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SOLD

FARM AUCTION - 70.50+/- ACRES OFFERED IN 3 TRACTS IN WAYNE COUNTY, INDIANA
Tue, Oct 17, 6:00 PM
Greens Fork, Indiana - Wayne County - Green Township

Owner: Cory & Stacy Herr



SOLD FOR $545,000

• 70.50+/- Acres offered in 3 Tracts • Picturesque FARMSTEAD with home and buildings • 50+/- FSA Crop Rights w/improved waterways • 2018 Crop Rights to BUYER • FENCED PASTURE with flowing stream • Potential building sites • Great location with easy I-70 access • Only 40 miles to Dayton, OH 45 Miles to Indianapolis, IN • Between Richmond & Hagerstown, IN • Online Bidding Available • The HERR FARM presents a great opportunity for the farmer, rural home buyer and small livestock producer. Come examine all of the possibilities that this unique property has to offer!


OPEN HOUSE/INSPECTION DATES
Wednesday, Sept. 27 from 11 AM - 12 Noon
Wednesday, Oct. 4 from 11 AM - 12 Noon
Wednesday, Oct. 11 from 11 AM - 12 Noon



PROPERTY LOCATION
Section 13 of GREEN Twp., Wayne County. 7587 Clyde Oler Rd. Greens Fork, IN.
From I-70, take Exit 145 north 5 miles to Clyde Oler Road. Then turn west (left) 1 mile to Farm. From the intersection of US 35 and Centerville Rd. at the flasher in Williamsburg, turn south and travel 1.5 miles to Clyde Oler Rd., then west to Farm.

AUCTION LOCATION
The Meeting Place located at 11 E. Main St. (Hagerstown, IN).

TRACT DESCRIPTIONS
Tract 1: 7± ac with 2-story country home, barns, silo and fenced pasture.
Featuring:

  • 2,040 sf home with vinyl siding and windows, 4 Bedrooms and 1 Full bath
  • Home has wood burning stove, partial basement, and walk-in attic
  • 18 x 24 building attached to the house used as a garage and workshop
  • Spacious 2-story livestock barn with several lean-to(s), 12x36 concrete silo, fenced pasture
  • Nice setting with mature trees, circle driveway and flowing stream
    Tract 2: 17.5± ac with 5+/- tillable and the balance in pasture and woods. This could be a beautiful building tract. A MUST SEE! 40 of owned frontage with access via an easement across a newly installed driveway. Consider combining with Tract 1 to create an outstanding 24.5+/- acre mini-farm.
    Tract 3: 46± ac 40+/- tillable and 2.0 acres of USDA grassed waterways. Waterway contract paying annual $196.32/acre thru 9/30/2023. Good mix of Crosby and Miami soils. Located in the Northeastern School District. New field entrance near the east edge of this parcel.


    SOIL INFORMATION

    • (Click to enlarge)


    • TRACT MAP(S)



    AREA MAP(S)



    PROCEDURES: The property will be offered in 3 individual tracts, any combination of tracts, or as a total 70.50+/- acre unit. There will be open bidding on all tracts and combinations, during the auction as determined by the Auctioneer.

    DOWN PAYMENT: Real Estate 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made 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.

    ACCEPTANCE OF BID PRICES: Successful bidder(s) will be required to enter into a purchase agreement 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: The Seller will provide a Preliminary Title Opinion for the review of the prospective buyer(s). At closing, the Seller will provide a Title insurance policy in the amount of the purchase price. All tracts sold As-Is.

    DEED: Seller(s) shall provide a Personal Representatives Deed.

    CLOSING: The balance of the real estate purchase price is due at closing, which will take place on or before November 22, 2017.

    POSSESSION: Possession on all tracts will be delivered at closing. Buyer to receive 2018 CROP RIGHTS!

    REAL ESTATE TAXES / ASSESSMENTS: Seller will pay 2017 taxes due and payable in 2018 by giving the Buyer a credit at closing equal to the last assessed amount.

    ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.

    SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. If a survey is needed, Buyer(s) and Seller will share survey expense 50:50. If the property sells in its entirety, no new survey will be completed.

    EASEMENTS & LEASES: Sale of the property is subject to any and all easements of record.

    MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the Seller.

    CRP GOVERNMENT PROGRAMS: Buyer must assume any and all responsibilities of the CRP contract that is in effect until 2023. (2.0 Acres of improved waterways).

    AGENCY: Schrader Real Estate and 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 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, 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 Sellers or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers and Selling Agents reserve the right to preclude any person from bidding if there is any question as the persons credentials, fitness, etc. All decision of the Auctioneer is final.

    ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AUCTION COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.