• Good Productive Soils • Timber Futures • Potential Building Sites • Hunting & Recreation • n excellent investment opportunity so close to Fort Wayne, yet a good productive farm!!
75.3 Acres Offered in 2 Tracts
Fort Wayne, Indiana
Owner: Louis P. Seddelmeyer & Norma J. Brueck Mon, Dec 5, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Walk-over
inspections permitted!
Wear hunter orange while in the woods! CALL SCHRADER OFFICE FOR QUESTIONS, BROCHURE, MAPS.
PROPERTY LOCATION
6500 TILLMAN ROAD (Property located south of New Haven, 1/4 mile east of Adams Center Road)
AUCTION LOCATION
Auction held at Voigt’s Retreat, 7903 Seiler Rd., Fort Wayne
TRACT DESCRIPTIONS
Tract 1: 35.3± ac 29 Acres Tillable with 6.31 of woods. Soils are a mix of Pewamo silty clay and Blount silt loam. There is approximately 245 feet of road frontage with drive onto the property. There is a mixture of maturing oaks, beech, hickory and other hardwoods in the woods. A great opportunity to purchase a future home site with woods and privacy! A short drive to I-469 to the south, and now the planned Maplecrest Extension to the north!
Tract 2: 40± ac 32.55 Acres Tillable with 7.45 of woods. Again, soils are a mix of Pewamo silty clay and Blount silt loam. There is also a mix of maturing hardwoods in the 7.45 acre woods. This is a swing tract with no access, therefore, can be bid on separately only by an adjacent land owner or can be bid in combination with Tract 1.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
PROCEDURE: The property will be offered in 2 tracts, and the combination of the 2 tracts. There will be open bidding on both tracts and the combination during the auction as determined by the Auctioneer. Bids on each tract, and the total property may compete.
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 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 PRICES: All successful bidders will be required to enter into purchase agreements at the auctions site immediately following the close of the auction. Seller reserves the right to reject any and all bids.
EVIDENCE OF TITLE: Seller shall provide an owner’s title insurance policy in the amount of the purchase price.
DEED: Seller shall provide General Warranty Deed(s).
CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession shall be at closing, immediately following the closing. REAL ESTATE TAXES: The Seller shall pay all 2011 Real Estate Taxes due and payable in 2012. Buyer(s) shall assume and pay Real Estate taxes May, 2013 all thereafter. Buyer shall pay any ditch assessments due and payable in 2012. ACREAGE: All tract acreage, 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 the tract divisions in this auction create new boundaries. Solely the Seller shall determine any need for a new survey. 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 Seller’s option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only.
AGENCY: Schrader Real Estate & Auction of Fort Wayne, LLC. 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 â€
None at this time
