• 63 Total Cropland Acres & Recreation Heaven • Centerville Schools • Excellent Location 55 Minutes to Indianapolis • East Central Indiana Between Cambridge City & Centerville • Easy Access to I-70
79+/- Acres Offered in 4 Tracts
Wayne County, Indiana - Between Centerville & Cambridge City
Owner: Kuster Farm Corporation, John Kuster, President Wed, Dec 14, 2011 EASTERNAUCTION IS OVER
PROPERTY LOCATION
2 1/2 miles west of Centerville, IN on Washington Rd. From Centerville west on Hwy. 40 to Washington Rd. then south 1/2 mi. From Cambridge City east on Hwy. 40 to Washington Rd. then south 1/2 mi.
AUCTION LOCATION
Golay Community Center, Cambridge City, IN. On northwest corner of US Hwy. 40 & Hwy.1. Four miles south of I-70 & Hwy. 1 intersection.
TRACT DESCRIPTIONS
Tract 1: 22± ac with 12 acres cropland and 6 acres woods. Pond and old farmstead has not been lived in for many years. Great place to build your place in the country or recreation. Nice view.
Tract 2: 10± ac with about 8 acres cropland and 2 acres wooded stream area.
Tract 3: 27± ac with about 25 acres cropland. 60 ft. of frontage on Colvin Rd. Buy with Tracts 1, 2 or 4. Crosby soils and new waterways. Nice investment here.
Tract 4: 20± ac with about 14 acres cropland and 6 acres of nice woodland. About 500 ft. of frontage on Colvin Rd. Great place in the country.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
PLAT MAP(S)
PROCEDURES: The property will be offered in 4 individual tracts, any combination of tracts, or as a total 79 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.
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 Seller’s acceptance or rejection.
EVIDENCE OF TITLE: Sellers shall provide an owner’s title insurance policy in the amount of the purchase price.
DEED: Sellers shall provide Corporate 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 January 30, 2012.
POSSESSION: At closing. Buyer(s) to receive 2012 crop rights and assume CRP contract of 1.2 acres with payment of $198/yr.
REAL ESTATE TAXES: Buyer to pay installment due and payable May 2013. Taxes estimated at $2,582/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 acreage’s.
FSA INFORMATION: Farm #338, Tract #803. Total 63 acres cropland. Corn base of 24 acres with yield of 85 Bu., and Soybean base of 11.3 acres with yield of 28 Bu. Wheat base of 10.3 acres with yield of 41 Bu.
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 â€
None at this time
