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SOLD

PRIME LAND AUCTION - 160+/- ACRES IN 4 TRACTS IN UNION COUTY, INDIANA

Liberty, Indiana - Union County - Harrison Towship

Owner: Philip W. Dils and Jan W. Dils Fri, Feb 1, 2019

SOLD FOR $1,020,000

• 160+/- Acres in 4 Tracts • 140+/- FSA Crop Acres • Top Soils - 2019 Crop Rights to Buyer • 3 Miles to the Indiana/Ohio State Line • Great Location in Top Agricultural Area! • Updated Country Home with Barns & Fences Pasture • Potential Country Estate Building Site with Pond • Tracts ranging from 5+/- to 80+/- Acres • Come examine all of the possibilities this property has to offer! • Near Richmond, IN and Eaton, Ohio • 30 Minutes West of Dayton, Ohio • 45 Minutes to Cincinnati, Ohio • ONLINE BIDDING AVAILABLE You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Schrader Auction Company at 800-451-2709.


Auction Info Book


OPEN HOUSE/INSPECTION DATES


Friday, January 4 from 10-11AM
Friday, January 11 from 10-11AM
Friday, January 25 from 10-11AM

Or Call Agent to Schedule Showing

PROPERTY LOCATION

5460 N County Road 200 E, Liberty, IN 47353 - From Liberty, travel north on US 27 4 miles to Mitchell Road. Turn right on Mitchell Road, travel 1.5 miles to the Farm at the intersection of Mitchell and N CR 200 E.

AUCTION LOCATION

Union County 4-H Community Building in Liberty - 411 Patriot Blvd., Liberty, IN, From the intersection of Hwy 27 and Hwy 44 east on Union St. to end of street, Community Building is on the left.

TRACT DESCRIPTIONS

Tract 1: 80± ac nearly all tillable except improved waterways. Frontage on County Road N 200 E. Nice long rows for ease of operation. Quality Xenia and Russell soils. Consider this as an investment tract or adding to your current operation. Combine with Tract 2 for 140+/- contiguous crop acres.

Tract 2: 60± ac nearly all tillable cropland. Nice road frontage on Mitchell Rd. and N 200 E. A mix of high quality soils including Xenia, Russell and Fincastle soils. This could be a nice income producing investment tract.

Tract 3: 15± ac of rolling pasture. Examine the possibilities of this being your estate building site. Nice topography with a pond and frontage on Mitchell Road. Easy access to US 27.

Tract 4: 5± ac with farmstead featuring a 1,372 sf home with updated paint and floor coverings, gas furnace, 90 ft. x 74 ft. wooden pole barn previously used for livestock, 74 ft. x 34 ft. wood frame barn with lean-to, and a 36 ft. x 12 ft. detached garage building. This could be your perfect spot in the country for 4-H animals or a mini farm. Consider combining with Tract 3 for a 20+/- acre unit with pasture and fences. Serviced by the Union County Consolidated Schools.

TRACT MAP(S)

SOIL INFORMATION

PLAT MAP(S)

AREA MAP(S)

PROCEDURES: The property will be offered in 4 individual tracts, any combination of tracts, or as the total 160+/- acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer.

DOWN PAYMENT: 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: Seller(s) shall provide a Warranty Deed.

CLOSING: The balance of the real estate purchase price is due at closing, which will take place on or before March 5th, 2019.

POSSESSION: Possession will be delivered at closing on all crop land and agricultural buildings. Buyer to receive 2019 CROP RIGHTS!

REAL ESTATE TAXES / ASSESSMENTS: Seller to pay taxes for the 2018 period due and payable in 2019 by giving the buyer(s) a credit at closing.

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.

EASEMENTS & LEASES: Sale of the property is subject to any and all easements of record.

MINERAL RIGHTS: The sale shall include 100% of the mineral rights 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 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 COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.