AUCTION IS OVER

TOTAL SOLD: $230,000

Tract(s): 1+2

@ $230,000

($12,105/acre)

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

Ask about my property or call 800-451-2709

• 19+/- Acres offered in 2 tracts • Pretty Country Farmstead with Mineral Water Springs

OPEN HOUSE/INSPECTION DATES

Mon., July 20 from 3-5 PM
Tues., July 28 from 3-5 PM
Mon., Aug. 3 from 3-5 PM

PROPERTY LOCATION

1420 Mineral Springs Rd., Greens Fork, IN. 2-1/2 mi. south of Greens Fork. From Hwy. 38 and Main St. at Greens Fork then south becoming Mineral Springs Rd., then 2 mi. on the right. From Centerville west on Hwy. 40 about 2 mi. to Mineral Springs Rd. then north 2 mi. to the farm on the left. Former Mineral Springs Health Food Store Property.

AUCTION LOCATION

Held Onsite

PROPERTY DESCRIPTION

Beautiful Country Style 2 Story Farmhouse and Great Old Bank Barn with New Stalls

Immaculate Yard and Landscaping

Great Produce and/or Greenhouse Opportunity

Good Access to Hwy. 40, Hwy. 38 and I-70

Nice Rural Area

Centerville Schools

Extra Wooded 14 Acres for You to Buy for Your Country Place or With Tract 1

Natural Mineral Spring Water known in Area

TRACT DESCRIPTIONS

Tract 1: 5± ac with great two story farmhouse including an apartment with 4,287 sq. ft. total living area. Large portion has been remodeled. Good bank barn 34 ft. x 44 ft. with 16 ft. x 34 ft. attachment. Six new stalls with water in barn. Immaculate grounds, new fence and nice stream. Property is known for own natural spring water. Beautiful grounds, some fence and good country location. Centerville schools. About 985 ft. of frontage on Mineral Springs Road.

Tract 2: 14± ac woodland and pasture. Great place to have your place in the country. Nice rolling land, driveway entrance approval and septic test will be available. Nice stream crosses. Buy separately or with Tract 1. About 280 ft. of frontage on Mineral Springs Road.
*Offered separately, air system with (2) 500 gal. tank and 1,000 LP tank at Tract 1.

AREA MAP

TRACT MAP(S)

Tract map - Real Estate Auction, 19+/- Acres offered in 2 Tracts

SOIL INFORMATION

Soil map - Real Estate Auction, 19+/- Acres offered in 2 Tracts

AREA MAP(S)

Area map - Real Estate Auction, 19+/- Acres offered in 2 Tracts

PROCEDURES: The property will be offered in 2 individual tracts, any combination of tracts, or as a total 19 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: 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 Warranty 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 est. on or before October 1, 2015.

POSSESSION: On November 14, 2015, flexible for Apartment.

REAL ESTATE TAXES: Taxes prorated to closing.

ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.

SURVEY: Property to be conveyed with existing surveys.

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.