land auction - Schrader Auction
PROCEDURE: The property will be offered in 2 individual tracts, combination of tracts and as a total 84± acre unit. There will be open bidding on both tracts and combination during the auction as determinded by the Auctioneer. Bids on tracts, tract combinations and the total property may compete. DOWN PAYMENT: 10% down payment on the day of auction. The down payment may be made in the form of cashier’s 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 PRICE: The successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The final bid price is subject to the Seller’s acceptance or rejection. EVIDENCE OF TITLE: The Seller agrees to furnish Buyer an updated commitment for an Owner’s Policy of Title Insurance prior to closing. DEED: Seller shall provide a Trustee Deed sufficient to convey insurable title to the real estate. Real estate is sold subject to all rights of way, legal highways, leases, easements of public record, and all other matters of public record. CLOSING: The balance of the purchase price is due at closing,
which will take place 30 days after auction day, or as soon thereafter as applicable closing documents are complete by the Seller. Costs for adminstered closing shall be shared 50:50 between Buyer(s) and Seller. All lender costs shall be paid by the Buyer(s).POSSESSION: Possession is at closing. REAL ESTATE TAXES: Seller shall pay all 2014 taxes due 2015. Buyer will pay 2015 ditch tax 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 has been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder’s 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. PLANNING APPROVAL: The sale of all tracts is subject to any necessary county planning approval or other necessary county approval. The real estate is being offernt for agricultural purposes, and any construction on the property may require county approval. PROPERY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspection, investigations, inquiries and due diligence concering the
950 N. Liberty Dr., Columbia City, IN 46725 260-244-7606 • 800-451-2709 scraderauction.com FEBRUARY 2015
23
22
16
15
9
8
2
1
Mon
Sun
Tue
3 10 17 24
Wed
4 11
Thu
5 12
26
25
19
18
Fri
6 13 20 27
Sat
property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder’s safety during and physical inspection of the property. No pary shall be deemed an invitee of the property by virtue of the offereing of the property for sale. ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos. SURVEY: A new survey has been ordered and will be available for inspection the day of the auction. Seller and successful bidder shall each pay half (50:50) of the cost survey. The type of survey preformed shall be at te Seller’s option and sufficient for providing title insurance. If Seller determines a survey is needed, combination purchases will receive a perimeter survey only. Final sales price shall be adjusted to reflect any difference between advertised and surveyed acres. EASEMENTS: Subject to any and all existing easement. 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 person’s credentials, fitness, etc. All decisions of the Auctioneer are final. STOCK PHOTOGRAPHY: Background imagery of corn is for illustrative purposes only. ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
LAND AUCTION 84±acres in 2 tracts
White County • 11 miles northwest of Monticello
Online Bidding Available
7 14 21 28
Follow Us:
Auction Managers: Jim and JImmy Hayworth (888) 808-8680 • (765) 427-1913
Tract 1
Tract 2
ty
r pe
o
Pr
84
±
White County
Auction
11 miles northwest of Monticello
acres in 2 tracts
LAND AUCTION
Thursday, February 19 • 6 PM Eastern Auction Location: Best Western Bradywine Inn & Suites - Meeting Center, 304 South 6th Street, Monticello, IN. At the intersection of US 24 and South 6th Street (Hubbard GM on southwest corner), take South 6th Street approximately 1/4 mile south to auction site.
Property Location: From the intersection of SR 39 and US 24 (East side of Monticello), follow US 24, 6 miles east, to CR 1300 E, then take CR 1300 E 4.5 miles North to property is on the East side of 1300 E and South side of 500 N. Tract Information:
Tract #1: 67± Acre parcel of land with 64.83 acres tillable. This
tract has quality soils, an open ditch for drainage. Also, this tract has frontage on CR 1300 E.
Tract #2: 16± Acre tract of wooded land with a possible building
site. This tract has frontage on CR 1300 E and CR 500 N.
Real Estate Taxes 2013 - payable 2014 Real Estate $526.34/6 mo. Ditch $44.75/6 mo.
Owners:
Amy L. Shepherd & Mark G. Anderson,
Inspection Date:
Tuesday, Janurary 27 3:00pm-5:00pm Eastern
ONLINE BIDDING AVAILABLE
FSA DATA
Farm No. 3199
83.51 acres 64.83 acres 31.8 acres 31.7 acres
Farmland Cropland Corn Base Soybeans Base
signing as Co-Trustees of the Dudley G. Anderson and Beverly A. Anderson Revocable Living trust and also as atty-in-fact on behalf of Beverly A. Anderson.
