• 2 Auctions • Personal Property Auction @ 3PM • Simplicity Mower • Furniture • Tools & Equipment • Antiques & Collectibles • Real Estate Auction @ 6:30PM • 45+/- Acre Farm located on CR S 800 W, Hudson IN • 7+/- Acre Farm & Home located on the north edge of Hudson, IN with frontage on Shumaker St. & North Main St. • 53+/- Acres offered in 4 Tracts • 3 Bedroom Home on Full Basment
PERSONAL PROPERTY & REAL ESTATE AUCTION - 2 Auctions in Steuben County
Hudson, Indiana, Steuben County
Owner: Harold and Janet Luttman Estate, John Luttman personal representative, Kurt R. Bachman attorney for the estate Equipment & Personal Property at 3:00 PM EASTERNReal Estate Tue, Jun 30, 2015 EASTERN
AUCTION IS OVER
TOTAL SOLD: $381,000
| Tract(s): 1+2 | @ $240,000 | ($5,333/acre) |
| Tract(s): 3+4 | @ $141,000 | ($20,735/acre) |
OPEN HOUSE/INSPECTION DATES
Real Estate Inspection: Sunday, June 14 from 2-4PM
AUCTION LOCATION
PERSONAL PROPERTY AUCTION LOCATION: 222 W. Schumaker St., Hudson, IN
REAL ESTATE AUCTION LOCATION: United Brethren Church Hall, 516 N. Main Street, Hudson, IN 46747
TRACT DESCRIPTIONS
Tract 1:
25± ac
45+/- Acre Farm - Located on CR S 800 W, Hudson IN
1.5 miles north of St. Rd. 4, and 2 miles south of Salem Center. This farm is made up of Boyer-Ormas loamy sands and Rensselaer loam.
Section 28, Salem Township, Steuben County
TRACT 1: 25 mostly tillable acres with frontage on CR S 800 W. This tract rolls from front to back with over 800 ft. frontage and 1350 ft. depth.
Tract 2:
20± ac
mostly tillable acres with frontage on CR S 800 W. This tract rolls from front to back with 220 ft. road frontage and 1350 ft. depth. This tract is L shaped around existing home and barns.
Tract 3:
5.7± ac
7+/- Acre Farm & Home located on the north edge of Hudson, IN with frontage on Shumaker St. and North Main St.
This farm is entirely Kosciusko sandy loam with 2 to 6 percent slopes.
Section 36, Salem Township, Steuben County
TRACT 3: 1600 sq. ft. ranch home on 5.7+/- acres. 3 bedrooms, 2 full baths, full finished basement, 2 car attached garage. Built in 1976. Home features an asphalt driveway, concrete patio and a three year old roof. The home has city water service and has access to public sewer system located in front yard. Frontage on Shumaker Street and access off North Main Street. One of the newest and best homes in Hudson!
Tract 4: 1.1± ac with historical wood framed barn. Barn is 30 x 30 with open lean two and corn crib. Has frontage on Shumaker Street. Great opportunity for storage or that hobby farm.
EQUIPMENT & PERSONAL PROPERTY
MOWER, TOOLS, EQUIPMENT:
ANTIQUES & COLLECTIBLES:
DISHES & CHINA:
FURNITURE:
HOUSEHOLD:
AREA MAP
TRACT MAP(S)
Tracts 3 & 4
Tracts 1 & 2
SOIL INFORMATION
PLAT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 4 tracts, any combination of tracts, and as a total 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: TRACT 3 House - $2,500. down payment on the day of auction with the balance in cash at closing. OTHER TRACTS and Combination with Tract 1: 10% down payment on the day of 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: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. Seller reserves the right to reject any and all bids.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide a Warranty Deed(s).
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession of Tract 3 on day of closing, immediately following the closing, Possession of Tracts 1,2,4,5,and 6 subject to tenant farmers 2015 crop. Buyer to receive the sellers share of cash rent fall payment.
REAL ESTATE TAXES: The Real Estate Taxes shall be pro-rated to the day of closing.
ACREAGE: All tract acreage, 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 the tract divisions in this auction create new boundaries. 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 purchase will receive a perimeter survey only.
AGENCY: Schrader Real Estate & Auction Company 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 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. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verifications by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. Conduct of the auction and increments of bidding are at the 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: CASH, CHECK, MASTERCARD & VISA - 4% Convenience fee on credit cards.
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