Auction is over
80 Acres Offered in 7 Tracts
Kosciusko County, Monroe Township · Owner: Rick & Callie Deeter
- Auction dateThu, Jun 9, 2011 ET
- Acres80±
- Tracts7
- Auction held atAt the Pierceton Community Building in Pierceton, at the intersection of State Road 13 and Walnut Street.
- Tillable Land
- Potential Building Sites
- Woods
- Wildlife, Hunting & Recreation
- South of Pierceton, North of Sidney
- Whitko Schools
Open house / inspection dates
Walk-over property inspections or call the sale managers for private inspections.
Property location
5563 E 750 S, Pierceton, IN. 5 miles south of Pierceton, or 1 mile north of Sidney on State Rd. 13, to County Rd. 725 S, turn east one half mile to property.
Auction location
At the Pierceton Community Building in Pierceton, at the intersection of State Road 13 and Walnut Street.
Tract descriptions
| Tract | Acres | Description |
|---|---|---|
| 1 | 6± | nearly all tillable, productive land or potential building site. Road frontage on CR 725 S and 550 E. |
| 2 | 10± | nearly all tillable or great potential building site. With frontage on CR 550 E |
| 3 | 5± | all tillable land or gently rolling potential building site. Road frontage on CR 750 S. |
| 4 | 1.5± | potential building site, well, barns and storage building. On CR 750 S. |
| 5 | 16± | with 50’ owned access on CR 750 S. Excellent wildlife and recreational parcel. Secluded building site with a meandering creek. |
| 6 | 20± | mostly tillable, productive farm ground or potential secluded building site with a 50’ owned access lane with frontage on CR 750 S. |
| 7 | 21.5± | approximately 5.5 acres of tillable land, with remainder wooded and recreational. Private, potential building site, road frontage on CR 750 S. |
Area map
Tract map
Soil information
Plat map
Terms
PROCEDURE: Tracts 1-7 will be offered in individual tracts, and in any combination of these tracts, or as a total unit. There will be open bidding on all tracts and combinations of tracts during the auction as determined by the auctioneer. The property will be bid in the manner resulting in the highest total sale price.
DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, 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. 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 Warranty deed.
EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place 15 days after proof of merchantable title.
POSSESSION: At closing.
REAL ESTATE TAXES: Seller pays 2010 taxes due in 2011. Buyer shall pay all taxes thereafter.
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: AT THE SELLER’S OPTION, 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 Seller’s option and sufficient for providing title insurance. Closing prices shall be adjusted on 10 or more acres to reflect any difference between advertised and surveyed acres, if a new survey is determined to be necessary by the Seller. Tracts bid in combinations shall receive a perimeter survey only.
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. Tract acreage has been estimated based on aerial photographs. The property is being sold on an â€
Documents & downloads
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