• Property photo 1 - 108 Acres offered in 2 Tracts
  • Property photo 2 - 108 Acres offered in 2 Tracts
108 Acres offered in 2 Tracts

108 Acres offered in 2 Tracts

Kokomo & Greentown

Owner: Charles Wimmer Mon, Oct 18, 2010 EASTERN

AUCTION IS OVER

• Productive Tillable Farmland • Pewamo and Blount Soils • 1031 Exchange Opportunity


OPEN HOUSE/INSPECTION DATES

Walk-over inspections are welcome at anytime or call sale managers to make an appointment.

PROPERTY LOCATION

Tract 1 From Greentown at the intersection of US 35/SR 22 and SR 213 go East on US 35/SR 22 for 3 miles to C.R. 1200 E. Turn left(North) and go 1/4 mile to the property. Tract 2 From Greentown at the intersection of US 35/SR 22 and SR 213 go East on US 35/SR 22 for 4 miles to C.R. 1300 E. Turn right(South) and go approx. 1/2 mile to the property.

AUCTION LOCATION

Kokomo Shrine Club, 3892 E. U.S. 35, Kokomo, IN 46901 (4 miles West of Greentown)

TRACT DESCRIPTIONS

Tract 1: 40± ac Approx. 35 acres of productive tillable cropland with the balance being woods. This tract features Pewamo Silty Clay Loam and Blount Silt Loam soils. This tract has 1/4 mile of road frontage on C.R. 1200 E.

Tract 2: 68± ac Approx. 59 acres tillable with the balance being 8 acres of woods. This tract also features Pewamo Silty Clay Loam and Blount Silt Loam soils. The 8 wooded acres is mixed hardwoods with the primary species being Walnut.

TRACT MAP(S)

Tract map - 108 Acres offered in 2 Tracts

SOIL INFORMATION

Soil map - 108 Acres offered in 2 Tracts

PLAT MAP(S)

Plat map - 108 Acres offered in 2 Tracts

TERMS AND CONDITIONS

PROCEDURE: This property will be offered in 2 individual tracts or as a whole 108± acre property. The property will be sold in the manner resulting in the highest total sale price.

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.

DOWN PAYMENT: 10% down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier 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.

CLOSING: The balance of the purchase price is due at closing, which shall take place within 30 days of the sale. Closing costs for an administered closing shall be shared 50:50 between Buyer(s) and Sellers.

EVIDENCE OF TITLE: Seller shall provide an ownerÃ

None at this time