SOLD

REAL ESTATE AUCTION - 95.18+/- ACRES IN ELKHART COUNTY

New Paris, Indiana, Elkhart County, Jackson Twp., South of Goshen, Fairfield Schools

Owner: Krull Family Farm, LLC Thu, Oct 8, 2015 EASTERN

AUCTION IS OVER

TOTAL SOLD: $1,020,000

Tract(s): 1 @ $1,020,000 ($10,716/acre)

• 95.18+/- Acres • Productive Tillable Land • Hunting & Recreation • Potential Building Site • Manicured Trails


OPEN HOUSE/INSPECTION DATES

Sunday, September 13, 1-3 pm
Call the Sale Managers for Private inspections.

PROPERTY LOCATION

1.5 miles north of US 6 or 5.5 miles south of Goshen on SR 15 to CR 50 turn west 1/2 mile to CR 21 then turn north 1/2 mile.

AUCTION LOCATION

At Sunnyside Park, 68443 Clinton Street, New Paris. 1/4 mile east of SR15 on CR 46 (Market Street) to Clinton Street turn south to park.

TRACT DESCRIPTIONS

Tract 1: 95.2± ac 63+/- Productive tillable acres and approximately 32+/- wooded acres, with picturesque Turkey Creek meandering thru the wooded area. Many mature trees and future harvestable timber. Manicured trails through this nature lover or deer hunters paradise and a great potential building site.
Note: Hunters, buy one of the best deer properties in northern Indiana and let the tillable land pay for itself.


AREA MAP

TRACT MAP(S)

SOIL INFORMATION

AREA MAP(S)

PROCEDURE: The farm will be offered as a total unit. There will be open bidding.

DOWN PAYMENT: 10% of the accepted bid as down payment on the day 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 PRICE: The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. The final bid price are subject to the Sellers acceptance or rejection.

DEED: Seller shall provide a Warranty 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 on non-tillable land after harvest on tillable land.

REAL ESTATE TAXES: Pro-rate to day of closing.

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

ACREAGE: All acreage is approximate and has been estimated based on current Elkhart County Assessors legal descriptions.

SURVEY: There shall be no new survey.

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 acreage has been estimated based on Elkhart County Assessors information. 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.

Auction Brochure

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