• Recreation with Development Potential • Near Crane Navel Support Center • Timber • Tillable Land
36.17 Acres
Scotland, Indiana, Green County - South of Bloomfield
Owner: Mark L. Timmer Wed, Feb 9, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Monday, January 31st
11:00AM-1:00PM
Meet a Schrader representative at the property.
PROPERTY LOCATION
From Bloomfield (at Court House), take Hwy 231 south 7.8 miles to the junction of Hwy 231 & Hwy 45, turn left and go .1 mile to CR 745S, turn right (east) and continue 1.3 miles (through Scotland) to Sand Hill Estate then turn right and proceed to the property.
AUCTION LOCATION
On Site.
TRACT DESCRIPTIONS
Tract 1: 36.2± ac The property consists of 36.17 acres of unimproved land situated adjacent to Sand Hill Estates subdivision. There are approximately 12 cropland acres with the balance in woods. There is public water available. This property is suitable of development or recreation.
AREA MAP
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered as an individual tract.
DOWN PAYMENT: 10% of the Contract Purchase Price as down payment on the day of auction with the balance in cash at closing. 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: The property will sell at absolute auction to the highest bidder regardless of price. The successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction.
DEED: Seller will convey by Warranty Deed(s).
EVIDENCE OF TITLE: The Owner agrees to furnish at Owner’s expense a Title Insurance Policy. A preliminary commitment will be available for review prior to the auction.
CLOSING: The closing shall take place 30 days after the auction day, or as soon thereafter as applicable closing documents are completed by Seller.
POSSESSION: Possession is at closing, subject to any tenant’s rights.
MINERAL RIGHTS: All mineral rights owned by the Seller, if any, shall be conveyed.
REAL ESTATE TAXES: The 2010 calendar year taxes due in 2011 shall be paid by the owner at closing. The 2011 taxes due in 2012 shall be paid by the Buyer.
ACREAGE AND TRACTS: All acreages are approximate and have been estimated based on current legal descriptions and/or aerial photos. Any corrections, additions, or deletions will be made known prior to the auction.
SURVEY: The property shall not be surveyed by the Seller. The current legal descriptions shall be used to convey title.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates has been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder’s safety during any physical inspection of the property.
AGENCY: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller. There shall be no subagency.
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 an â€
None at this time
