Buyer(s) and Seller will share survey expense 50:50. Combination purchases will receive a perimeter survey only. Closing prices will be adjusted to reflect any differences between advertised and surveyed acreages.

    FSA INFORMATION: See Agent. Typical/normal base acres. 8 FSA farm tract numbers.

    EASEMENTS: Sale of the property is subject to any and all easements of record.

    MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the Seller.

    AGENCY: Schrader Real Estate and 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 AS IS, WHERE IS 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, 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 Sellers or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers and Selling Agents reserve the right to preclude any person from bidding if there is any question as the persons credentials, fitness, etc. All decision of the Auctioneer is final.

    ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AUCTION COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.

    None at this time