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LAND AUCTION - 89+/- ACRES OFFERED IN 1 TRACT IN BENTON COUNTY, INDIANA

Ambia, IN 47917 - Benton County, IN

Owner: APL Noble County Farm LLC Wed, Nov 10, 11:00 AM

• 80% Drummer Silty Clay Loam • Excellent Crop Yields • Hickory Grove Twp - Benton County • 85+/- Tillable Acres


PROPERTY LOCATION

At the intersection of US Hwy 41 and St. Rd. 352, go west on St. Rd. 352 for approximately 8 1/2 miles to property or from the intersection of St. Rd. 26 and St. Rd. 352, go north on St. Rd. 352 for approximately 3 1/2 miles (you will be going thru Ambia) to the property.
Approximate Physical Property Location: 6989 SR-352, Ambia IN

AUCTION LOCATION

Benton County Country Club
602 W 4th Street Fowler, IN 47944
From intersection US Hwy 52 & St. Rd. 18 (East 5th Street) in Fowler go approximately 1/4 mile west on St. Rd 18 to auction site.

PROPERTY DESCRIPTION

The subject property consists of approximately 80% Drummer Silty Clay Loam soil which is one of the premier soils in Benton County. The tenant has stated that the farm produces excellent corn yields in the 250+ bushel range. Don't miss this opportunity to buy quality farmland that is nearly all tillable with easy road access. (85+/- tillable acres out of 89+/- total acres.) All tillable except road frontage and open drainage ditch.
Taxes: $1,763.76 annual

TRACT MAP(S)

Tract 1

AREA MAP(S)

PROCEDURE: The property will be offered as a total 89+/- acre unit.

DOWN PAYMENT: 10% down payment on the day of auction. The down payment may be made in the form of cashier's 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 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 is subject to the Seller's acceptance or rejection.

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

DEED: Seller shall provide Warranty Deed.

CLOSING: The targeted closing date will be 30 days after the auction.

POSSESSION: Possession is at closing.

REAL ESTATE TAXES: Seller shall pay 2021 real estate taxes due and payable in 2022. Buyer shall assume any taxes thereafter. Buyer shall assume any ditch and drainage assessments due after 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 has been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder's 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 acreages, dimensions and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos.

SURVEY: Any need for a new survey shall be determined solely by the Seller.

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 person's 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.