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110+/- Acres offered in 4 Tillable Tracts

110+/- Acres offered in 4 Tillable Tracts

Auburn, Indiana - Dekalb County

Owner: Mary Newcomer Revocable Trust Mon, Nov 22, 2010 EASTERN

AUCTION IS OVER

• Great Location Close to Auburn • Dekalb County Schools • Lots of Road Frontage • Bid on the Tract or Tracts that Suit Your Needs • Offered Separately or in Combination!


OPEN HOUSE/INSPECTION DATES

Walk over inspections permitted. Call Auction office with any questions! 866-340-0445.

PROPERTY LOCATION

Take State Road 8 east out of Auburn 2.5 miles to County Road 41E, go south 1.5 miles to property or from County Road 46A, go north on County Road 43E and follow to property.

AUCTION LOCATION

AUCTION TO BE HELD AT DEKALB COUNTY FAIRGROUNDS, MIDDAUGH HALL

TRACT DESCRIPTIONS

Tract 1: 35± ac with ¼ mile road frontage on both CR 43E and CR 50S. This tract is level with mostly Blount Silt Loam soils.

Tract 2: 43± ac with nearly 800 feet of road frontage along CR 50S. This tract is level with mostly Blount Silt Loam soils.

Tract 3: 23± ac with nearly 1000 feet of road frontage along CR 50S and nearly 500 feet of road frontage along CR 41E. This large L shaped corner tract has more Pewamo silty clay with some Blount silt loam.

Tract 4: 9± ac with nearly 600 feet of road frontage along CR 41E. This is an elevated piece of land overlooking the entire farm. There is approximately 6 acres of tillable land and approximately 3 acres of grass land. This potentially would be a great walk-out building site or a great recreational piece of property. For purposes of a building site, it would be the responsibility of the buyer to get approvals from the Dekalb County Plan Commission.


AREA MAP

Satellite area map of the auction location near Auburn, Indiana - Dekalb County

TRACT MAP(S)

Tract map - 110+/- Acres offered in 4 Tillable Tracts

SOIL INFORMATION

Soil map - 110+/- Acres offered in 4 Tillable Tracts

PLAT MAP(S)

Plat map - 110+/- Acres offered in 4 Tillable Tracts

AREA MAP(S)

Area map - 110+/- Acres offered in 4 Tillable Tracts

PROCEDURE: The property will be offered in 4 tracts, and combination of the tracts. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on each tract and the combination may compete.

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 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 PRICES: All successful bidders will be required to enter into purchase agreements at the auction’s site immediately following the close of the auction. Seller reserves the right to reject any and all bids.

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

DEED: Seller shall provide a Trustee’s Deed(s).

CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession on day of closing, immediately following the closing.

BUILDING APPROVAL: These are currently not â€

None at this time