• REAL ESTATE @ 9AM & PERSONAL PROPERTY @ 10AM • 70.9+/- Acres offered in 4 Tracts • Gently Rolling Wooded Setting • Tillable Acreage • Wildlife Retreat • 4 Bedroom Home • (2) 32 ft. x 75 ft. Pole Barns • Road Frontage on 3 Sides • 3 Miles Northeast of Churubusco • Northwest Allen Schools • Rare Find - Take Advantage of the Opportunity

REAL ESTATE & PERSONAL PROPERTY AUCTION - 70.9+/- ACRES OFFERED IN 4 TRACTS IN ALLEN COUNTY, INDIANA
Allen County - Eel River Township
Owner: Robert & Nancy Jones Real Estate Sat, Jun 4, 2016 EASTERNEquipment & Personal Property at 10:00 AM EASTERN
AUCTION IS OVER
TOTAL SOLD: $608,000
Tract(s): 1 | @ $178,000 | ($8,900/acre) |
Tract(s): 2+3 | @ $320,000 | ($6,680/acre) |
Tract(s): 4 | @ $110,000 |
OPEN HOUSE/INSPECTION DATES
Monday, May 9, 4-5:30 PM & Saturday, May 14, 9:30-11 AM - Or call sale manager for an appointment to inspect the home.
Auction Note: After 55 years on the farm, Robert & Nancy have purchased a home in Churubusco and have decided to sell the farm.
PROPERTY LOCATION
LOCATED 3 Miles northeast of Churubusco on SR 205 to Wesley Chapel Road, then south 1/2 mile to auction.
AUCTION LOCATION
Held On Site
TRACT DESCRIPTIONS
Tract 1: 20± ac about evenly divided by gently rolling grassland & peaceful wooded area. A unique country setting at the intersection of Wesley Chapel & Bryie Roads.
Tract 2: 21± ac of slightly rolling grassland that has not been farmed since 2003. This tract fronts on Wesley Chapel Road and would join with Tract 4 to make an excellent mini farm.
Tract 3: 26.9± ac sportsman or wildlife paradise with road frontage on SR 205 and Wesley Chapel Road. An elite recreational tract in the NW Allen Schools District.
Tract 4:
3± ac
with 1-1/2 story, 1798 square foot, 4 bedroom home and (2) 32 ft. x 75 ft. pole barns.
BUY ANY TRACT - ANY COMBINATION - OR THE ENTIRE PROPERTY
Allen County, Eel River Township - 3 Miles NE of Churubusco - NW Allen Schools
EQUIPMENT & PERSONAL PROPERTY
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: Tract 1 through 4 will be offered individually, in any combination, or in total. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer.
DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. 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 auction site immediately following the close of the auction. All final bid prices are 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 Warranty Deed(s).
CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurance title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession will be given at closing, except for cropland. Possession of cropland shall be given October 1, 2016.
REAL ESTATE TAXES: Pro-rated to date of closing.
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. 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.
ACREAGE: All tract acreages, 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 new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. 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 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 MATERIALS OR ANY OTHER ORAL STATEMENTS MADE.
PERSONAL PROPERTY TERMS: Cash, check with proper I.D. and Visa or Mastercard (4% convenience fee). All announcements made day of sale take precedence over any and all printed material and oral statements made.
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