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241.01+/- Acres offered in 10 Tracts
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Real Estate Auction
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Productive Tillable Land
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Potential Building Sites
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Woods, Wildlife, Hunting & Recreation
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Two Country Homes
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Warsaw Community Schools
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Attention! Farmers, Investors, Home Site Buyers & Hunters - Excellent Opportunity Offered Only at Auction.
REAL ESTATE AUCTION, 241.01+/- Acres offered in 10 Tracts, Mostly Tillable Land
Kosciusko County, Indiana, Southeast of Warsaw, Southwest of Pierceton
Owner: Miriam L. McCleary Revocable Trust Mon, Mar 24, 2014 EASTERNAUCTION IS OVER
TOTAL SOLD: $1,960,000
| Tract(s): 1+2+7+8+10 | @ $1,262,000 | ($6,722/acre) |
| Tract(s): 3 | @ $68,000 | ($34,000/acre) |
| Tract(s): 4 | @ $110,000 | ($7,714/acre) |
| Tract(s): 5+6 | @ $255,000 | ($13,077/acre) |
| Tract(s): 9 | @ $265,000 | ($15,143/acre) |
OPEN HOUSE/INSPECTION DATES
Wednesday, February 26 from 4:30-6 PM Saturday, March 1 from 10-11:30 AM
Call the Sale Managers for Private Inspections.
PROPERTY LOCATION
3096 & 3346 S. Packerton Rd., Warsaw, Indiana.
US 30 on the East side of Warsaw to CR 250 E, turn South to Pierceton Rd., for Tract #1 turn East 1/4 mile to CR 275 E, then turn South 1.5 miles. For Tracts 2-10 at the Pierceton Rd. turn West 3/4 mile to the Packerton Rd., then turn South & follow Packerton Rd. 1-3/4 miles to the farm.
AUCTION LOCATION
The Center Lake Pavilion, 119 E Canal St., Warsaw, Indiana.
At the Intersection of US 30 & SR 15, turn South on SR 15 (Detroit St.) 1.5 miles to Canal St., Center Lake Park, turn right to pavilion.
TRACT DESCRIPTIONS
Tract 1:
50± ac
43+/- acres of productive, tillable land with 1240 ft.+/- of road frontage on CR S 275 E.
Tract 2:
63± ac
Mostly productive, tillable acres with 340 ft.+/- of road frontage on Packerton Rd. Combine tracts 1 and 2 for 106+/- tillable acres.
Tract 3:
2± ac
3096 S. Packerton Rd., Warsaw. 1-1/2 story country home with 1664+/- square foot with all natural oak woodwork and wood floor thru out. Kitchen with appliances, dining and living rooms with built in original oak storage cabinets, 4 Bedrooms, 1 down and 3 upstairs, mudroom/back porch and laundry (including washer and dryer, pantry closet. Forced air furnace, water softener, copper plumbing. There is a 24 ft. x 40 ft. building and a 40 ft. x 60 ft. bank barn. Excellent opportunity for livestock, 4-H or mini-farm. Approximately 376 ft. of road frontage. Combine with Tract 4 for additional pasture, recreational area.
Tract 4:
14.3± ac
Mostly wooded, potential building site or excellent for hunting, wildlife and recreation. 500 ft.+/- of road frontage on Packerton Rd.
Tract 5:
17.5± ac
Potential building site, or secluded woods with wildlife, hunting and recreation potential. 315 ft.+/- of road frontage on Packerton Rd.
Tract 6:
2± ac
3346 S. Packerton Rd., Warsaw. Country home with 1101+/- square foot and attached 1 car garage. Eat-in kitchen with appliances, living room, 1-1/2 bathrooms, 2 bedrooms and den/3rd bedroom and laundry room with washer and dryer. 30 ft. x 26 ft. and 36 ft. x 20 ft. outbuildings. Approximately 380 ft.+/- of road frontage. Combine with Tract 5 and/or Tract 7 for additional acreage.
Tract 7:
20.5± ac
Mostly productive, tillable land with 620 ft.+/- of road frontage on Packerton Rd.
Tract 8:
22± ac
Mostly tillable, productive tillable land with 925 ft.+/- of road frontage on Packerton Rd.
Tract 9:
17.5± ac
Secluded hunters paradise with ideal food plot area or 8.5+/- tillable acres or potential building site. 50 ft.+/- of road frontage on Packerton Rd.
Tract 10:
32.2± ac
Productive, tillable land and wooded areas with 830 ft.+/- of road frontage on Packerton Rd. and 1320 ft. +/- of road frontage on CR E 400 S.
Parcel ID # ft.s: 003-172-002, 003-172-002.DA, 003-173-002, 003-174-001, 003-174-00
Bid your price on your choice of tract, any combination of tracts, or on the whole property.
Note: The farm has been rented for the 2014 crop year. Buyers of Tillable land shall receive the cash rent according to tillable acreage on the tract or tracts purchased. Call or visit www.GaryBaileyAuctions.com for cash rent acreage per tract. Also, the homes are currently rented and the tenants shall have 45 days after closing to remain in the homes.
AREA MAP
TRACT MAP(S)
Tracts 1-10
Tracts 1-7
Tracts 8-10
SOIL INFORMATION
Tracts 1-10
Tracts 1-7
Tracts 8-10
AREA MAP(S)
PROCEDURE: Bid on individual tracts any combination of tracts or on the entire property. There will be open bidding on all tracts and combinations 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 with balance in cash at closing. The down payment may be in the form of cash, 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.
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. Purchase agreements will be signed by the registered bidder only. If you choose to share the purchase with another party, you will be required to do so after the completion of closing as indicated on the signed purchase agreement.
DEED: Sellers will provide a Trustees deed.
EVIDENCE OF TITLE: Sellers will provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place 15 days after marketable title.
POSSESSION: At closing on non Ã
