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FARM & LAND AUCTION - 125+/- ACRES OFFERED IN 5 TRACTS IN EAST ALLEN COUNTY, INDIANA

2 Miles North of Woodburn, Indiana - East Allen County

Owner: Suwillja, LLC, The family of the former Bill and Meta Kammeyer Mon, Jul 18, 2016

SOLD FOR $1,228,000

• 125+/- Acres offered in 5 Tracts • Farm Buildings • Tillable Land • Building Sites • Online Bidding Available


OPEN HOUSE/INSPECTION DATES

Meet a Schrader Representative on Tract 2 on Tuesday, June 21 from 5-7pm.
If you have questions, call Auction Manager, 260-410-1996.

PROPERTY LOCATION

23386 Kammeyer Road, Woodburn, IN
(Located adjacent to and just north of Old U.S. 24, 2 miles north of Woodburn)

AUCTION LOCATION

WOODBURN COMMUNITY CENTER, 22651 MAIN STREET, WOODBURN - adjacent to the fire station

TRACT DESCRIPTIONS

Tract 1: 20± ac OF RIVERBOTTOM PROPERTY. This tract has over 1400 ft. of frontage along Fahlsing Road. There is over 1500 ft. of river frontage along the Maumee River which offers some excellent recreational sites. The soils are Eel Silt Loam.

Tract 2: 11± ac WITH BARNS: This tract has approximately 500 ft. of frontage along Kammeyer Road and runs back nearly 1000 ft. deep. This is the perfect new home site to be added to the existing buildings!!
The first barn is a 36 ft. x 60 ft. hip roof barn with a 13 ft.H x 16 ft.W sliders on front and back for drive through. There is a 12 ft. x 18 ft. milk house. There is a full hay mow on one side on top and a smaller on the other side. There are 4 wooden grain bins overhead with access through the front of roof. There is a full length milking parlor with all concrete on one end of the barn, and the other end is livestock pens and stalls. There is also an 8 ft.H x 4 ft.W slider access door on each end. The barn is all metal with good metal roof. This barn is in excellent shape!! There is a 60 ft. x 100 ft. concrete feed lot off of the back of this barn that goes out to a concrete and metal stave silo.
The second barn is a 72 ft. x 30 ft. shed with 4 bays. There are 4 doors that are 14 ft.W x 12 ft.H each. The floor is a packed dirt floor. There is a 20 ft. x 30 ft. concrete storage area on the end of this building. There is also a 10 ft. x 10 ft. hog building enclosure attached.
The third barn is a more modern 36 ft. x 56 ft. pole barn. It has (2) 18 ft.W x 12 ft.H sliders in the front. This has gravel floors and has electricity and lights, plus daylight panels on south side. This building is all metal siding and roof.

Tract 3: 32.5± ac OF MOSTLY HOYTVILLE SILTY CLAY. This tract has over 1,000 ft. of road frontage along S.R. 101 and is adjacent to Tract 2 which would make for an excellent 40+ acre farm site.

Tract 4: 44.5± ac OF MOSTLY HOYTVILLE SILTY CLAY. This tract is all tillable and has approximately 1,000 ft. of road frontage along S.R. 101

Tract 5: 17.7± ac OF ALL HOYTVILLE SILTY CLAY. This tract is all tillable and has over 750 ft. of road frontage along Old U.S. 24.


INTERACTIVE MAP

TRACT MAP(S)

SOIL INFORMATION

PLAT MAP(S)

AREA MAP(S)

PROCEDURE: The property will be offered in 5 tracts, any combination of tracts, and as a total 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.

DOWN PAYMENT: 10% down payment on the day of 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: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. Seller reserves the right to reject any and all bids.

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

DEED: Seller shall provide a Warranty Deed(s).

CLOSING: The balance of the purchase price is due at closing, which will take place on or before September 2, 2016. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession of non-tillable portion of Tract 1 on day of closing, immediately following the closing. Possession of all tillable land shall be subject to Tenant Farmers 2016 crop. Seller to retain the Owner share of the 2016 crops.

REAL ESTATE TAXES: The Seller to pay all of 2016 taxes due in 2017. Buyer to pay all taxes thereafter.

ACREAGE: All tract acreage, dimensions and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.

SURVEY: A new perimeter survey shall be prepared on the entirety prior to the auction. The Seller shall also provide a new survey where the tract divisions in this auction create new boundaries. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. Combination purchase will receive a perimeter survey only.

PERIMETER DRAIN TILE EASEMENT: Easement access will be provided over tracts in this property for perimeter drain tile outlets if perimeter drain tile outlets beyond each individual tract are required by the Allen County Board of Health.

AGENCY: Schrader Real Estate & Auction Company 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. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verifications by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. Conduct of the auction and increments of bidding are at the discretion of the Auctioneer. The Seller and Selling Agents 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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