SOLD

NEW AUCTION SITE! - LAND AUCTION, 40+/- Acres offered in 3 Tracts

Whitley County, Jefferson Township

Owner: Deloris LeFever Revocable Trust Mon, Apr 28, 2014 EASTERN

AUCTION IS OVER

TOTAL SOLD: $395,000

Tract(s): 1-3 @ $395,000 ($9,875/acre)

• LAND AUCTION • 40+/- Acres offered in 3 Tracts • Productive, Tillable Land/Potential Building Sites • Woods, Wildlife, Hunting & Recreation • Country Home with Pole Building • South of Columbia City, West of Fort Wayne, North of Huntington • Whitley County Consolidated Schools


OPEN HOUSE/INSPECTION DATES

Monday, March 17 from 4-5:30 PM
Saturday, March 29 from 10-11:30 AM

or call the sale managers for private inspections.

PROPERTY LOCATION

7725 S 200 E, Columbia City, Indiana.
5.5 miles South of Columbia City at the intersection of SR 9 and SR 14, turn East on SR 14, 1 mile to CR 200 E, then South 1.5 miles to farm on east side of the road.

AUCTION LOCATION

NEW AUCTION LOCATION!
The Van Buren
located at 301 West Van Buren Street in Downtown Columbia City, Indiana

TRACT DESCRIPTIONS

Tract 1: 6± ac Scenic, secluded, potential building site with approximately 5 acres of woods; peaceful wildlife and recreational land with 100 ft.+/- of road frontage on CR 200 E.

Tract 2: 32± ac Mostly all productive, tillable acreage with a grass waterway and 890 ft.+/- of road frontage on CR 200 E.

Tract 3: 2± ac 7725 S 200 E, Columbia City.
Well maintained 1-1/2 story brick country home on a dry waterproofed basement. This cozy home includes two bedrooms, eat-in kitchen, living room, bath and abundant attic storage, with potential to finish for additional living space. Replacement windows, hot water boiler heat, central air, water softener. There is a 30 ft. x 48 ft. Borkholder pole building with a concrete floor (built in 1985) and a 36 ft. x 36 ft. wood barn. Excellent opportunity for livestock, 4-H or mini-farm - Approximately 310 ft.+/- of road frontage. Combine with Tract 1 & 2 for additional pasture, tillable acreage and recreational area.
Parcel ID #: 92-10-18-000-310.000-006

Bid your price on your choice of tract, any combination of tracts,or on the whole property.


AREA MAP

TRACT MAP(S)

SOIL INFORMATION

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: 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. Purchase agreements will be signed by the registered bidder only. If you choose to share the purchase with another party, you will be required to do so after the completion of closing as indicated on the signed purchase agreement.

DEED: Seller will provide a Trustees deed.

EVIDENCE OF TITLE: Sellers will provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place 15 days after marketable title.

POSSESSION: At closing on non – tillable acreage and home and buildings, after harvest of crops on tillable acreage.

REAL ESTATE TAXES: The Seller shall pay the 2014 real estate taxes, due in 2015. The Buyer shall pay all taxes thereafter.

DITCH ASSESSMENTS: The Buyers shall pay any 2014 ditch assessments. SURVEY: The Seller shall determine any need for a new survey. There shall be no survey if the property is purchased by one Buyer. Any new survey(s) 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 Tract 3 or combinations including Tract 3. The survey costs shall be shared 50:50 between Buyer(s) and Seller. Seller shall not be responsible for any closing costs incurred due to the Buyer(s) securing 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 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. No guarantee as to location of septic and well, or condition of septic and well is made by the Auction Company, its agents or Sellers. 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.

Auction Brochure

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