• Land Auction • Combination of Good Cropland and Pretty Woodland • 3-1/2 Miles South of Connersville on Hwy. 1 near Everton • Municipal water and sewer on or nearby all tracts
185+/- Acres Offered in 10 Tracts
Connersville and Everton, Fayette County, Southeast Indiana
Owner: Hollingsworth Properties LLC, Robert and Karen Hollingsworth Thu, Sep 22, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Saturday, September 10, 9-11 AM
Monday, September 19, 3-5 PM
PROPERTY LOCATION
From Connersville, IN at Hwy. 44 and Hwy. 1 east of town, proceed south on Hwy. 1 about 3 1/2 mi. on both sides of Hwy. 1. From Brookville, IN at Hwy. 1 and Hwy. 52 north approximately 10 miles. Easy drive to Oxford Ohio and Harrison Ohio.
AUCTION LOCATION
Expo Hall, 2640 Roberts Park Rd., Connersville, IN. Located on Hwy. 1 and North Park Rd. Turn at Dairy Queen onto 4/H Fairgrounds. Northeast side of Connersville.
PROPERTY DESCRIPTION
- Municipal water and sewer on or nearby all tracts
- Over 1/2 mile frontage on Hwy. 1 between Connersville & Everton, IN
- 3 mi. from Brookville Lake at Quakertown Ramp
- 10 miles North of Brookville
- 45 minutes North of Cincinnati
- City water on Co. Rd. 350S
- Billboard income
TRACT DESCRIPTIONS
Tract 1: 11± ac All cropland with about 1,000 ft. of frontage on Hwy. 1 and about 721 ft. of frontage on Co. Rd. 150E. Great tract to own for your investment future.
Tract 2: 16± ac Est. 10 acres cropland and 6 acres woodland. About 683 ft. of frontage on Co. Rd. 150E. Nice income and recreational tract for the whole family.
Tract 3: 13± ac All cropland with frontage on Hwy. 1 and east side of Co. Rd. 150E.
Tract 4: 5± ac Woods and pasture with great frontage on Hwy. 1. Two old barns. This is just what you have been looking for your place in the country.
Tract 5: 42± ac Est. 40 acres cropland. Fincastle and Xenia soils.
Tract 6: 22± ac Est. 15 acres cropland and 7 acres woodland. About 1,400 ft. of frontage on Hwy. 1.
Tract 7: 26± ac Est. 22 acres tillable and about 2,173 ft. of frontage on Hwy. 1 and about 484 ft. of frontage on Co. Rd. 350S. Great investment tract.
Tract 8: 26± ac Est. 20 acres cropland and nice little woodland on Co. Rd. 350S.
Tract 9: 14± ac All woodland. Here is the perfect size recreation tract for the entire family. Off road but not far and about 150 ft. of frontage on Hwy. 1. ATV, hunting, camping and your own wood supply too. Not far from Brookville Lake.
Tract 10: 10± ac All cropland. About 845 ft. of frontage on Hwy. 1 on the south side and 2 billboards. Good long term investment opportunity.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
PROCEDURES: The property will be offered in 10 individual tracts, any combination of tracts, or as a total 185 acre unit. 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: Real Estate 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash; 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: Successful bidder(s) will be required to enter into a purchase agreement 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: Sellers shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Sellers shall provide Warranty Deed.
CLOSING: The balance of the real estate purchase price is due at closing, which will take place within 15 days of presentation of title policy estimated on or before November 1, 2011.
POSSESSION: At closing subject to 2011 crop removal. Buyer to receive 2012 crop rights and USDA benefits if any.
REAL ESTATE TAXES: Buyer to pay installment due and payable May 2013. Seller to pay all 2011 and 2012 payable taxes at closing. Taxes estimated at $21/acre cropland/yr. and $6/acre woodland/yr.
ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.
SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Buyer(s) and Seller will share survey expense 50:50. Combination purchases will receive a perimeter survey only. Closing prices will be adjusted to reflect any differences between advertised and surveyed acreages.
FSA INFORMATION: Farm #1403, Tracts #1098 and #1364. Total 140.6 acres cropland. Corn base of 119.1 acres with yield of 106 Bu. and Wheat base of 21.5 acres with yield of 44 Bu.
EASEMENTS: Sale of the property is subject to any and all easements of record.
MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the Seller.
AGENCY: Schrader Real Estate and 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 AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the seller or the auction company. 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 Sellers or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers and Selling Agents reserve the right to preclude any person from bidding if there is any question as the persons credentials, fitness, etc. All decision of the Auctioneer is final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AUCTION COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.
None at this time
