From SR 13 in Pierceton, drive south 2.5 miles to CR 500 S, turn east .5 mile to CR 700 E, then turn south 2.5 miles to CR 750 S, then turn west ﾼ mile.

Auction held at the Pierceton Community Building (fire station) at SR 13 and Walnut St. in Pierceton.

TRACT #1: 7.5 Acres. Nearly all wooded, great potential building site, wildlife & recreation. Approximately 340 ft. of road frontage on CR 750 S .
TRACT #2: 9.5 Acres. Mostly wooded, potential building site, excellent hunting, small area in CRP. Approximately 430 ft. of road frontage.
TRACT #3: 10 Acres. Approximately 4 acres wooded along the road and approximately 6 acres of tillable land with CRP income. Excellent potential building site and approximately 450 ft. of road frontage.
TRACT 4#: 23.5 Acres. Small wooded area along the road, with the balance tillable with CRP income. Potential building site and recreation. 100 feet of road frontage.
TRACT #5: (Swing Tract) 29.5 Acres. Approximately 20 tillable acres with CRP income and the balance wooded, hunting, recreational land and pond site. This Tract must be purchased with any adjoining Tract with road frontage or by an adjoining landowner.

Parcel ID #017-089-003

Bid your price on your choice of tracts, any combination of tracts, or on the entire property.

PROCEDURE: Tracts 1-5 will be offered in individual tracts. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.
DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be 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.
APPROVAL 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.
DEED: Seller will provide a warranty deed.
EVIDENCE OF TITLE: Seller will provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place 15 days after proof of merchantable title.
POSSESSION: At closing.
REAL ESTATE TAXES: The Seller shall pay the 2008 real estate taxes, due in 2009. The Buyer shall pay all taxes thereafter.
DITCH ASSESSMENTS: The Buyer shall pay any ditch assessments after closing.
SURVEY: The Seller shall determine any need for a new survey. Any new survey provided shall be for the perimeter only, when tracts are combined. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres, except on tracts of 11 acres or less. The survey costs shall be shared 50:50 between Buyer(s) and Seller.
EASEMENTS: The sale of the property is subject to any and all easements of record. A perimeter tile drainage easement shall be given to buyers of building sites and existing homes.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is 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 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, inquires, 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company 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.