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SOLD

343.5 +/- Acres Offered in 6 Tracts - Wilkinson Estate

Oxford, Indiana - Benton County

Owner: The Mary Ruth Wilkinson Estate Tue, Aug 6, 2013

SOLD FOR $3,612,840

• Highly Productive Tillable Land • 4 Bedroom Home & Buildings on 2.5 Acres • Adjoins Benton Central High School • Northwest Lafayette - Just off SR 52 • Oak Grove & Center Townships


OPEN HOUSE/INSPECTION DATES

Sunday, June 30 from 2 p.m. to 3:30 p.m.
Monday, July 1 from 4 p.m. to 5:30 p.m.

PROPERTY LOCATION

4096 E 300 S, Oxford, IN. 20 miles northwest of West Lafayette or 5 miles southeast of Fowler on US 52 to SR 55 & CR 300 South at Benton Central Schools. Turn east for Tracts 4-6, continue east to CR 500 E then turn south for Tracts 1-3.

AUCTION LOCATION

Benton Central High School Cafeteria, Oxford, IN. Located on the west edge of the farm.

TRACT DESCRIPTIONS

Tract 1: 58± ac all tillable, productive land. On CR 500 E.

Tract 2: 60± ac all tillable, productive land. On CR 500 E

Tract 3: 61± ac all tillable, productive land. On CR 500 E and CR 300 S.

Tract 4: 78± ac all tillable, productive land, with water ways & open ditch. On CR 300 S.

Tract 5: 84± ac all tillable productive land, water ways and open ditch. With 50 feet of road frontage on CR 300 S.

Tract 6: 2.5± ac Country home, with hardwood floors, 4 bedrooms, 2 full baths, kitchen, living room and family room. Full basement with summer kitchen & laundry with outside exit, water filtration system, gas forced air furnace and central air. Detached garage & barn with lots of room for storage or livestock. Close to schools and US 52 on CR 300 S.


INTERACTIVE MAP

TRACT MAP(S)

SOIL INFORMATION

PLAT MAP(S)

AREA MAP(S)

PROCEDURE: Tracts 1-6 will be offered in individual tracts, and in any combination of these tracts, or as a total unit. There will be open bidding on all tracts and combinations of tracts during the auction as determined by the auctioneer. The property will be bid in the manner resulting in the highest total sale price.

BUYERS PREMIUM: A 2% buyers premium will be added to all final bids to determine the contract purchase price.

DOWN PAYMENT: 10% 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, 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.

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 shall provide a Personal Representatives deed.

EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place 30 days after proof of merchantable title.

POSSESSION: At closing, 30 days after closing on house, after harvest of crops on tillable land.

REAL ESTATE TAXES: Seller pays 2012 taxes due in 2013. Buyer shall pay all taxes thereafter.

DITCH ASSESSMENTS: Buyer shall pay all ditch assessments due after closing.

ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.

SURVEY: Any survey costs incurred shall be shared 50:50 between the Buyer(s) and Seller.

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. Tract acreage has been estimated based on aerial photographs. The property is being sold on an 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, 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 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.