• Productive Tillable Land • Auction - 1pm Central Time • Online Bidding available
39.618 Acre Land Auction Offered in 2 Tracts
North of Morocco, Indiana
Owner: Gweneth E. Manchester Rev. Living Land Trust Fri, Sep 23, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Wednesday, September 7, 4-6 PM
PROPERTY LOCATION
From the intersection of SR 114 & US 41; take US 41 approximately 3-1/2 miles North to CR 50 S; then go 1/4 mile West on CR 50 S. Property is on the North side of CR 50 S.
AUCTION LOCATION
From US 41 & SR 114 intersection; travel approximately 1 mile West to the intersection of SR 114 & Polk Street. Go North on Polk Street approximately 1/4 mile to Beaver Township and Morocco Fire Dept.
Online Bidding available. Contact Sales Manager for details.
PROPERTY DESCRIPTION
FSA Information: This farm is combined with another farm.
Fall & Spring Taxes: $331.00, Ditch Taxes: $55.00
TRACT DESCRIPTIONS
Tract 1: 33.6± ac Mostly tillable except for an open ditch and Country Road.
Tract 2: 6.0± ac Mostly tillable except for an open ditch and Country Road.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 2 tracts. DOWN PAYMENT: 10% down payment on the day of auction. The down payment may be made in the form of 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 PRICE: The successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The final bid price is subject to the Sellers acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Sellers shall provide Trustee Deeds.
CLOSING: The balance of the purchase price is due at closing, which will take place around December 1, 2011. Costs for an insured closing shall be shared 50:50 between Buyer and Seller.
POSSESSION: Possession is at closing, subject to tenants rights. REAL ESTATE TAXES: Buyer will pay the 2012 taxes payable 2013 and the 2012 ditch tax. ACREAGE: All acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos.
SURVEY: The sellers have provided a current survey of the property. AGENCY: Schrader Real Estate & 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 AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. 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 Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
None at this time
