REAL ESTATE & PERSONAL PROPERTY AUCTION-129 ACRES OFFERED IN 6 TRACT IN NOBLE COUNTY

Ligonier, Indiana - Noble County

Owner: Mark & Laura Hursey, Linda Wolf and Lue Ann Edwards Real Estate Sat, Oct 3, 2015 EASTERN
Equipment & Personal Property at 10:30 AM EASTERN

AUCTION IS OVER

TOTAL SOLD: $890,000

Tract(s): 1+4-6	@ $700,000	($6,098/acre)
Tract(s): 2	@ $45,000	($4,500/acre)
Tract(s): 3	@ $145,000	($33,721/acre)

Own property nearby? These are real results from this sale, not estimates. Ask us what your property would bring in today's market. There is no obligation.

Ask about my property or call 800-451-2709

• Real Estate to be sold @ 9AM • 129 Acres offered in 6 Tracts • Tillable Acres • Home, Barn & Buildings on 4.3 Acres • Personal Property to be sold at 10:30AM • Farm Equipment, Mowers, Tiller, Planter, Hit/Miss Engines • Vintage Childrens Items • Antique/Vintage Household/Collectibles • Primitive Farm & Hand Tools • Household, Furniture & Misc. • Guns, Violin Bows • We will be selling in 2 Rings

OPEN HOUSE/INSPECTION DATES

Tract 3 - Wednesday, September 16 from 3:30 - 5:00 PM
Saturday, September 19 from 10:00 - 11:30 AM

PROPERTY LOCATION

2 miles west of SR 5, at Ligonier, on US 6 to CR 1050W (Cottonwood Campground), then south 1/4 mile to Blue Road, then west 1/4 mile.

AUCTION LOCATION

Held Onsite

TRACT DESCRIPTIONS

Tract 1: 22.5± ac with 19.8 acres tillable and frontage on US 6, Blue Road.

Tract 2: 10± ac with frontage on US 6, Blue Road, and 2 acre meadow just off of Blue Road.

Tract 3: 4.3± ac with 1-1/2 story 3 bedroom home, 32 ft. x 48 ft. garage/shop built in 1994, flat barn, and 3 other small buildings.

Tract 4: 12± ac all tillable. Frontage on Blue Road and CR 1050W.

Tract 5: 24± ac mostly all tillable. Frontage on CR 1050W.

Tract 6: 56.3± ac with about 48 acres tillable and frontage on CR 1050W. PLEASE NOTE this tract CANNOT be combined with any other tract in the auction, it must be purchased alone.

EQUIPMENT & PERSONAL PROPERTY

FARM EQUIPMENT, MOWERS, TILLER, PLANER & HIT/MISS ENGINES

Oliver Super 77 nf tractor w/ 13-38 tires, PTO, single remote

NH 355 portable grinder mixer

4 btm White 508 semi mtd plow

9 shank Brillion 3pt spring loaded chisel plow

15 ft. White 252 manual fold disk

3 Section JD spring tooth drag

2 Section spike tooth drag

15 ft. Melroe Lilliston 244 double disc grain drill

NI/Kinze 4 row wide no-till planter w/dry fertilizer

Burch 4 row wide 3pt cultivator

NI 2 row wide picker w/ 8 roll husking bed

NI 2 row wide picker w/ sheller

200 bu. Parker gravity wagon w/ JD gear

Small gravity wagon w/ AC gear

Parker gravity bed

Flat rack wagon w/ 2 ft. Osage wooden wagon box, false endgate, & JD gear

Flat rack wagon w/ wooden bolster gear & original wagon box

40 ft. NI double chain elevator w/ PTO drive

Bale-O-Vator

King-Wyse elevator drag w/ elec. motor

12 ft. aluminum single chain elevator

56 ft.x8 in. Koyker PTO grain auger

51 ft.x6 in. Hutchinson PTO grain auger

8 ft.x3 in. unloading auger

NH 268 PTO baler w/ bale thrower

JD 60H 540 PTO forage blower

15 ft. Woods bat wing rotary mower

(2) 300 gal. fuel tanks

Set Snyder poly saddle tanks, mnt bracket, & pump

50 gal. 3pt aluminum sprayer w/ 16 ft. boom & pump

12 ft. aluminum row boat

Huskee portable air compressor

Exmark Lazer Z 60 in. UltraCut mower w/ Kohler SP27 engine

Bachtold high wheel weed mower

DR string trimmer/mower w/ 6.5 HP B/S engine

Ranch King push mower

Troy Bilt Junior rear tine tiller

12 in. Sears 5 HP power feed planer-molder

1915 Economy 2-1/2 HP engine on cart

Stover CT2 engine on cart

Taylor Vacuum engine, 2 HP, on wood skid

DeLaval 1-1/2 HP engine

Maytag 1 cylinder engine

IH steel wheel engine cart

3 blade Dunlite electricity generating windmill 120 volt DC, 2000 watt

VINTAGE CHILDRENS ITEMS

Early childs belt driven scooter w/ adjustable seat

Childs wooden small slat bottom rocker

Antique painted wooden rocking horse chair

Painted childs folding metal chair

Flintstones cut-out dolls w/ stands & paper clothes

Childs Red Radio Flyer 80 wagon

(2) Toddlers tricycles

JayMar childs play piano

McDonalds toys collection

Childs painted wooden airplane swing

ANTIQUE & VINTAGE HOUSEHOLD & COLLECTIBLES

Primitive wooden kraut cutter

Vintage hand painted folding wooden sewing table

Columbus hosiery, lingerie, & handkerchief wooden framed washboard

Antique folding wooden ironing board

Collection of pig figurines & miniatures from Germany & Japan

White porcelain topped 1 drawer medical stand

Vintage Laugh-In metal waste basket

Vintage license plates

PRIMITIVE FARM & HAND TOOLS

2-Man lance tooth cross cut saw

Vintage wooden handled high wheel garden cultivator

Metal block ice tongs

Cast iron melting pot #54.82.A.L.

