70.811 Acres Productive Tillable Land
Between Monticello & Monon, Indiana - White County
Owner: Vicki Pugh Thu, Aug 25, 2011 EASTERNAUCTION IS OVER
PROPERTY LOCATION
From Monon: Take US 421 1 mile South to Quarry Road, then on Quarry go approximately 1 mile East, just across the Railroad tracks. The property is on the South side of Quarry Road.
AUCTION LOCATION
Reynold, Indiana at the White County 4-H Building. 1 Block North of US 24 on the East side of Reynold, IN.
TRACT DESCRIPTIONS
Tract 1: 70.8± ac This farm has some quality soils and is almost all tillable land. This farm has 1,815± feet of frontage on Quarry Road.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 1 tract. DOWN PAYMENT: 10% down payment on the day of auction. The down payment may be made in the form of 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.
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 Seller’s acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owner’s title insurance policy in the amount of the purchase price.
DEED: Sellers shall provide Warranty Deeds.
CLOSING: The balance of the purchase price is due at closing, which will take place around December 1, 2011. Costs for an insured closing shall be shared 50:50 between Buyer and Seller.
POSSESSION: Possession is at closing, subject to tenants rights. REAL ESTATE TAXES: 2010 Payable 2011 Real estate taxes are $587.36 per six months. Ditch taxes are $106.22 per six months. Buyer will pay the 2012 taxes payable 2013 and the 2012 ditch tax. ACREAGE: All acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos.
SURVEY: A new survey will be ordered only if needed for good title insurance policy and the cost of the new survey will be split 50:50 between buyer and seller. 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 â€
None at this time
