20+/- Acres Offered in 2 Tracts Real Estate Auction and Personal Property Auction
Real Estate Mon, Jul 9, 2:00 PM
Equipment & Personal Property at 6:00 PM
Avilla, IN
Owner: Martin Griffiths
? REAL ESTATE ? 3 Pole Buildings ? Tillable & Wooded Land ? Excellent Building Sites
? PERSONAL PROPERTY ? Tractors ? Impletments ? Pickups ? Golf Carts ? Ship Tools ? Farm Related Items & Collectibles ? Fur Handling Equipment ? Butchering Equipment ? Aluminum Dog Box ? Guns ? Saddles & Tack
OPEN HOUSE/INSPECTION DATES
Wednesday, June 20, 4-6pm
PROPERTY LOCATION
2161 N 700 E, Avilla, IN 46710 2-1/2 miles west of the intersection of SR 3 & SR 8 (south of Kendallville) on SR 8 or 7 miles east of Albion on SR 8 to CR 700 E then 3/4 mile south to the property.
AUCTION LOCATION
Held on site.
TRACT DESCRIPTIONS
Tract 1: 16.5? ac with tillable productive land, wooded land and a beautiful building site. A good set of buildings are also on this tract. 96 ft.x50 ft. pole barn, 30 ft.x50 ft. shop building, 22 ft.x 45 ft. loafing barn and another 20 ft.x60 ft. building. Existing well and septic. Investigate the potential for horses, cattle or hobbies of any kind.
Tract 2: 3.7? ac with over 600 ft. of frontage on CR 700 E and a creek for the west boundary. Excellent building or combine with Tract 1 for more tillable ground.
SOIL INFORMATION
EQUIPMENT & PERSONAL PROPERTY
TRACTORS - IMPLEMENTS - PICKUPS - GOLF CARTS - SHOP TOOLS - FARM RELATED ITEMS
FUR HANDLING EQUIPMENT - BUTCHERING EQUIPMENT - FARM RELATED COLLECTIBLES - ALUM. DOG BOX - GUNS - SADDLES & TACK
INTERACTIVE MAP
REAL ESTATE AUCTION TERMS & CONDITIONS:
PROCEDURE: The property will be offered in 2 individual tracts, any combination of tracts and as a total 20+/- 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: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of 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. All final bid prices are subject to the Sellers acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide Warranty Deed(s).
CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession is at closing. *Hayfield possession September 15.
REAL ESTATE TAXES: Real estate taxes will be prorated to the date of closing.
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 Bidders 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.
ACREAGE: All tract acreages, 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 there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. 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 purchases will receive a perimeter survey only.
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 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 or check with proper I.D. Not responsible for accidents.
Lunch by Blessed Sacrament Church of Albion.
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