AUCTION IS OVER

TOTAL SOLD: $218,000

Tract(s): 1

@ $218,000

($7,755/acre)

• FARMLAND AUCTION
• 29+/- Acres offered in 1 Tract
• Excellent level, Tillable farmland
• Possible Development Potential
• Frontage on Dupont & Fritz Road
• Quality soils, Predominantly Crosby, Pewamo & Haskins
• Online Bidding Available

PROPERTY LOCATION

From intersection of US 30 & US 33 - travel northwest on US 33 approx. 1 mile to Fritz Rd, then north (right) on Fritz Rd approx. 2 miles, property on left.
Or on SR 3 - travel north of Ft Wayne, IN, approx. 3 miles to Dupont Rd, then west (left) approx. 2.5 miles to property on left.

AUCTION LOCATION

Held at the Allen County Fairgrounds, 2726 Carroll Rd, Fort Wayne, IN 46818

AREA MAP

TRACT MAP(S)

SOIL INFORMATION

AREA MAP(S)

PROCEDURE: This property will be offered in 1 individual tract as a total 29+/- acre unit.

ACCEPTANCE OF BID PRICES: 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 are subject to the Sellers acceptance or rejection.

DOWN PAYMENT: 10% down payment on the day of auction with the balance in cash at closing. The down payment may be made 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.

CLOSING: The balance of the purchase price is due at closing, which shall take place within 15 days from delivery of marketable title. Closing costs for an administered closing shall be shared 50:50 between Buyer(s) and Sellers.

EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.

POSSESSION: Possession of the land shall be at closing.

REAL ESTATE TAXES: Seller shall pay the 2014 taxes due in 2015, buyer shall pay all subsequent taxes thereafter.

ACREAGE: Tract acreages, dimensions and proposed boundaries are approximate and have been estimated based on aerial photos and the current legal description.

EASEMENTS: Sale of the property is subject to any and all easements of record.

SURVEY: A new perimeter survey will be completed only if necessary for Title Commitment. The seller shall determine any need for a new survey and shall order survey. The cost of the new survey, if necessary, shall be split 50/50 between Buyer and Seller.

AGENCY: Schrader Real Estate and 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 Sellers or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduction 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 Sellers or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers 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.

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.

STOCK PHOTOGRAPHY: Some photos are for illustrative purposes only and are not of the auction property.

Auction Brochure

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FARMLAND AUCTION, 29+/- Acres offered in 1 Tract