Hand saws

Wooden nail buckets

3 ft.wide x 2 ft.deep x 3 ft.high 2 compartment, dove tailed front feed box

Primitive wood box, pine w/green paint, square nails

Large Collection of Cloth & Burlap Feed & Seed Sacks including: 100# Wayne feed sacks, Farm Bureau Coop seed sacks, HarMar Corn Seed Service of Cromwell, Certified Ranger Alfalfa seed sacks, Wolfe Grains of Athens, MI & Wolfe Grain, WANA sacks of Shipshewana

Collection of galvanized metal chicken feeders & troughs

1 Horse open sleigh

Set work harness

Horse saddle

Spring wagon seat

(3) old walking plows, including JD single bottom walking plow

Wooden wheel

Hand corn sheller

Surge milker

Platform scale

30 in. x 5 ft. feed cart on Chev. wheels

(2) Wood spoke Whippet wheels

(2) Scythes

(2) Milk cans

Wood clothes drying rack

Evaporator/corn dryer

Small, old Champion outboard motor

Old Silver King chain saw

Various size louvered doors

Hand hewn barn beams

HOUSEHOLD, FURNITURE & MISC.

Toastmaster tabletop oven w/ Continuous Clean

Books, board games, table lamps, fall & Christmas decor

Childrens books

Lazy Boy full size upholstered couch w/ side recliners

Upholstered rocker recliner

(6) Maple dining chairs

(2) Oak high back early American bar stools

Kitchen table w/ formica top, 2 extension leaves

Futon

GUNS, VIOLIN BOWS

(17) Muzzle load rifles - E.J. Abbey, Eisaman, W.McClellan, McCkeist, Sharpe, CVA, J.Wilt, G.Kinzy, & DeLoneux

(4) Muzzle load shot guns - Ward, Belgium & William Moore

(2) Muskets

Springfield model 1898 30 cal., bolt action military rifle

(2) Foreign bolt action military rifles w/15 in. bayonets

J. Stevens Arms Favorite lever action 22 single shot rifle

Hamilton Rifle 22 cal. No 27 youth rifle

J. Stevens Arms 22 long Little Scout rifle

J. Stevens Arms 22 long Lever action rifle w/ saddle ring

Winchester model of 1917 30 cal military rifle

Manufactured Arms Deletat bolt action military rifle

Springfield Armory Model of 1922 military training rifle

Savage Sporter 25-20 bolt action rifle

Remington model 591M rifle w/ scope, for 5mm Rem only

Savage 20 gauge shot & 22 cal combo

Stevens 16 ga single shot

Rival 16 ga single shot

Winchester model 97 12 ga pump

24 in. 3 sided bayonet w/ leather sheath

12 in. bayonet w/ sheath

(2) flint lock pistols

9mm WWI Luger pistol

Starr muzzle loading revolver

Colt 45 pistol in wood display case

(14) small pistols

Powder horns & cap dispenser

(7) violin bows

FROM NEIGHBORS:

JD 12 shank chisel plow

JD 15 ft. flail mower

30 ft.-8 in. grain auger

AREA MAP

TRACT MAP(S)

Tract map - REAL ESTATE & PERSONAL PROPERTY AUCTION-129 ACRES OFFERED IN 6 TRACT IN NOBLE COUNTY

SOIL INFORMATION

Soil map - REAL ESTATE & PERSONAL PROPERTY AUCTION-129 ACRES OFFERED IN 6 TRACT IN NOBLE COUNTY

PLAT MAP(S)

Plat map - REAL ESTATE & PERSONAL PROPERTY AUCTION-129 ACRES OFFERED IN 6 TRACT IN NOBLE COUNTY

AREA MAP(S)

Area map - REAL ESTATE & PERSONAL PROPERTY AUCTION-129 ACRES OFFERED IN 6 TRACT IN NOBLE COUNTY

PROCEDURE: Tracts 1 through 5 will be offered individually and in any combination. Tract 6 CANNOT be combined with Tract 3 or any combination that includes Tract 3. Tract 6 can be combined with any of the other "bare land" tracts. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer.

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. 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: 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.

EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.

DEED: Seller shall provide Warranty Deed(s).

CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession is at closing subject to the harvest of the 2015 crop.

REAL ESTATE TAXES: Real estate taxes will be the responsibility of the Buyer(s) beginning with the 2016 taxes due in 2017 and thereafter.

PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.

SURVEY: 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 this auction. Any need for a new survey shall be determined solely by the Seller. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only.

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.

PERSONAL PROPERTY TERMS & CONDITIONS: Cash, check, Mastercard / Visa. A 4% convenience fee will be charged on all credit purchases. All items sold AS IS. Not responsible for accidents.