Saturday, October 10,2009 09:00 AM  thru  12:00 PM
Friday, October 16,2009 09:00 AM  thru  12:00 PM

From West Lafayette travel 15 miles west on SR 26 to SR55/Pine Village travel south on State Road 55 6 miles to the property. Watch for Auction Signs.

REAL ESTATE AUCTION LOCATION: Held at the Pine Village Elementary Gymnasium, 3756 East SR 26, Pine Village, IN
EQUIPMENT AUCTION LOCATION: Held on site.

The beautiful and historic Big Pine Golf Course located just 15 miles west from Purdue University and the West Lafayette business corridor to Pine Village will be auctioned in 21 tracts or in whole to the highest bidder(s) Saturday October 17, 2009. Beautiful building lots, many with their own green and some with complete golf holes from 1 acre to 30 acres. Wholesale land opportunity Investors, builders & Realtors are welcome. Realtors can register for commission.
Tract 1: 4.8+/- acres on corner of paved roads 225 East and 250 North. Property includes a mature green.
Tract 2: 4.8+/- acres on paved road 225 East. Nice building lot
Tract 3: 4.8+/- acres on paved road 225 East with steam running through middle of property. Includes two mature greens. Great home site.
Tract 4: 6+/- acres with TK Homes 3 bedroom 2 full bath brick wrap home. Built in 2007. Wood burning fireplace, Geo Thermal Air, 2 car attached garage, custom deck over looking back yard. Built in microwave, dishwasher. Refrigerator stays too. Carpet throughout with 2300 square feet of living space. Comes with a 2007 survey.
Tract 5: 13+/- acres. Beautiful & private home site or sites with woods and 2 beautiful mature greens. This tract includes the entire 3rd hole as well as the green from hole #2. Easy access from paved road 225 East.
Tract 6: 21+/- acres of open land. Development, home sites or easy conversion to tillable.
Tracts 7 & 8: 1+/- acre home sites on paved road 250 N.
Tract 9 & 10: 4+/- acre home sites on paved road 250 N. Each tract has its own mature green.
Tract 11: 30+/- acres of open land. Development, home sites or easy conversion to tillable.
Tracts 12 & 13: 2.5+/- acre home sites on paved road 250 N
Tract 14: 16+/- acres with a pond. Beautiful building site with 2 greens. Tract includes entire par 3 12th Hole over water.
Tract 15: 1.5+/- acres includes a beautiful mature green as well as 24.5 X 64 covered concrete picnic area with built in 4.5 X 4.5 ft barbecue grill.
Tract 16: 2.6+/- acre Club House site. Includes old clubhouse easily converted back to a home originally built in the 1930's. Large Metal Outbuilding with partial concrete floor over 4200 square feet of covered metal building storage. Paved asphalt parking area. Includes your own beautiful mature green. Large 24 x 24 deck attached to two story home. Upstairs kitchen, 2 bedrooms, living room and full bath.
Tract 17: 4+/- acre Building site on the corner of State Road 55 and paved Road 250 N. Includes two greens & the entire par 3 12th hole.
Tract 18 & 19: Rare 3+/- acre building sites directly on State Road 55.
Tract 20: One of a kind large, wooded 8.5+/- acre building site directly on State Road 55. Includes 2 of your own personal mature greens. 2 acres near corner of 250 N and St Rd 55.
Tract 21: 2+/- acre storage or building lot with two large metal storage buildings with large graveled lot:
Building 1: Full concrete floor and drive. Building is 42 x 100 with 2440 square foot attached lean to metal storage building completely enclosed with gravel floor.
Building 2: Full Concrete floor Metal enclosed storage building 26 x 64


GOLF COURSE EQUIPMENT SELLING AT 1PM/AFTER REAL ESTATE

• 2005 John Deere 4520 tractor with 400X loader, 2330 hours.
• 2002 John Deere 2030 ProGator
• John Deere HD200 sprayer
• Forty 1998 EZ-GO golf carts
• 2006 John Deere Gator TH6x4
• Lots of battery chargers
• Leaf blowers
• Toro Fairway Aerator
• 300 gallon water tank
• Land Pride 15' finish mower
• Picnic tables
• Table saw
• Toro leaf vac
• John Deere 757 mower, needs some work.
• Toro 300 reel mower for parts.
• 6' bush hog
• Gas powered CarryAll-II
• Turf-Vac leaf vac
• Reel mower grinder/sharpener
• Lincoln welder
• Toro GM1000 walk behind reel mower
• Two Toro 300 reel mowers
• Ryan sod cutter
• 2 Mete-R-Matic top dressers
• Toro Greens aerator
• Ryan greens sweeper
• Lely spreader
• Ryan slit seeder
• Toro Greensmaster 1000
• Kerosene heater
• Weedeaters
• Chainsaws
• LOTS of handtools, toolboxes
• Acetelene outfit
• Golf ball washers
• Lots of other golf equipment
• Fax machine
• Dog kennel fence
• John Deere 4253A 5 gang fairway mower

BUYERS PREMIUM:A 2% BUYERS PREMIUM will be added to the final bid price to arrive at the contract purchase price.
PROCEDURE: The property will be offered in 21 individual tracts, any combination of tracts and as a total 140± acres. 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 a General Warranty Deed(s).
CLOSING: A closing will occur 30 days after presentation of marketable title. Cost for insured closing will be split 50:50 between seller and buyer(s). All lender cost shall be paid by the buyer(s).
POSSESSION: Possession will be at closing.
REAL ESTATE TAXES: Taxes shall be pro-rated to the date of closing.
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 post auction survey. Combination purchases will receive a perimeter survey only.
PROPERTY INSPECTION: Each potential Bidder is responsible to conduct, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. For a private inspection, please call Greg Stout 765-412-2034.
EASEMENTS: Subject to any and all existing easements.
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.