• 104 +/- Acres Offered in 4 Tracts • INDIANA LAND AUCTION • Great Farmstead • Cropland • Fenced Pasture • Pretty Woodland • Features: • Centerville Schools - Perfect family farm or Investment Tracts (1 & 2) • Good Buildings, Fence, Water for Livestock Operation • Nice Woodland to be enjoyed by whole family for recreation • Just 2 miles south of Centerville, 1-70 Centerville Exit (5 Miles to Farm) • Note: Friday, November 1st @ 10:00AM Personal Property Sale • Farm will be available for inspection also
104 +/- Acres Offered in 4 Tracts
INDIANA LAND AUCTION
East Central, Indiana, Wayne, County
Owner: Norma J. McGrew Estate; Paul Widau & Judith Cole, Personal Representative Mon, Nov 18, 2013 EASTERNAUCTION IS OVER
TOTAL SOLD: $850,000
| Tract(s): 1-4 | @ $850,000 | ($8,173/acre) |
OPEN HOUSE/INSPECTION DATES
Saturday, November 2nd @ 9:00 to 11:00AM
Saturday, November 9th @ 9:00 to 11:00 AM
Meet agent on Tract 3
PROPERTY LOCATION
2963 Stevens Rd.
Between Stevens Rd. and Centerville Rd. directly south of Centerville. From Centerville stoplight 1-1/2 mi. south on Centerville Rd. (South Morton St.) to Ruby Rd. then west 1-1/4 mi. to Stevens Rd. then south 1/4 mi. to farm on the east side.
AUCTION LOCATION
Golay Community Center located at 1007 E. Main St. (US 40) , Cambridge City, IN. Located at the corner of SR 1 and US 40.
TRACT DESCRIPTIONS
Tract 1:
40± ac
all cropland. In two fields. Has been used for hay/pasture for several years. About 500 ft. of frontage and 1/2 mile long for ease of operation. Good soil types and drainage. Good tract for farmer or investment. Fenced.
Tract 2:
30± ac
all cropland used for pasture for several years. Fenced and cross fenced. Must be purchased in combination with other tracts to make a larger farm. Perfect expansion of Tracts 1, 3 or 4.
Tract 3:
5± ac
Great old two story farmhouse with new siding, furnace, windows and roof. Nice setting. Good 2 car garage, 4 sided barns. This is a super family part time farm tract with ground for family livestock. About 535 ft. of frontage.
Tract 4: 29± ac with 17 acres pretty woodland, 2 ponds and 6 acres cropland. 270+/- ft. of frontage on Stevens Rd. that would be good building site too. Nice stream and good stand of Ash, Walnut, Poplar and Hickory. Great for recreational use.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
AREA MAP(S)
PROCEDURES: The property will be offered in 4 individual tracts, any combination of tracts, or as a total 104 acre unit. Exception: Tract 2 will be offered only in combination of other tracts or adjoining owner(s). 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.
DOWNPAYMENT: Real Estate 10% down payment on the day of the 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: Successful bidder(s) will be required to enter into a purchase agreement 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: Sellers shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Sellers shall provide Representatives Deed.
CLOSING: The balance of the real estate purchase price is due at closing, which will take place within 15 days of presentation of title policy. Estimated on or before December 27th.
POSSESSION: At closing.
REAL ESTATE TAXES: Seller to pay 2013 assessed taxes payable 2014 to be credited to Buyer(s) at closing. Seller to pay November 2013 installation. Taxes estimated at $4,267.12/yr.
ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.
SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Buyer(s) and Seller will share survey expense 50:50. Combination purchases will receive a perimeter survey only. Closing prices will be adjusted to reflect any differences between advertised and surveyed acreages.
FSA INFORMATION: See Agent
EASEMENTS: Sale of the property is subject to any and all easements of record.
MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the Seller.
AGENCY: Schrader Real Estate and 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 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, 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 Sellers or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers and Selling Agents reserve the right to preclude any person from bidding if there is any question as the persons credentials, fitness, etc. All decision of the Auctioneer is final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AUCTION COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.
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