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REAL ESTATE & PERSONAL PROPERTY AUCTION
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40 Acres offered in 4 Tracts or Combinations
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REAL ESTATE TO SELL @ NOON
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40 Acres
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Home, Barns
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PERSONAL PROPERTY TO SELL @ 9AM
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Tractor
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Small Implements
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Tools
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Antiques & Collectibles
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Furniture
REAL ESTATE & PERSONAL PROPERTY AUCTION, 40 Acres offered in 4 Tracts or Combos
Auburn, Indiana, DeKalb County
Owner: Anna Louise Sellke Equipment & Personal Property at 9:00 AM EASTERNReal Estate Sat, Jun 14, 2014 EASTERN
AUCTION IS OVER
TOTAL SOLD: $340,000
| Tract(s): 1 | @ $65,000 | ($32,500/acre) |
| Tract(s): 2-4 | @ $275,000 | ($7,237/acre) |
OPEN HOUSE/INSPECTION DATES
Sunday, May 18, 2 - 4PM
or call office for private appointment!
PROPERTY LOCATION
7137 County Road 19, Auburn, Indiana
(Located just south off C.R. 68 and just west of I-69)
AUCTION LOCATION
Held Onsite
TRACT DESCRIPTIONS
Tract 1:
2± ac
2 Story 3 Bedroom, 2 Bath Farm house with Barns on 2 Acres. Home features a spacious country kitchen with excellent cupboards and lots of storage! Dishwasher and Range sell with home! Large front living room with built in bookshelves! Bedroom on the main level and 2 very large bedrooms upstairs! Full bath on each level! Full Basement with utilities! Large garden area plus many perennials growing! Included are two barns: 34 x 60 metal barn with all concrete and electricity. Double 12 x 12 sliding doors. Plus the 20 x 35 Grainery / Stall barn with drive thru lean to and corn crib.
Tract 2:
11± ac
Tillable Acres. This tract offers nearly 400 ft. of road frontage and runs back over 800 ft. deep. The terrain rolls up and would be a potential building site offering a walk out site to the back. Soils are mostly Glynwood loam on this tract.
Tract 3:
9± ac
SWING TRACT, Tillable Acres. This tract contains the swale that goes through the property but also offers a rolling terrain for a scenic elevated site with walk-out potential. It can be purchased either in combination with Tract 2 for added acreage for farming or add to Tract 4 for wildlife forage. Combine 1, 2, and 3 for a complete 22 acre mini farm.
Tract 4: 18± ac Wooded & Wetlands Acres. ATTENTION HUNTERS!! This is a heavily traveled deer property! Potential DNR pond for ducks & geese! This tract has a 25 ft. owned access and offers an elevated wooded area that overlooks and forms a bowl around the wetlands area in the middle. Mixtures of hardwoods in the wooded areas! This would offer an outstanding recreation area for any homes built on the front tracts! Combine all 4 tracts for a complete 40 acre mini farm and recreation area!!
EQUIPMENT & PERSONAL PROPERTY
ANTIQUES & COLLECTIBLES:
FURNITURE, APPLIANCES, & HOUSE WARES:
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
AREA MAP(S)
PROCEDURE: The property will be offered in 4 tracts, and combination of the tracts as permitted by Swing Tract rules. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on each tract and the combination may compete.
DOWN PAYMENT: 10% down payment on all tracts on the day of auction with the balance in cash at closing. 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: All successful bidders will be required to enter into purchase agreements at the auctions site immediately following the close of the auction.
All final bid prices are subject to the Sellers acceptance or refection.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide a Warranty Deed(s).
EASEMENTS: Buyer(s) shall sign a declaration of easement which will be recorded as Addendum B providing for drainage easement rights. A copy of the declaration of easement is available from auction office.
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the auction. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession shall be on day of closing, immediately following the closing, and subject to any of tenant farmers crops.
REAL ESTATE TAXES: The Real Estate taxes shall be pro-rated to the day of closing.
ACREAGE: All tract acreage, dimensions and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: The Seller shall provide a new survey where there is no existing legal description or where the tract divisions in this auction create new boundaries. Solely the Seller shall determine any need for a new survey. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only.
AGENCY: Schrader Real Estate & Auction of Fort Wayne, LLC., 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 AS 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. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verifications by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. Conduct of the auction and increments of bidding are at the 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 persons 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.
PERSONAL PROPERTY TERMS: Cash, personal check, VISA or MASTERCARD with proper I.D. (4% convenience fee applies with all credit card purchases). Not responsible for accidents. Announcements at auction take precedence.
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