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REAL ESTATE AUCTION - 55.67+/- ACRES IN 3 TRACTS IN KOSCIUSKO COUNTY, INDIANA
Wed, Nov 9, 6:30 PM
Kosciusko County, Indiana - Tippecanoe Township

Owner: Jerry & Connie Craig

SOLD FOR $290,000

• 55.67+/- Acres in 3 Tracts • Approx. 40 Tillable Acres • 15 Wooded • Productive Tillable Land • Woods • ATVs • Hunting & Recreation • Potential Building Sites • North of Pierceton • South of North Webster • East of Warsaw • West of Columbia City • Online Bidding Available

OPEN HOUSE/INSPECTION DATES
Walk over inspections welcome. Call for private inspections

PROPERTY LOCATION
North of Pierceton, or South of North Webster; 4 miles on SR 13 to CR 200 N, turn east 1 mile to CR 850 E (at Yogi Bear Campground), then turn north 1/2 mile to CR 250 N. Turn east to Kyle Rd. For Tract #1, turn south on Kyle Rd. For Tracts 2 & 3, continue 1/4 mile east of Kyle Rd. on CR 250 N.

AUCTION LOCATION
At the Meeting Place, 475 Anchorage Rd., Warsaw, IN. South of US 30 on SR 15, 1/4 mile to Anchorage Rd., turn east to second drive before RR Crossing. Located across the street from Horizon Bank.

TRACT DESCRIPTIONS
Tract 1: 26.5± ac Nearly all tillable; an excellent location for a secluded, gently rolling building site. Approximately 1020 ft. of road frontage on Kyle Road.

Tract 2: 7.6± ac Mostly tillable land; a great location for a potential building site. Approximately 200 ft. of road frontage on CR 250 N.

Tract 3: 21.6± ac 5.5+/- Tillable acres, great food plot area, approximately 15 wooded acres, cross over Elder Ditch to enter this nature lover or hunters secluded retreat. 50 ft. of road frontage on CR 250 N.
Bid your price on your choice of tracts or the entire property!


SOIL INFORMATION

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PROCEDURE: Tracts 1-3 will be offered in individual tracts, or as a total unit. There will be open bidding on all tracts. The property will be sold in the manner resulting in the highest total sale price.

DOWN PAYMENT: 10% of the accepted bid as down payment on the day the auction with balance in cash at closing. The down payment may be 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.

APPROVAL 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.

DEED: Seller shall provide a Warranty deed.

EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place 15 days after proof of merchantable title.

POSSESSION: at closing.

REAL ESTATE TAXES: Pro-rate to day of closing.

DITCH ASSESSMENTS: Buyer shall pay all ditch assessments due after closing.

ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.

SURVEY: The 50 entrance to Tract 3 shall be surveyed if Tract 3 is purchased by itself otherwise there shall be no new surveys as each Tract has an existing legal description. Buyer and Seller shall the cost of any survey 50/50.

EASEMENTS: The sale of the property is subject to any and all easements of record.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. Tract acreage has been estimated based on aerial photographs. 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 Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company 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.