• 44 Acre Gravel Pit • Excellent Turn-Key Investment • Wooded Tract - Potential Building Site • Commercial Tract with Excellent Road Frontage
Hixon Sand & Gravel Real Estate & Personal Property Auction - 54 Acres offered in 3 Tracts
Kimmell, IN - Noble County.
Owner: Hixson Sand & Gravel Real Estate Thu, Jul 26, 2012 EASTERNEquipment & Personal Property at 5:30 PM EASTERN
AUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Thursday, July 12, 4pm
Tuesday, July 26, 3pm
PROPERTY LOCATION
3258 North Clark St., Kimmell, IN
25 +/- miles from Kendallville
26 +/- miles from Goshen
30 +/- miles from Ft. Wayne
AUCTION LOCATION
Auction Held on Site.
PROPERTY DESCRIPTION
Great Opportunity to Invest in a Flourishing Business, Beautiful Building Site or Commercial Property!
TRACT DESCRIPTIONS
Tract 1: 44± ac and gravel pit with approximately 10 acres of water and 34 acres of working gravel pit.
Tract 2: 8± ac total. 4 Acres Wooded.
Tract 3: 1.5± ac commercial lot with great road frontage.
EQUIPMENT & PERSONAL PROPERTY
AREA MAP
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 3 individual tracts, any combination of tracts and as a total 54+/- 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 cashiers check, personal check, or corporate check.
APPROVAL OF BID PRICES: The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. All final bid price is 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: Pro-rate to day of closing.
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: There will be no new survey as there is an existing legal description. If the property is sold in tracts, cost of survey will be shared 50:50 between Buyer and Seller.
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. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company 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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