• 26.74+/- Acres offered in 2 Tracts • Productive Tillable Land • Woods • Hunting & Recreation • Frontage on Little River • Investment Potential • Investors do not miss this opportunity! Approx. 19 tillable acres. Bid your price on either tract or the entire property!
LAND AUCTION - 26.74+/- ACRES OFFERED IN 2 TRACTS IN HUNTINGTON COUNTY, INDIANA
Roanoke, Indiana - Huntington County
Owner: The Barbara Shirey Estate Wed, Apr 27, 2016 EASTERNAUCTION IS OVER
TOTAL SOLD: $181,650
| Tract(s): 1+2 | @ $181,650 | ($6,793/acre) |
OPEN HOUSE/INSPECTION DATES
Walk Over Inspections Welcome!
Call for Private Inspections.
PROPERTY LOCATION
On US 24 between CR 900N and Station Road.
AUCTION LOCATION
At the Cottage Event Center, on the east side of Roanoke on US 24. 9524 US 24 @ Locust Drive Roanoke, IN 46783.
TRACT DESCRIPTIONS
Tract 1: 7.7± ac Nearly all tillable; small wooded area on the south side of CR 900 N. Approximately 150 ft. of road frontage on US 24 and 560 ft. on Station Road. High visibility from US 24, great investment opportunity.
Tract 2: 19± ac Approximately 14 productive tillable acres and 5 wooded acres with approximately 1600 ft. of frontage on Little River great for hunting and fishing and approximately 350 ft. of road frontage on Station Road. A new entrance is being constructed on CR 900 N.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
AREA MAP(S)
BUYERS PREMIUM: A buyers premium of 5% will be added to the final bid price to determine the contract purchase price.
PROCEDURE: Tracts 1 and 2 will be offered in individual tracts, or as a total unit. There will be open bidding on both 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, 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.
DEED: Seller shall provide a Personal Representatives deed.
EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place 30 days after proof of merchantable title.
POSSESSION: at closing.
REAL ESTATE TAXES: Pro-rate to day of closing
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 Sellers 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. 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. Tract acreage has been estimated based on aerial photographs. The property is being sold on an 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. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company 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.
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