• Productive Tillable Land • Scenic Wooded Land • This is a great opportunity to purchase 102 acres of tillable land in one location.
120+/- Acres Offered in 3 Tracts
Grant County, Indiana
Owner: Bret Goff & Ann McCullough Thu, Dec 8, 2011 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Walk over inspections welcome.
PROPERTY LOCATION
From the intersection of I-69 and SR18 East of Marion, Indiana, travel East on SR 18 1.5 miles to property.
AUCTION LOCATION
557 W. Washington St., Upland, Indiana. From the upland Town Hall in downtown Upland, travel West on Washington Street 5 blocks to the Upland Community Building.
TRACT DESCRIPTIONS
Tract 1: 60± ac Approximately 1,000 feet of frontage on SR 18. Approx. 56 acres tillable. Primary soil types are Pewamo and Blount.
Tract 2: 52± ac Approximately 200 feet of frontage on SR 18. Approximately 46 acres tillable, primary soil types are Pewamo and Blount.
Tract 3: 8± ac Woods with approximately 800 feet of frontage on SR 18.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: Three tracts will be offered in individual 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, subject to tenant’s rights. Seller shall receive the 2011 cash rent.
REAL ESTATE TAXES: Seller will pay the 2011 real estate taxes due in 2012. Current annual Real Estate taxes are $2,027.96. Current annual ditch assessment is $112.46.
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 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. There is a wind farm land lease in place, contact the auction company for details.
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€
None at this time