Tract 2 800-451-2709 260-244-7606 SchraderAution.com
CODE
SOIL DESCRIPTION
ACRES
% OF FIELD
NON-IRR CLASS
WINTER WHEAT
SOY BEANS
Mb
Maumee loamy fine sand
46.83
56.6%
IIIw
54
28
Mr Gf ChC
Morocco fine sand Gilford fine sandy loam Chelsea fine sand
19.92 10.25 2.35
24.1%
IVs
45
28
7
100
12.4% 2.8%
IIw VIs
59 36
33 28
10 5
148 80
BmA
Brems loamy fine sand
1.01
1.2%
NON-IRR CLASS LEGEND
IVs
41
32
PASTURE
9
6
CORN
CORN IRRIGATED
133
GRASS LEGUMES
5 6
90
EFFOG CORN
133
3
100
5 3
148 80
3
90
Se
Seafield fine sandy loam
0.87
1.1%
IIw
59
37
9
130
4
130
Mw
Muskego muck
0.78
0.9%
IVw
55
36
9
137
5
138
ChB
Chelsea fine sand
0.76
0.9%
IVs
41
32
6
90
Weighted Average
51.7
28.9
8.5
124.5
0.7
3
90
4.4
124.5
Auction Mangers: Jim and JImmy Hayworth (888) 808-8680 • (765) 427-1913
which will take place 30 days after auction day, or as soon thereafter as applicable closing documents are complete by the Seller. Costs for adminstered closing shall be shared 50:50 between Buyer(s) and Seller. All lender costs shall be paid by the Buyer(s).POSSESSION: Possession is at closing. REAL ESTATE TAXES: Seller shall pay all 2014 taxes due 2015. Buyer will pay 2015 ditch tax 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 has been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder’s 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. PLANNING APPROVAL: The sale of all tracts is subject to any necessary county planning approval or other necessary county approval. The real estate is being offernt for agricultural purposes, and any construction on the property may require county approval. PROPERY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspection, investigations, inquiries and due diligence concering the
950 N. Liberty Dr., Columbia City, IN 46725 260-244-7606 • 800-451-2709 scraderauction.com FEBRUARY 2015
23
22
16
15
9
8
2
1
Mon
Sun
Tue
3 10 17 24
Wed
4 11
Thu
5 12
26
25
19
18
Fri
6 13 20 27
Sat
property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder’s safety during and physical inspection of the property. No pary shall be deemed an invitee of the property by virtue of the offereing of the property for sale. ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos. SURVEY: A new survey has been ordered and will be available for inspection the day of the auction. Seller and successful bidder shall each pay half (50:50) of the cost survey. The type of survey preformed shall be at te Seller’s option and sufficient for providing title insurance. If Seller determines a survey is needed, combination purchases will receive a perimeter survey only. Final sales price shall be adjusted to reflect any difference between advertised and surveyed acres. EASEMENTS: Subject to any and all existing easement. 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 person’s credentials, fitness, etc. All decisions of the Auctioneer are final. STOCK PHOTOGRAPHY: Background imagery of corn is for illustrative purposes only. ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
LAND AUCTION 84±acres in 2 tracts
White County • 11 miles northwest of Monticello
Online Bidding Available
7 14 21 28
Follow Us:
Auction Managers: Jim and JImmy Hayworth (888) 808-8680 • (765) 427-1913
Tract 1
Tract 2
ty
r pe
o
Pr
84
±
White County
Auction
11 miles northwest of Monticello
acres in 2 tracts
LAND AUCTION
Thursday, February 19 • 6 PM Eastern Auction Location: Best Western Bradywine Inn & Suites - Meeting Center, 304 South 6th Street, Monticello, IN. At the intersection of US 24 and South 6th Street (Hubbard GM on southwest corner), take South 6th Street approximately 1/4 mile south to auction site.
Property Location: From the intersection of SR 39 and US 24 (East side of Monticello), follow US 24, 6 miles east, to CR 1300 E, then take CR 1300 E 4.5 miles North to property is on the East side of 1300 E and South side of 500 N. Tract Information:
Tract #1: 67± Acre parcel of land with 64.83 acres tillable. This
tract has quality soils, an open ditch for drainage. Also, this tract has frontage on CR 1300 E.
Tract #2: 16± Acre tract of wooded land with a possible building
site. This tract has frontage on CR 1300 E and CR 500 N.
Real Estate Taxes 2013 - payable 2014 Real Estate $526.34/6 mo. Ditch $44.75/6 mo.
Owners:
Amy L. Shepherd & Mark G. Anderson,
Inspection Date:
Tuesday, Janurary 27 3:00pm-5:00pm Eastern
ONLINE BIDDING AVAILABLE
FSA DATA
Farm No. 3199
83.51 acres 64.83 acres 31.8 acres 31.7 acres
Farmland Cropland Corn Base Soybeans Base
signing as Co-Trustees of the Dudley G. Anderson and Beverly A. Anderson Revocable Living trust and also as atty-in-fact on behalf of Beverly A. Anderson.
Tract 2 800-451-2709 260-244-7606 SchraderAution.com
CODE
SOIL DESCRIPTION
ACRES
% OF FIELD
NON-IRR CLASS
WINTER WHEAT
SOY BEANS
Mb
Maumee loamy fine sand
46.83
56.6%
IIIw
54
28
Mr Gf ChC
Morocco fine sand Gilford fine sandy loam Chelsea fine sand
19.92 10.25 2.35
24.1%
IVs
45
28
7
100
12.4% 2.8%
IIw VIs
59 36
33 28
10 5
148 80
BmA
Brems loamy fine sand
1.01
1.2%
NON-IRR CLASS LEGEND
IVs
41
32
PASTURE
9
6
CORN
CORN IRRIGATED
133
GRASS LEGUMES
5 6
90
EFFOG CORN
133
3
100
5 3
148 80
3
90
Se
Seafield fine sandy loam
0.87
1.1%
IIw
59
37
9
130
4
130
Mw
Muskego muck
0.78
0.9%
IVw
55
36
9
137
5
138
ChB
Chelsea fine sand
0.76
0.9%
IVs
41
32
6
90
Weighted Average
51.7
28.9
8.5
124.5
0.7
3
90
4.4
124.5
Auction Mangers: Jim and JImmy Hayworth (888) 808-8680 • (765) 427-1913
