• Wildlife • Recreation • Potential Building Sites • CRP Income • East of Warsaw • West of Pierceton • Washington Township • Whitko Schools
62.7 Acres in 2 Tracts - Recreation and Potential Building Sites
Pierceton, Indiana - Kosciusko County
Owner: Jane Demske Sat, Dec 19, 2009 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Call the Auciton Manager for a Private Inspection
PROPERTY LOCATION
From US 30 at Pierceton turn South on SR 13, cross railroad, turn West on Market Street, 1.75 miles West on the Pierceton Road or 5 Miles East of Winona Lake on the Pierceton Road.
AUCTION LOCATION
Pierceton Community Building - south of U.S. 30 on SR 13 at Walnut Street. Behind the fire station.
PROPERTY DESCRIPTION
TRACT #1: 30.40 Acres, excellent potential building site, wooded, wildlife and CRP income. Abundant road frontage on Pierceton Road and Washington Road. Parcel ID 009-113-002.
TRACT #2: 32.30 Acres, hunting and wildlife, woods, potential secluded building site and CRP income. Approximately 300â€TM of road frontage on Pierceton Road. Parcel ID 009-114-001.
CRP: There are 46.4 acres in the Farm Service Agency CRP program that pays 82.05 per acre or a total of 3807. annually until September 30, 2019. Buyers will be required to keep the land in the program until the expiration date. Any penalties or fees for removing the land from the program will be at the Buyers expense.
Closing: Shall be on or before December 31 with a 10% earnest money deposit the day of the auction. If closing in January 2010 a 25% earnest money deposit is required the day of the auction.
TRACT DESCRIPTIONS
Tract 1: 30.4± ac Excellent potential building site, wooded, wildlife and CRP income. Abundant road frontage on Pierceton Road and Washington Road. Parcel ID 009-113-002.
Tract 2: 32.3± ac Hunting and wildlife, woods, potential secluded building site and CRP income. Approximately 300' of road frontage on Pierceton Road. Parcel ID 009-114-001.
AREA MAP
TRACT MAP(S)
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: Tracts 1&2 will be offered in individual tracts. There will be open bidding on the tracts or the whole property during the auction as determined by the auctioneer. The property will be sold 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 if closing on or before December 31, 2009; 25% down if closing in January, 2010, with balance in cash at closing. The down payment may be in the form of cash, cashierâ€TMs 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 will provide a warranty deed.
EVIDENCE OF TITLE: Seller will provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place on or before December 31, 2009 or in January 2010 with 25% down as stated above.
POSSESSION: At closing.
REAL ESTATE TAXES: Taxes shall be pro-rated to day of closing.
DITCH ASSESSMENTS: The Buyer shall pay the 2010 ditch assessments due in May.
SURVEY: There will be no new survey as the property has an existing legal description.
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. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an â€oeAS IS, WHERE IS†basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the personâ€TMs 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.
STOCK PHOTOGRAPHY: Photos of wildlife are for illustrative purposes only and were not taken on the property.
None at this time
