• Quality Farm Land • Possible Building Sites • Farmhouse on 11± Acres for Mini Farm • Southeast of Lafayette, IN • Tippecanoe Co.
81.605 Acres Offered in 7 Tracts
Southeast of Lafayette, IN
Owner: Jay R. House, Mary Ann Haan, Janet Kay Sheets, Marcia Lee Golden, Mary Lynn McIntyre, William Widmer, Steven E. Widmer and John F. Brand Mon, Feb 7, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
January 15th from 9am -12noon EST
January 22nd from 9am -12noon EST
Or for a private showing call
Jim at 888-808-8680.
PROPERTY LOCATION
From the intersection of I-65 & SR 38 take SR 38 approximately 1/2 mile to Dayton, IN to Dayton Road, then go south on Dayton Road approximately 1 1/2 miles south, property is on both side of Dayton Road.
AUCTION LOCATION
Best Western Conference Center at the intersection of I-65 & SR 26.
PROPERTY DESCRIPTION
Schools: Dayton Elementary, Wainwright Middle,
McCutcheon High School
Real Estate Taxes - 2009 Pay 2010:
Tracts 1-5 - $2218.02/year / Tracts 6&7 - $555.64/year
TRACT DESCRIPTIONS
Tract 1: 13.8± ac acre parcel of farmland with 552 ft.+ frontage on Dayton Road. This tract has quality soil and mostly all tillable.
Tract 2: 11.4± ac This tract consists of 11.382 acres containing an older 2-story farmhouse with 4 bedrooms, 2 ½ baths, kitchen, dining & living room and a basement. This house has oil heat, LP gas for appliances, central air and some new windows. Also west of the house there is an excellent building site, this tract has 413 ft.+ frontage on Dayton Road.
Tract 3: 10.8± ac parcel of land mostly all tillable with 392 ft.+ frontage on Dayton Road.
Tract 4: 11.0± ac also mostly tillable and has 366 ft. of frontage on Dayton Road.
Tract 5: 14.4± ac parcel of land, mostly all tillable with 452 ft.+ on Dayton Road and 1634 ft.+ on CR 460S.
Tract 6: 10.1± ac acre parcel with 552 ft.+ frontage on Dayton Road. This tract is mostly all tillable with a small portion being an old gravel pit.
Tract 7: 10.0± ac with Corn crib and small grain bin. There is an underground water line from the house to this tract. There is a small portion of this tract that is an old gravel pit.
AREA MAP
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 7 individual tracts, any combination of tracts and as a total 81.605-acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete.
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 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 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 owner’s 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.
POSSESSION: Possession is at closing.
REAL ESTATE TAXES: Buyer(s) will be responsible for the 2011 real estate taxes due in May 2012 and any ditch tax in May 2011 if any; except for Tract 2, this tract will be pro-rated to day 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. Inspection dates has been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder’s 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 are based off new survey.
SURVEY: A current survey is available.
EASEMENTS: Sale of the property is subject to any and all easements of record.
MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the 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
