• High Quality Cropland - Top Soils • Investment Quality Property • Existing Til & 10" Outlet on Farm • GPS Soils Test Available • New Survey to be Completed Prior to Auction
AUCTION CANCELLED 105+/- Acres Offered in 1 Tract
North of Centerville, Indiana
Owner: Helen C. Harris Wed, Jun 1, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Friday, May 20 from 3-5 PM &
Saturday, May 21 from 9-11 AM
PROPERTY LOCATION
5368 Centerville Road North, Richmond. 5 miles north of Centerville or 6 mi. northwest of Richmond. From I-70 (Exit 45) at Centerville Rd. north 3 1/2 mi. to property on the west side of road.
AUCTION LOCATION
Greens Fork Amvets Post 38, 110 East Pear Street & Hwy. 38. Greens Fork is located between Richmond and Hagerstown.
TRACT DESCRIPTIONS
Tract 1: 105± ac All cropland. High quality Treaty, Celina and Crosby soils. Estimated 920 ft. of frontage on Centerville Rd. Tiled and GPS soil test.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
AREA MAP(S)
PROCEDURES: The property will be offered in 1 individual tract as a total 105 acre unit. There will be open bidding during the auction as determined by the Auctioneer.
DOWNPAYMENT: Real Estate 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash; 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 PRICES: Successful bidder(s) will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. All final bid prices are subject to the Seller’s acceptance or rejection.
EVIDENCE OF TITLE: Sellers shall provide an owner’s title insurance policy in the amount of the purchase price.
DEED: Sellers shall provide Warranty Deed.
CLOSING: The balance of the real estate purchase price is due at closing, which will take place within 15 days of presentation of title policy estimated on or before July 8, 2011.
POSSESSION: At closing subject to 2011 crop lease. Buyer to assume lease and receive 2nd half cash rent @ $85/acre x 79 acres or $6,715 payable November 1, 2011. Buyer to receive possession at removal of 2011 crops. Buyer to be responsible for ½ new fence cost if desired by Buyer and Seller.
REAL ESTATE TAXES: Buyer to pay installment due and payable November 2011 to be paid at closing ($920.00 total). Taxes estimated at $23/acre/yr.
ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.
SURVEY: Property to be sold with new survey provided by seller prior to auction.
FSA INFORMATION: Farm #692, Tract #992. Total 165.7 acres cropland. Corn base of 47.8 acres with yield of 126 Bu., and Soybean base of 61.1 acres with yield of 31 Bu. Wheat base of 37.2 with yield of 48 Bu. Direct payment of $2,872.
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 and 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 â€
None at this time
