• Property photo 1 - 57 Acres Offered in 3 Tracts
  • Property photo 2 - 57 Acres Offered in 3 Tracts
  • Property photo 3 - 57 Acres Offered in 3 Tracts
  • Property photo 4 - 57 Acres Offered in 3 Tracts
  • Property photo 5 - 57 Acres Offered in 3 Tracts
  • Property photo 6 - 57 Acres Offered in 3 Tracts
  • Property photo 7 - 57 Acres Offered in 3 Tracts
  • Property photo 8 - 57 Acres Offered in 3 Tracts
  • Property photo 9 - 57 Acres Offered in 3 Tracts
  • Property photo 10 - 57 Acres Offered in 3 Tracts
  • Property photo 11 - 57 Acres Offered in 3 Tracts
  • Property photo 12 - 57 Acres Offered in 3 Tracts
  • Property photo 13 - 57 Acres Offered in 3 Tracts
  • Property photo 14 - 57 Acres Offered in 3 Tracts
57 Acres Offered in 3 Tracts

57 Acres Offered in 3 Tracts

Clinton Co., IN

Owner: Joan Jacoby Mon, Nov 8, 2010 EASTERN

AUCTION IS OVER

• Productive Tillable Farmland • Treaty & Fincastle Soils • Potential Pasture for Horses • Rossville Schools (4 Star school system)


OPEN HOUSE/INSPECTION DATES

Sat., October 9 from 9 am-12 Noon
Sun., October 24 from 1-4 p.m.

PROPERTY LOCATION

5181 N. ST. RD. 39, Frankfort, IN 46041. From the intersection of S.R. 26/S.R. 39 in Rossville, IN, go South on S.R. 39 approx. 4 miles to the property. The farm is on both S.R. 39 and C.R. 500 N.

AUCTION LOCATION

50 E. North St., Bennett Room, Rossville, IN 46065.

TRACT DESCRIPTIONS

Tract 1: 20.5± ac of productive tillable cropland. This tract features Treaty Silt Loam and Fincastle-Crosby Silt Loam soils, which are among the highest rated soils in Clinton County. This tract has road frontage on both S.R. 39 and C.R. 500 N.

Tract 2: 17.5± ac of productive tillable cropland. This tract also features high quality Treaty and Fincastle-Crosby Soils. This parcel has approx. 175 feet of road frontage on C.R. 500 N.

Tract 3: 19.6± ac with a Turn of the Century Home.This tract also has very productive Treaty and Fincastle-Crosby soils. This tract also includes many outbuildings. Great potential mini-farm for the horse enthusiast or 4-H projects.


AREA MAP

Satellite area map of the auction location near Clinton Co., IN

TRACT MAP(S)

Tract map - 57 Acres Offered in 3 Tracts

SOIL INFORMATION

Soil map - 57 Acres Offered in 3 Tracts

AREA MAP(S)

Area map - 57 Acres Offered in 3 Tracts

PROCEDURE: This property will be offered in 3 individual tracts, any combination of tracts or as whole 57 ± acre property. The property will be sold in the manner resulting in the highest total sale price.

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.

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 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.

CLOSING: The balance of the purchase price is due at closing, which shall take place on or before December 15, 2010. Closing costs for an administered closing shall be shared 50:50 between Buyer(s) and Sellers.

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

POSSESSION: Possession shall be at closing.

REAL ESTATE TAXES: Buyer shall assume the 2011 real estate taxes due in 2012. Buyer shall assume any Ditch Assessments due in 2011 and thereafter.

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

FSA INFORMATION: The farm is enrolled at the Clinton County FSA office in Frankfort, IN., which shall make all acreage determinations and eligibility for farming programs.

EASEMENTS: Sale of the property is subject to any and all easements of record.

MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the Seller, if any.

SURVEY: No survey will be done, as existing legal descriptions exist.

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