SOLD

REAL ESTATE & FARM EQUIPMENT AUCTION - 23.522+/- ACRES IN 2 TRACTS IN WHITE COUNTY, INDIANA

Northside of Burnettsville, Indiana - White County, Indiana

Owner: Shaffer Dairy Real Estate Wed, Sep 14, 2016 EASTERN
Equipment & Personal Property at 1:30 PM EASTERN

AUCTION IS OVER

TOTAL SOLD: $107,000

Tract(s): 1+2 @ $107,000 ($4,553/acre)

• 23.522+/- Acres offered in 2 Tracts • Tillable Land • 500 Cow Dairy Facility • Bulk Milk Tanks • Equipment • Online Bidding Available


OPEN HOUSE/INSPECTION DATES

Real Estate: Wed., August 24, 3-5 PM
Equipment: Tues., September 13, 12-4 PM

PROPERTY LOCATION

1095 N 1450 E & US 24, North side of Burnettsville, IN

AUCTION LOCATION

Held On Site

TRACT DESCRIPTIONS

Tract 1: 23.5± ac of land with 12.6 acre tillable per FSA office. This tract has frontage on CR 1450E & US 24. This tract has the following improvements:

  • An older 3 story farm house
  • A 64 ft. x 64 ft. tool shed w/ concrete floor
  • Older barn
  • Milk Parlor w/ double 6 milk stanchion, RR, office & utility room
  • Holding Pen 24 ft. x 48 ft. w/ concrete slates w/ pit, covered 60 head
  • Free stalls barns (28 + 60 + 96 + 96 + 58 set up for 500 head)
  • Concrete bunker silo (100 ft. x 160 ft. = 100-150 tons) Big Foot
  • 2 wells on this tract

    Tract 2: Bulk Milk Tanks. 1998 Mueller 1000 gal bulk milk tank, Dari-Kool 3000 gal milk tank
    FSA Info: Farm #5551.
    Crop Land - 12.6 ac.
    Corn Base - 11.3 ac.
    RE Taxes: $1,172.22/6 mo. (2015 - pay 2016).
    Ditch Tax: $11.76/yr.

    EQUIPMENT & PERSONAL PROPERTY

  • Voyager Sprayer
  • New Holland Skid loader
  • Manure & Hay Equipment
  • 4 Star Livestock Trailer
  • Katolight Generator
  • Silver Wheels Voyager 2000 high-clearance 4WD sprayer, Cummins diesel, 1000 gal SS, 90 ft. booms, foamer, Raven 460 controller, NEW 380/90R 46 tires on front, 14.9 x R46 rears, 2356 hrs
  • New Holland LX665 diesel skid loader, solid rubber tires, material bucket, rebuilt motor 2 yrs ago
  • Knight 8040 ProTwin Slinger manure spreader, 20.5 x 25 construction tires, 1000 pto
  • 1986 IH semi-tractor, Cummins, air ride, wet kit, new cam & bottom end 2 yrs ago, 970,000 mi.
  • 1977 Polar SS manure tanker, 4600 gal, 3/16 SS
  • N Tech 3pt, pto, manure pump
  • Knight Botec 4052 feed wagon, scales
  • Sioux tandem axle feed wagon
  • John Deere 14T pto baler
  • Kuhn 1 spool hay rake, pto
  • 1989 20 ft. x 8 ft. 4 Star aluminum livestock trailer, 1 divider gate, side door
  • Katolight KLM1-75-1000 pto generator on trailer, 75 KW, 1000 pto
  • used steel fence post
  • used barb wire
  • 72+/- Poly square poly calf hutches Removal Time for bulk tanks if sold separately - 30 days


    AREA MAP

  • AREA MAP(S)

    PROCEDURE: The property will be offered in 2 individual tracts, any combination of tracts and as a total 23.522-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.

    DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of 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. All final bid prices are subject to the Sellers acceptance or rejection.

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

    DEED: Seller shall provide Corporate Deed(s).

    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 White County Health Department.

    CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

    POSSESSION: Possession will be at closing on land, subject to the tenants rights for the 2016 crop, and 30 days after closing on home.

    REAL ESTATE TAXES: Real Estate taxes shall be prorated to the date of closing.

    PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

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

    SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. 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 purchases will receive a perimeter survey only.

    AGENCY: Schrader Real Estate & 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 an AS IS, WHERE IS basis, and no warranty or representation, either expressed 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 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 Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and 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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