• Tillable Land • Recreational Land • Rolling Fenced & Wooded Pasture • Excellent Hunting • Woods with Creek
146+/- Acres Offered in 4 Tracts
North Manchester & Silver Lake, IN
Owner: Deane Kline Wed, Sep 1, 2010 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
August 19 from 4-6 PM
Meet a Schrader representative at Tract 3.
PROPERTY LOCATION
From intersection of St. Rd. 13 & St. Rd. 14, travel west 3 miles to farm.
AUCTION LOCATION
Silver Lake Lions Building. 4 Blocks East of SR 15 on SR 14 to Harrison Street then North 1 block.
PROPERTY DESCRIPTION
Come inspect this beautiful land!
In the Schrader method of auction you may bid on individual tracts or combine tracts that best fit your needs.
TRACT DESCRIPTIONS
Tract 1: 66± ac with 57 +/- tillable land with road frontage on St. Rd. 14 and Packerton Road.
Tract 2: 20.5± ac with 17+/- tillable land.
Tract 3: 41.5± ac with 16.5+/- tillable land. This tract has beautiful rolling pasture with wooded draws. Combine with Tract 4 for endless recreation.
Tract 4: 18.3± ac "Swing Tract," beautiful woods with mixed hardwoods. This rolling wooded tract, with creek, provides excellent hunting or recreation possibilities.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: Bid on individual tracts any combination of tracts or on the entire property. 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, 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 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 in 15 days after marketable title.
POSSESSION: At closing on non-tillable land. Possession on tillable land shall be after closing with tenants rights to harvest 2010 crops.
REAL ESTATE TAXES: The Seller shall pay the 2010 real estate taxes, due in 2011. The Buyer shall pay all taxes thereafter.
DITCH ASSESSMENTS: The Buyers shall pay any 2011 ditch assessments.
SURVEY: The Seller shall determine any need for a new survey. Tracts purchased separately or in combinations that contain entire existing legal descriptions shall not be surveyed any balance of the Tracts purchased shall be surveyed and price adjusted according to surveyed acres using the existing legal as the basis for the non surveyed portions. 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. The survey costs shall be shared 50:50 between Buyer(s) and Seller. Seller shall not be responsible for any closing costs incurred by the Buyer(s) for financing.
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. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an â€
None at this time
