Historic Absolute Real Estate Auction - 315 Acres in 15 Tracts

Elkhart County, Indiana

Owner: American Countryside Wed, Jun 15, 2011 EASTERN

AUCTION IS OVER

• Selling Regardless of Price • 51,000+ SF Commercial Building • 250 Acres Productive Farmland • 7 Commercial Outlots • Shovel-Ready • Developed Infrastructure • 15 Total Tracts


OPEN HOUSE/INSPECTION DATES

THURSDAY, MAY 19 from 1PM - 4PM


THURSDAY, JUNE 2 from 4PM - 7PM


Meet an Auction Representative at the Property for Further Information.

PROPERTY LOCATION

Located on on the south side of the US 20-Bypass, at the corner of State Road 19 and County Road 26 in Elkhart County, Indiana

AUCTION LOCATION

On site.

PROPERTY DESCRIPTION

A Hub of Business & Technology


  • Former 51,000 SF. Farmers Market
  • Total floor area: 51,452 square feet on two stories
  • 215 Indoor Vendor Spaces
  • City Water/Utilities/Sewer
  • 250 Acres of Productive Farmland
  • (7) Surrounding 10 Acre Commercial Lots
  • Shovel Ready for Your New Business
  • Developed Infrastucture
  • Separate Power Substation
  • Automated HVAC/Lights
  • Separate Meters
  • Dark Fiber Optics - Broadband



    Welcome to the Largest Mortis & Tenon Structure in the World!


    This three story structure is constructed in the old-world tradition using wooden pegs to hold the morris and tenon wood joints together. The expansive building, longer than a football field, features hundreds of solid heavy timber beams, columns and braces that are prepared with mortis and tenons, cut and notched together for the framing of the three-story barn structure. It has three towering cupolas with the center cupola topping out at 84-feet high. High clerestory windows provide natural lighting and ventilation for the large open interior spaces in the barn. It is air-conditioned and can be open year-round. The columns, slope beams and braces were harvested locally and sawed on an Indiana Amish farm. The logs are from white and red oak, hickory, beech and poplar trees. Most of the beams are from seasoned douglas firs that were shipped from Idaho on nine trucks. The largest timbers, making up the center court, are a gigantic 16Ã

    TRACT DESCRIPTIONS

    Tract 1: 10± ac corner lot with 460+/- feet of frontage on CR 26 and 940 feet of frontage on SR 19.

    Tract 2: 10± ac with 470+/- feet of frontage on SR 19. Access via Farmers Market Access Road.

    Tract 3: 10± ac with 460+/- feet of frontage on SR 19. Access is via a 30 ft. easement, partially wooded.

    Tract 4: 10± ac with approximately 450 feet of frontage on SR 19. Access is via a 30 ft. easement to CR 26. Tract is improved with a 3 bedroom, 2800 sq. ft. home built in 1965 along with a 24 ft.x32 ft. garage.

    Tract 5: 10± ac mostly tillable land with access via a 30 ft. easement to CR 26. Soils are primarily Crosier.

    Tract 6: 15± ac improved with the American Countryside Market.

    Tract 7: 10± ac with 1000+/- feet of frontage on CR 26 and is partially wooded.

    Tract 8: 8± ac swing tract that must be bid in combination with Tracts 7, 9, 10 or 13. Soils are mostly Crosier-Williamstown.

    Tract 9: 41± ac with 2000 feet of frontage along the US 20 bypass. There is approximately 35 acres tillable. Soil types are mainly Crosier and Brookston Loam.

    Tract 10: 26± ac with 1000 feet of frontage on CR 26. This tract is mostly tillable with soil types being mainly Crosier Loam.

    Tract 11: 33± ac with approximately 1200 feet of frontage on CR 26. Tract mostly tillable with mainly Crosier Loam soils.

    Tract 12: 20± ac corner lot with approximately 800 feet of frontage on CR 26 and 1000 feet of frontage on CR 7. Tract is mostly tillable with mainly Crosier Loam and Brookston Loam soils.

    Tract 13: 57± ac with approximately 950 ft. of frontage on CR 7. There are approximately 41.4 acres of tillable land with the balance being mostly woods. Soil types are mainly Crosier and Brookston Loam.

    Tract 14: 50± ac with approximately 36 acres tillable. Soil types are mainly Crosier and Brookston Loam.

    Tract 15: 5± ac with approx. 435 ft. of frontage on CR 7 and improved with an 1800 sq. ft., brick, 3 bedroom home built in 1966, an additional 768 sq. ft., 1 bedroom home built in 1966 along with a shop building and grain bin.


    AREA MAP

  • TRACT MAP(S)

    AREA MAP(S)

    PROCEDURE: This property totalling 315 acres will be offered in 15 individual tracts, any combination of tracts, or the entire property. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. Bids on tracts and tract combinations may compete.

    DOWN PAYMENT: 10% down payment on the day of auction with the balance at closing. The down payment may be made in the form of cash, personal check with bank letter, cashiers check, or certified 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.

    BUYERÃ

    None at this time