Auction is over
160+/- Acres Offered in 2 Tracts
Between Kentland & Goodland - Newton County, Indiana · Owner: The Betty Cassidy Estate, John Cassidy & Tom Cassidy, Executors
- Auction dateWed, Aug 24, 2011 ET
- Acres160±
- Tracts2
- Auction held atKentland Town Hall. Across the corner from the Newton County Court House. Across the street from Murphy’s Food King at 300 N 3rd Street.
- Productive Tillable Land
Property location
From Kentland: Take US 24 four Miles East to CR 150 E, then go 2 miles south on CR 150 E to the property. Or from Goodland take US 24 three miles West to CR 150 E, then go 2 miles south on CR 150 E to the property.
Auction location
Kentland Town Hall. Across the corner from the Newton County Court House. Across the street from Murphy’s Food King at 300 N 3rd Street.
Tract descriptions
| Tract | Acres | Description |
|---|---|---|
| 1 | 64± | This 64+/- Acre tract of land is all tillable except for an open ditch and county roads. This tract has quality soils and frontage on CR 150 E & 1800 S. |
| 2 | 96± | This 96+/- Acre tract of land is all tillable except for an open ditch and county road. This tract has quality soils and frontage on CR 1800 S. |
Area map
Tract map
Soil information
Plat map
Area map
Terms
PROCEDURE: The property will be offered in 2 tracts or as a total unit. DOWN PAYMENT: 10% down payment on the day of auction. 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 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 Seller’s acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owner’s title insurance policy in the amount of the purchase price.
DEED: Sellers shall provide Personal Representative Deeds.
CLOSING: The balance of the purchase price is due at closing, which will take place around December 1, 2011. Costs for an insured closing shall be shared 50:50 between Buyer and Seller.
POSSESSION: Possession is at closing, subject to tenants rights. REAL ESTATE TAXES: 2010 Payable 2011 Real estate taxes are $1,831.33 per six months. Ditch taxes are $651.90 per six months. Buyer will pay the 2012 taxes payable 2013 and the 2012 ditch tax. ACREAGE: All acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos.
SURVEY: A new survey will be ordered only if needed for good title insurance policy and the cost of the new survey will be split 50:50 between buyer and 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€
Documents & downloads
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