• Productive Tillable Land • Woods • Hunting & Recreation • Potential Building Sites • Investment Potential
66 Acres Offered in 3 Tracts
North Webster, IN - Kosciusko County
Owner: Joe & Betty Barrett Joint Revocable Trust Sat, Mar 26, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Walk over inspections welcome. Call for private inspections.
PROPERTY LOCATION
In North Webster on SR 13 (S. Main St.), turn West on E. Huntington St. (CR 600N), 1/2 mile to property on South side of road.
AUCTION LOCATION
At the North Webster Community Center on SR 13, just North of the stoplight.
PROPERTY DESCRIPTION
Parcel ID# 005-058-002
TRACT DESCRIPTIONS
Tract 1: 23± ac Nearly all tillable; an excellent location for a secluded, gently rolling building site. Approximately 150 ft. of road frontage.
Tract 2: 20± ac Nearly all tillable; an excellent location for a gently rolling building site. Approximately 200 ft. of road frontage.
Tract 3: 23± ac All wooded, with the Tippecanoe River meandering thru. Nature lover or hunters paradise. Great potential building site. 50 ft. of road frontage on CR 600 N. Ingress, Egress easement on Blaine St., on the south side of North Webster Elementary School (CR N 750 E).
AREA MAP
TRACT MAP(S)
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: Tracts 1 -3 will be offered in individual tracts, or as a total unit. There will be open bidding on all tracts. 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 the auction with balance in cash at closing. The down payment may be in the form of cash, cashier’s 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 shall provide a Trustee’s deed.
EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place 15 days after proof of merchantable title.
POSSESSION: at closing on non-tillable land after harvest on tillable land. Buyer to receive 2011 cash rent. The tillable land is leased for the 2011 crop year only.
REAL ESTATE TAXES: Buyer to pay 2011 taxes, due in 2012.
DITCH ASSESSMENTS: Buyer shall pay all ditch assessments due after closing.
ACREAGE: All acreage is approximate and has 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 new boundaries are created by the tract divisions in the auction. Any need for a new survey will be determined solely by the Seller, cost of the survey will be split 50/50 between Buyer and Seller. The type of survey performed shall be at the Seller’s option and sufficient for providing title insurance. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres. In the event that the entire property sells to one buyer there shall be no survey.
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. Tract acreage has been estimated based on aerial photographs.The property is being sold on an â€
Click to access
