• Property photo 1 - 57 Acres Offered in 3 Tracts
57 Acres Offered in 3 Tracts

57 Acres Offered in 3 Tracts

Muncie, Indiana

Owner: Connie Mosier Tue, Jul 5, 2011 EASTERN

AUCTION IS OVER

• Productive Tillable Land! • Great Soils!


OPEN HOUSE/INSPECTION DATES

Call the Sale Manager for Private Inspections.

PROPERTY LOCATION

7101 W. State Road 28, Muncie, IN 47304. From I-69 and State Road 28, travel 5 miles east to the property.

AUCTION LOCATION

At the Gaston Lions Club building, 7449 W. Co. Rd. 850 N, Gaston, IN. From downtown Gaston, travel east 1.4 miles.

TRACT DESCRIPTIONS

Tract 1: 17± ac with approximately 630 ft. frontage on St. Rd. 28 and approximately 385 ft. frontage on Co. Rd. 450W.

Tract 2: 20± ac with approximately 630 ft. frontage on Co. Rd. 450 W.

Tract 3: 20± ac with approximately 630 ft. frontage on Co. Rd. 450 W.


AREA MAP

Satellite area map of the auction location near Muncie, Indiana

TRACT MAP(S)

Tract map - 57 Acres Offered in 3 Tracts

SOIL INFORMATION

Soil map - 57 Acres Offered in 3 Tracts

PLAT MAP(S)

Plat map - 57 Acres Offered in 3 Tracts

AREA MAP(S)

Area map - 57 Acres Offered in 3 Tracts

PROCEDURE: Tracts 1-3 will be offered in individual tracts, and in any combination of these tracts, or as a total unit. There will be open bidding on all tracts and combinations of tracts during the auction as determined by the auctioneer. The property will be bid in the manner resulting in the highest total sale price.

DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be 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. APPROVAL 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.

DEED: Seller shall provide a Warranty deed.

EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place 15 days after proof of merchantable title.

POSSESSION: At closing, subject to tenant’s rights. Seller shall receive the 2011 cash rent.

REAL ESTATE TAXES: Real estate taxes shall be pro-rated to the date of closing.

DITCH ASSESSMENTS: Buyer shall pay all ditch assessments due after closing.

ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.

SURVEY: AT THE SELLER’S OPTION, 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 the auction. Any need for a new survey will be determined solely by the Seller, cost of the survey will be split 50/50 between Buyer and Seller. The type of survey performed shall be at the Seller’s option and sufficient for providing title insurance. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres, if a new survey is determined to be necessary by the Seller. Tracts bid in combinations shall receive a perimeter survey only.

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

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an â€

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