• 6:00 PM Central Time • Some Excellent Quality Soils
96.02+/- Acres of Quality Tillable Land
South of Rensselaer, IN
Owner: Carl & Suzy Curran Thu, Nov 17, 2011 EASTERNAUCTION IS OVER
PROPERTY LOCATION
From Rensselaer, take US 231 approximately 2 miles south to CR 800S, then go approximately 3/4 mile west on CR 800S to CR 650W. The property is at the northeast corner of CR 800S & CR 650W.
AUCTION LOCATION
From Rensselaer, take SR 114 approximately 1-1/2 miles west to the Jasper County Fairgrounds or from I-65 & SR 114, take SR 114 approximately 1-1/2 miles east to the Jasper County Fairgrounds.
PROPERTY DESCRIPTION
This 96+/- acre tract of quality land with 93.5 acres of tillable land. This farm has frontage on CR 800S & CR 650W.
2010 Real Estate Taxes - Payable 2011
Real Estate Taxes $940.91/year. Ditch Tax $240.29/year
TRACT DESCRIPTIONS
Tract 1:
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
PROCEDURE: The property will be offered as a total 96+/- acre unit.
DOWN PAYMENT: 10% down payment on the day of auction. 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 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 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 a Warranty Deed.
CLOSING: The balance of the purchase price is due at closing, which will take place on or before December 15, 2011. Closing costs for an administered closing shall be shared 50:50 between Buyer and Seller.
POSSESSION: Possession shall be at closing, subject to tenants rights for the 2011 crops.
REAL ESTATE TAXES: Buyer shall assume the 2012 real estate taxes due in 2013. Buyer shall assume any ditch assessments due in 2012 and thereafter.
ACREAGE: All acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos.
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, if any.
SURVEY: No survey will be done, as existing legal descriptions exist, unless needed for good title.
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 MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
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