• Productive Tillable Land • Woods & Recreation Land with Creek • Potential Building Site • 12 +/- Miles from Huntington, IN • 8 +/- Miles from Warren, IN
110 +/- Acres Offered in 4 Tracts - Land Auction
Jefferson Township - Huntington County, IN
Owner: Anna King Trust Wed, Sep 19, 2012 EASTERNAUCTION IS OVER
TOTAL SOLD: $487,000
| Tract(s): 1+2 | @ $375,000 | ($5,208/acre) |
| Tract(s): 3 | @ $40,000 | ($5,000/acre) |
| Tract(s): 4 | @ $72,000 | ($2,400/acre) |
OPEN HOUSE/INSPECTION DATES
Thursday, August 30, 4-6 pm
Saturday, September 15, 9-11 am
Walk-Overs Welcome.
PROPERTY LOCATION
From St. Rd. 9 & St. Rd. 124 travel south 2 miles to 800 S, turn left (east) and travel 1 mile, turn right on 600 W and immediate left on 800 S, continue 1 mile to farm. Watch for signs.
AUCTION LOCATION
Dogwood Glen Golf Course Club House. 753 E 900 S, Warren, IN 46792. Directions: From St. Rd. 5 and Interstate 69 travel south on St. Rd. 5 approx. 1.6 miles to 900 S, turn right (west) to the Club House located on the left.
TRACT DESCRIPTIONS
Tract 1: 59± ac with 53 +/- acres tillable. The balance is wooded land. This tract has road frontage on 800 S and includes the farm lane to access the back of the farm. With the back of the farm predominately Blount Silt Loam and Pewamo Silty Clay Loam soils.
Tract 2: 13± ac mostly all tillable with road frontage on 800 S & 500 W.
Tract 3: 8± ac with 4 +/- acres tillable. Don't overlook this possible building site with woods, a creek and endless recreational possibilities.
Tract 4: 30± ac mostly all wooded with a creek and 2 +/- acres of hay. This tract has both hunting and recreational possibilities or build your dream home with room to roam!
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 4 individual tracts and as a total 110 +/- acre unit. There will be open bidding during the auction as determined by the Auctioneer. Bids on individual tracts 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 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: Successful bidder(s) will be required to enter into purchase agreement 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 owners title insurance policy in the amount of the purchase price.
DEED: An appropriate deed will be delivered at closing.
CLOSING: Closing shall take place 30 days after auction date, or as soon thereafter as applicable closing documents are completed.
POSSESSION: At closing, which shall take place within 15 days of marketable title.
REAL ESTATE TAXES: Seller shall pay the 2012 real estate taxes due in 2013. The Buyer will assume the taxes due thereafter.
ACREAGE: All tract divisions are approximate acres.
SURVEY: A new boundary survey was completed in August 2012. If farm sells as a whole, no new boundary survey will be done and the cost of this survey will be split 50:50 between Buyer and Seller. If new boundaries are created by the tract divisions in this auction, Buyer(s) and Seller shall share survey expense 50:50.
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.
AGENCY: Schrader Real Estate and Auction Company, Inc. and its representatives are exclusive agents of the Seller.
STOCK PHOTOGRAPHY: Stock photography has been used in the brochure for illustrative purposes only.
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 AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
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