Halderman Can Help

Chew

by Halderman Real Estate Services, Inc.

When

Mar 22, 2017 - 6:30 PM Eastern

Where

Clinton County 4-H Community Building
1701 S Jackson St
Frankfort, IN 46041

How

Live Auction

Notes

Tract 1 = 1400,000
Tract 2 = 150,000
Tract 3 & 4 = 90,000
Tract 5 = 270,000

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Conducted By

Halderman Real Estate Services, Inc.

PO Box 297
Wabash, IN 46992

800.424.2324

http://www.haldermanauction.com

Ending Time

Mar 22, 2017 11:00 PM

Auction Listing

General Information

-Total Acres:196.00
-Sugar Creek Township - Clinton County, IN


-Type of Sale: Auction
-Prime Farmland, Recreational, & Rural Residential Land
-Status: New
Real Estate Auction Information

Auction Date: March 22, 2017
Auction Time: 6:30 PM
Auction Location: Clinton County 4-H Community Building: 1701 S Jackson St, Frankfort, IN 46041
Contact Information

Area Manager:
Noblesville, IN
317-442-0251
Area Manager:
Frankfort, IN
765-659-4841
Open Houses

Date: February 26, 2017 Time: 1:00 PM - 2:30 PM
Date: March 09, 2017 Time: 5:00 PM - 6:00 PM
Property Information

Type Of Operation: Farm - Recreational - Residential

Current Zoning: Agricultural

School System: Clinton Central Schools

Building Description: Tract 4: 2,472 sq. ft. Home & Attached 2-Car GarageHome has 5 Bedrooms & 2 Full BathsHorse Barn 52' x 36'Barn with Lean-to 40' x 36'Detached Garage 18' x 18'5 Small Storage Buildings2 Grain BinsTract 5: Pole Barn 48' x 72' and Block Barn 24' x 40'

Annual Taxes: 7,902.32

Ditch Assessment: 543.48

Topography: ^Level^
Soil: Cyclone, Fincastle-Crosyb, Sable-Drummer

Farm Name: Clifford M. Chew Farm
Property Location

Property Address: 5587 S. CR 1200 East, Kirklin, IN 46050
Region: IN

General Location: 4 Miles East of Kirklin, IN along CR 600 South, approximately ¼ of a Mile East of the intersection of CR 600 South and CR 1200 East.



Specifics - Auction Terms
METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer this property at public auction on March 22, 2017. At 6:30 PM, 196 acres, more or less, will be sold at the Clinton County 4-H Community Building, Frankfort, IN. This property will be offered in five tracts as individual units, in combination or as a whole farm. Each bid shall constitute an offer to purchase and the final bid, if accepted by the Sellers, shall constitute a binding contract between the Buyer(s) and the Sellers. The auctioneer will settle any disputes as to bids and his decision will be final. To place a confidential phone, mail or wire bid, please contact Sam Clark at 317-442-0251 or Jim Clark at 765-659-4841 at least two days prior to the sale. ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos. SURVEY: The Sellers reserve the right to determine the need for and type of survey provided. If an existing legal description is adequate for title insurance for the tract, no new survey will be completed. If the existing legal description is not sufficient to obtain title insurance, a survey will be completed, the cost of which will be shared 50/50 by the Sellers and the Buyer(s). The Sellers will choose the type of survey to be completed and warrant that it will be sufficient to provide an owner’s title insurance policy for the tract. If a survey is completed, the purchase price for the surveyed tract will be adjusted, up or down, to the exact surveyed acres. The price per acre will be the auction price bid for the tract, divided by the tract acreage estimated in the auction brochure. DOWN PAYMENT: 10% of the accepted bid down on the day of the auction with the balance due at closing. The down payment must be in the form of personal check, cashier’s check, cash or corporate check. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. BE SURE YOU HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE OF PAYING CASH AT CLOSING. APPROVAL OF BIDS: The Sellers reserve the right to accept or reject any and all bids. All successful bidders must enter into a purchase agreement the day of the auction, immediately following the conclusion of the bidding. Successful bidders must execute purchase agreements on tracts exactly as they have been bid. DEED: The Sellers will provide a General Warranty Deed at closing. EVIDENCE OF TITLE: The Sellers will provide an Owner’s Title Insurance Policy to the Buyer(s). Each Buyer is responsible for a Lender’s Policy, if needed. If the title is not marketable, then the purchase agreement(s) are null and void prior to the closing, and the Broker will return the Buyer’s earnest money. CLOSING: The closing shall be on or about May 12 2017. The Sellers have the choice to extend this date if necessary. POSSESSION: Possession of land will be at closing. Possession of the buildings will be June 1, 2017. REAL ESTATE TAXES: Real estate taxes for 2016 were $7,902.32. The Sellers will pay real estate taxes for 2016 due 2017. Buyer will be pay 2017 real estate taxes due 2018 beginning with the spring 2018 installment and all taxes thereafter. DITCH ASSESSMENTS: Ditch assessments were $543.48. Buyer will pay all ditch assessments beginning with the spring 2017 installment and all assessments thereafter. MINERAL RIGHTS: All mineral rights owned by the Sellers will be conveyed to the Buyer(s). FALL BURNDOWN HERBICIDE was applied on October 9, 2016. The Buyer(s) will be responsible for reimbursing the previous tenant for this expense. The cost of the burndown herbicide was $15.517/tillable acre. This reimbursement will be paid by the Buyer(s) at closing. PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigation, inquiries and due diligence concerning the property. Further, Sellers disclaim any and all responsibility for bidder’s safety during any physical inspections of the property. No party shall be deemed to be invited to the property by HRES or the Sellers. AGENCY: Halderman Real Estate Services Inc., Russell D. Harmeyer, Auctioneer, and their representatives, are exclusive agents of the Sellers. DISCLAIMER: All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the purchase agreement. This information is subject to verification by all parties relying upon it. No liability for its accuracy, errors or omissions is assumed by the Sellers or HRES. All sketches and dimensions in this brochure are approximate. ANNOUNCEMENTS MADE BY HRES AND/OR THEIR AUCTIONEER AT THE AUCTION DURING THE TIME OF THE SALE TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIALS OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Sellers or HRES. Each prospective bidder is responsible for conducting his/her independent inspections, investigations, inquiries and due diligence concerning the property. Except for any express warranties set forth in the sale documents, Buyer(s) accepts the property “AS IS,” and Buyer(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Sellers and HRES make no warranty or representation, express or implied or arising by operation of law, including any warranty for merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall the Sellers or HRES be liable for any consequential damages. Conduction of the auction and increments of bidding are at the direction and discretion of HRES and/or the auctioneer. The Sellers and HRES 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 HRES and/or the auctioneer are final.
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Clinton County 4-H Community Building: 1701 S Jackson St, Frankfort, IN 46041

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