• Property photo 1 - 40 Acres Offered in 3 Tracts
  • Property photo 2 - 40 Acres Offered in 3 Tracts
  • Property photo 3 - 40 Acres Offered in 3 Tracts
  • Property photo 4 - 40 Acres Offered in 3 Tracts
  • Property photo 5 - 40 Acres Offered in 3 Tracts
  • Property photo 6 - 40 Acres Offered in 3 Tracts
  • Property photo 7 - 40 Acres Offered in 3 Tracts
  • Property photo 8 - 40 Acres Offered in 3 Tracts
  • Property photo 9 - 40 Acres Offered in 3 Tracts
  • Property photo 10 - 40 Acres Offered in 3 Tracts
  • Property photo 11 - 40 Acres Offered in 3 Tracts
  • Property photo 12 - 40 Acres Offered in 3 Tracts
40 Acres Offered in 3 Tracts

40 Acres Offered in 3 Tracts

Columbia City, Indiana

Owner: Blanche Bockelman Trust Wed, Aug 24, 2011 EASTERN

AUCTION IS OVER

• Beautiful Home • Tillable Land • Hunting & Recreation


PROPERTY LOCATION

1890 S 800 E, Columbia City, IN. Approximately 8 miles west of Fort Wayne, IN or 8 miles east of Columbia City, IN on US 30 to the County Line Road, then north ½ mile to the property (corner of Lincolnway and 800E-County Line).

AUCTION LOCATION

On site.

TRACT DESCRIPTIONS

Tract 1: 21.6± ac with frontage on Lincolnway. Hunting & recreational tract also provides some beautiful building sites.

Tract 2: 15.4± ac mostly all tillable farm land with frontage on Lincolnway and 800 E.

Tract 3: 3± ac with 2457 sq. ft. home. 3 bedrooms, 3 bathrooms, attached garage situated on a beautiful setting. A 30 ft. x 50 ft. pole barn with concrete floor is also included.


AREA MAP

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

TRACT MAP(S)

Tract map - 40 Acres Offered in 3 Tracts

SOIL INFORMATION

Soil map - 40 Acres Offered in 3 Tracts

AREA MAP(S)

Area map - 40 Acres Offered in 3 Tracts

PROCEDURE: The property will be offered in 3 individual tracts, any combination of tracts and as a total 40-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: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of 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: 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.

EVIDENCE OF TITLE: Seller shall provide an owner’s title insurance policy in the amount of the purchase price.

DEED: Seller shall provide Trustee’s Deed(s).

DEED RESTRICTIONS: The following deed restrictions shall apply if the property sells in multiple tracts: All homes must be built to the Indiana 1 & 2 Family Dwelling Code. (This would exclude all mobile homes and typical doublewide modular homes.) The minimum square footage (exclusive of garages, basements and porches) on single story homes shall be 1,400 square feet. The minimum square footage on 1-1/2 story homes shall be 1,600 square feet. The minimum square footage on 2 story homes shall be 1,800 square feet. All homes must have no less than a 5/12 roof pitch and no less than a two-car, attached garage.

PERIMETER DRAIN TILE EASEMENT: Easement access will be provided over tracts in this property for perimeter drain tile outlets if perimeter drain tile outlets beyond each individual tract are required by the Whitley County Health Department.

CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession is at closing subject to tenants rights on cropland.

REAL ESTATE TAXES: Real estate taxes will be pro-rated to the date of closing. 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. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.

SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Seller’s option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only. 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 â€

None at this time