• Property photo 1 - 114+/- Acres Offered in 4 Tracts
  • Property photo 2 - 114+/- Acres Offered in 4 Tracts
  • Property photo 3 - 114+/- Acres Offered in 4 Tracts
  • Property photo 4 - 114+/- Acres Offered in 4 Tracts
  • Property photo 5 - 114+/- Acres Offered in 4 Tracts
  • Property photo 6 - 114+/- Acres Offered in 4 Tracts
  • Property photo 7 - 114+/- Acres Offered in 4 Tracts
  • Property photo 8 - 114+/- Acres Offered in 4 Tracts
  • Property photo 9 - 114+/- Acres Offered in 4 Tracts
114+/- Acres Offered in 4 Tracts

114+/- Acres Offered in 4 Tracts

East of Rochester - Northwest of Akron - Southwest of Mentone, Indiana

Owner: Melvin Miller & John Whetstone Tue, Aug 23, 2011 EASTERN

AUCTION IS OVER

• Fulton County • Henry Township • Tillable Productive Land • Potential Building Sites • Wildlife, Recreation, Hunting, Woods Bid your price on your choice of tracts or the entire property.


OPEN HOUSE/INSPECTION DATES

Walk over inspections welcome.

PROPERTY LOCATION

1 Mile west of Akron on State Road 14 to CR 1000 E. Turn north 2 miles to the property on the Northwest corner of CR 1000 E & 100 N.

AUCTION LOCATION

At the Baptist Activity Center, 206 S. Oak St., Mentone, IN 46539. On the west side of Mentone, 1 block south of SR 25 on Oak St.

PROPERTY DESCRIPTION

Note: The property has been entered into various FSA and USDA programs. For complete farm information and payments, call the Sale managers or visit our websites at www. schraderauction.com or www.garybaileyauctions.com. There are land use restrictions according to the Fulton County Plan Commission rules and regulations. For complete property use information call the sale managers or visit one of our websites.

TRACT DESCRIPTIONS

Tract 1: 40.5± ac hunting, wildlife and recreation, excellent water fowl hunting on the ponds, with pheasant, quail and turkey in the grassland and trophy deer hunting on the entire tract. 9.3+/- acres of woods and great mushroom hunting.

Tract 2: 50.5± ac productive, tillable land.

Tract 3: 15± ac potential building site, CRP tree program.

Tract 4: 8± ac potential building site, CRP tree program.


AREA MAP

Satellite area map of the auction location near East of Rochester - Northwest of Akron - Southwest of Mentone, Indiana

TRACT MAP(S)

Tract map - 114+/- Acres Offered in 4 Tracts

PLAT MAP(S)

Plat map - 114+/- Acres Offered in 4 Tracts

PROCEDURE: Tracts 1-4 will be offered in individual tracts, and in any combination of these tracts, or as a total unit. There will be open bidding on all tracts and combinations of tracts during the auction as determined by the auctioneer. The property will be bid 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, 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. 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 shall provide a Warranty deed.

EVIDENCE OF TITLE: Seller shall 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 on non-tillable land and after harvest of tillable land.

CRP: Call or email for complete information. The information shall be posted at www.schraderauction.com and garybaileyauctions.com.

REAL ESTATE TAXES: Seller pays 2011 taxes due in 2012. Buyer shall pay all taxes thereafter.

DITCH ASSESSMENTS: Buyer shall pay all ditch assessments due after closing.

ACREAGE: All acreage is approximate and has 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 the auction. Any need for a new survey will be determined solely by the Seller, cost of the survey will be split 50/50 between Buyer and Seller. The type of survey performed shall be at the Seller’s option and sufficient for providing title insurance. In the event that the entire property sells to one buyer there shall be no survey.

EASEMENTS: The sale of the property is subject to any and all easements of record.

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. Tract acreage has been estimated based on aerial photographs. The property is being sold on an â€

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