• Possible Building Sites • Development Opportunity • Farm Land
65+/- Acres Offered in 2 Tracts
Versailles, Indiana - Southeast of Columbus
Owner: Dorothy J. Adams Tue, May 10, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Wednesday, April 20 from 4 - 6 PM
PROPERTY LOCATION
From Versailles, IN, at the intersection of SR 129 & US 421, take US 421 2 miles south to CR 200S, then go east on CR 200S approximately 1/4 mile to property on north side of CR 200S.
AUCTION LOCATION
Tyson Library, 325 W. Tyson Street, Versailles, IN
PROPERTY DESCRIPTION
Versailles Corp. Limits is less than 1,000 ft. from Tract 2.
Schools are north of subjects property along Benham Road.
City Utilities are along Benham Road but not down to CR 200 S. Also there is natural gas along Benham Road and Canan water along CR 200 S.
There is a water hydrant at the northwest corner of Tract 1 on the adjacent property.
Real Estate Taxes: 2010 pay 2011 - $1064/6 months, which includes the house and 8 acres.
TRACT DESCRIPTIONS
Tract 1: 19± ac land with a barn, two tool sheds and small utility buildings. This tract has frontage on CR 200S and Graham Creek. Also this tract has 10.2 acres of crop land; pasture and wooded area. This tract could make an excellent building site.
Tract 2: 46± ac land with 41.26 acres of crop land. Also this tract of land has frontage on CR 200 S and Benham Road.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
AREA MAP(S)
PROCEDURE: The property will be offered in 2 tracts or as a total unit of 65+/- acres.
DOWN PAYMENT: 10% down payment on the day of auction. 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 PRICE: The successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The final bid price is 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: Seller shall provide a Warranty Deed.
CLOSING: The balance of the purchase price is due at closing.
POSSESSION: Possession after the 2011 crops are harvested, but before December 1, 2011.
REAL ESTATE TAXES: Buyer will be responsible for the 2011 real estate taxes due in May 2012 and any ditch tax in May 2011 if any.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates has been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.
SURVEY: If this property is sold in tracts, then a new survey will be provided. The cost of a new survey will be split 50/50 between the Seller and Buyer.
EASEMENTS: Sale of the property is subject to any and all easements of record.
MINERAL RIGHTS: The Buyer(s) will receive 100% of the mineral rights.
AGENCY: Schrader Real Estate & Auction Company, Inc. 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 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 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.
None at this time
