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SOLD

REAL ESTATE AUCTION - 77+/- ACRES OFFERED IN 1 TRACT IN KOSCIUSKO COUNTY, INDIANA
Thu, Jun 1, 6:00 PM
West of Warsaw - Warsaw, Indiana - Kosciusko County, Indiana - Prairie Township

Owner: Bouse Family Revocable Trust The Estate of Forest & Kathryn Bouse



SOLD FOR $575,000

• 77+/- Acres offered in 1 Tract • Productive, Tillable Land • Recreational & Wooded Acres • Excellent Hunting, Wildlife • Potential Pond Site • West of Warsaw - Prairie Twp. • Online Bidding Available


OPEN HOUSE/INSPECTION DATES
Call for a Private Inspection

PROPERTY LOCATION
From the intersection of US 30 & State Road 15 in Warsaw, turn west 3 miles to County Road 350 W then turn north to County Road 300 N then turn west 1 mile to the farm on the north side.

AUCTION LOCATION
At the Meeting Place, 475 Anchorage Road, Warsaw, Indiana. 1/4 mile south of US 30 on SR 15 to Anchorage Road (at Horizon Bank) turn east to the second drive then turn north.

TRACT DESCRIPTIONS
Tract 1: 77± ac 66.5+/- Productive acres of tillable land, Whitaker, Rensselaer and Martinsville loam soils. Approximately 9+/- Acres recreational and wooded, excellent hunting, wildlife and great potential pond site. The farm is rented for the 2017 crop year, a credit at closing of $150 per tillable acre will be given at closing, 66.5 tillable acres x $150 per acre = $9,975.


SOIL INFORMATION


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TRACT MAP(S)



AREA MAP(S)



PROCEDURE: There will be open bidding during the auction as determined by the auctioneer.

DOWN PAYMENT: 10% of the accepted bid as down payment on the day of 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.

DEED: Seller shall provide a Trustees deed.

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

CLOSING: Closing shall take place 30 days after proof of merchantable title.

POSSESSION: At closing.

REAL ESTATE TAXES: Seller pays the 2016 taxes due in 2017 the Buyer will pay all taxes thereafter.

SURVEY: There shall be no new survey, the property will be conveyed using the existing legal county description.

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. 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. Seller and Auction Company make no guarantees as to the fitness of the property for driveway, septic or building permits. 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 a 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 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.