AUCTION IS OVER

TOTAL SOLD: $71,000

Tract(s): 1+2

@ $71,000

($3,550/acre)

• Pretty small farm with combination recreational woodland and open land • Easy access to I-70 for commuters too • Nice rural area • State access on west side of both tracts

OPEN HOUSE/INSPECTION DATES

Walk over inspections at prospects convenience and risk.
Note: Hunting season, caution early or late in day.

PROPERTY LOCATION

Corner of Kepler and Dougherty Rd. 4 miles northeast of Cambridge City or 4 miles southeast of Hagerstown. Just 3 miles east of Hwy. 1 and Intersection 70 on north side. Sec. 9 Twp. 16N R 13E. From Hwy. 1 at I-70 east on Frontage Rd. to Jacksonburg Rd. Left on Jacksonburg Rd. then left on Kepler Rd. and 1 mi. on north side.

AUCTION LOCATION

Hartley Hills Country Club, Hagerstown, IN.
Just north of Hwy. 38 at Hwy. 1. Address: 201 N. Woodpecker Road.

TRACT DESCRIPTIONS

Tract 1: 5± ac all cropland with some good fence. Here is a place for your barn and livestock and place in the country. Est. 284 ft. of frontage on Kepler Rd.

Tract 2: 15± ac all pretty woodland. Lots of mature trees with some nice Hickory and mixed hardwoods. This is a great family recreation opportunity and long term timber investment. Est. 262 ft. of frontage on Kepler Rd.

AREA MAP

TRACT MAP(S)

SOIL INFORMATION

AREA MAP(S)

PROCEDURES: The property will be offered in 2 individual tracts, any combination of tracts, or as a total 20 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 Warranty 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 est. by December 15, 2015.

POSSESSION: At closing subject to removal of 2015 crop lease. 2016 crop rights to be conveyed.

REAL ESTATE TAXES: Buyer(s) to pay installment due and payable 2016. Seller to pay all taxes payable 2015. 2015 taxes were $328.10/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.

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 and timber 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.

Auction Brochure

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