• Property photo 1 - 37 Acres Offered in 6 Tracts
  • Property photo 2 - 37 Acres Offered in 6 Tracts
  • Property photo 3 - 37 Acres Offered in 6 Tracts
37 Acres Offered in 6 Tracts

37 Acres Offered in 6 Tracts

Columbia City, Indiana

Owner: Marcia Holloway Mon, Jul 25, 2011 EASTERN

AUCTION IS OVER

• ATTENTION: INVESTORS, HOME BUILDERS • 35+/- Tillable Acres • Tillable Farm Land • Plotted Building Sites


OPEN HOUSE/INSPECTION DATES

Crops are planted, walk over inspections welcomed.

PROPERTY LOCATION

From intersection US 30 and St. Rd. 205, travel northeast on St. Rd. 205 approximately 2 miles to property or from intersection St. Rd. 205 and Cider Mill Road, travel west ¼ mile to property. (Frontage on both St. Rd. 205 and Co. Rd. Cider Mill.) (The Hollows Subdivision)

AUCTION LOCATION

Eagle’s Nest Event Center located at St. Rd. 205 East, Columbia City, IN, located in Eagle Glen Addition.

TRACT DESCRIPTIONS

Tract 1: 7.6± ac 665 ft. frontage on Cider Mill Road. Combine with Tracts 5 & 6 for 20+/- tillable acres.

Tract 2: 7.0± ac 640 ft. frontage on Cider Mill Road. This tract has elevation with good view.

Tract 3: 3.4± ac Excellent frontage on St. Rd. 205

Tract 4: 4.5± ac Excellent frontage on St. Rd. 205. Combine with Tract 3 for rare building site with tremendous access off of St. Rd. 205.

Tract 5: 8.8± ac Frontage on St. Rd. 205. Building site with room to enjoy.

Tract 6: 5.8± ac Frontage on St. Rd. 205. This tract has a lot of depth. Flexibility to build as desired.


AREA MAP

Satellite area map of the auction location near Columbia City, Indiana

TRACT MAP(S)

Tract map - 37 Acres Offered in 6 Tracts

SOIL INFORMATION

Soil map - 37 Acres Offered in 6 Tracts

PLAT MAP(S)

Plat map - 37 Acres Offered in 6 Tracts

AREA MAP(S)

Area map - 37 Acres Offered in 6 Tracts

PROCEDURE: The property will be offered in 6 individual tracts, any combination of tracts, or as a total 37.17±-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 auction with the balance in cash at closing. The down payment may be made 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.

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 Seller’s acceptance or rejection.

EVIDENCE OF TITLE: Sellers shall provide an owner’s 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 marketable title. Costs for an insured closing shall be shared 50:50 between Buyer and Seller.

POSSESSION: Following 2011 harvest, or possession at closing for home building only. Contact Auction Company for tenants reimbursement. REAL ESTATE TAXES: Buyer to assume taxes May 2013 and thereafter. SURVEY: Survey has been completed. Buyer will receive The Hollows subdivision survey.

Subdivision: The Hollows is a plotted, approved subdivision. Soil tests have been completed and are available. If purchased for agri business, these will be provided to Buyer for future use.

Restrictions and Covenants: Contact Auction Company for a copy of The Hollows restrictions and covenants.

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 an â€

None at this time