SOLD

41 +/- Acres Offered in 2 Tracts - Tillable Land & Building Site

Fort Wayne, IN - Northwest Allen County

Owner: Town of Huntertown Thu, Oct 25, 2012 EASTERN

AUCTION IS OVER

TOTAL SOLD: $296,000

Tract(s): 1+2 @ $296,000 ($7,155/acre)


OPEN HOUSE/INSPECTION DATES

Tuesday, October 2, 4-7 p.m.

Meet a Schrader representative at the farm!

PROPERTY LOCATION

Johnson Road, 1 mile north of Carroll Road, Section 27 of Eel River Twp.

AUCTION LOCATION

Allen County Fairgrounds, 2726 Carroll Road, Fort Wayne.

TRACT DESCRIPTIONS

Tract 1: 39.4± ac TRACT OF LAND WITH 38.9 ACRES OF TILLABLE LAND (per FSA). This tract is rolling and has the Dawson and Geller drainage ditches as the east and south borders of the property respectively. The soils are Houghton muck, Brookston silty clay loam, Miami and Martinsville loam. The muck has been tiled. Productivity is considered above average for the area with a Corn Index of 152 bushels. This tract has nearly 1000 feet of road frontage along the Johnson Road.

Tract 2: 2 ACRE BUILDING SITE. This tract is at the northwest corner of the farm. It has a stone driveway, well, and septic system. There previously was a manufactured home on this site. This tract would once again need to be approved by the Allen County Plan commission as a buildable site. There is over 300 feet of road frontage on this site.


AREA MAP

TRACT MAP(S)

SOIL INFORMATION

PLAT MAP(S)

AREA MAP(S)

PROCEDURE: The property will be offered in 2 tracts, and the combination of the 2 tracts. There will be open bidding on both tracts and the combination during the auction as determined by the Auctioneer. Bids on each tract, and the total property may compete.

DOWN PAYMENT: 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 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: All successful bidders will be required to enter into purchase agreements at the auctions site immediately following the close of the auction. Seller reserves the right to reject any and all bids.

EVIDENCE OF TITLE: Seller shall provide an ownerÃ

Auction Brochure

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