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MAJOR LAND AUCTION - 315+/- ACRES IN 16 TRACTS - 6 PROPERTIES IN WHITLEY & ALLEN COUNTIES, INDIANA
Wed, Dec 6, 6:00 PM
Whitley & Allen County, Indiana

Owner: Clifford Family

SOLD FOR $2,502,000

• 315+/- Acres in 16 Tracts • 6 Properties • Productive Tillable Land • Wooded Land & Pasture • Great Schools • 3 Homes • Great Location/Potential Development • Online Bidding Available • The Cliffords have purchased a cattle ranch in Missouri and are headed west. While it is difficult to see the Clifford family leave the community, we sure wish them the best on this exciting opportunity! • Clifford Equipment Sale - Monday, January 1, 2018 - Call Eric Ott at 260-413-0787 for more information.

OPEN HOUSE/INSPECTION DATES
Tuesday, November 14 from 10:00 am-Noon
Wednesday, November 29 from 3:00-5:00 pm
Meet Schrader Representatives at Tract 10 for more information.



PROPERTY LOCATION
Tract 1 Location: From the intersection of Lima Rd. (US 3) & Carroll Rd. (just south of Huntertown) travel west on Carroll Rd. 1-3/4 miles to the property.
Tracts 2 & 3 Location: From the 5-points intersection of SR 205 & US 33 in Churubusco, travel north on Line St. (CR 900E) 1 mile to the property.
TRACTS 4 - 9 Location: From the intersection of US 30 & the Allen/Whitley County Line Rd., travel north on County Line Rd. 1-1/3 miles to the property.
Tracts 10-12 Location: From the intersection at Old Trail Rd. & Johnson Rd., just 1/4 mi. west of the Allen/Whitley line, travel north on Johnson Rd. 1/4 mi. to the property.
Tracts 13-15 Location: From the intersection of Butt Rd. & US 30 in Allen County, travel north on Butt Rd. 2/3 mile to the property.
Tract 16 Location: From the intersection of Felger Rd. & US 30, travel north on Felger Rd. 1-1/3 miles to Cook Rd., turn west on Cook Rd. and travel 1 mile to the property.

AUCTION LOCATION
The Home & Family Arts Building at the Allen County Fairgrounds, 2726 Carroll Road, Fort Wayne, IN 46818

TRACT DESCRIPTIONS
Tract 1: 5.4± ac with approximately 235 ft. of frontage on Carrol Rd. 1 block from Carroll Schools! Nearby water and sewer. Investigate the development potential this location has to offer! Residential zoning (R1).
Located in Allen County
Tract 2: 2.0± ac with 2 bed 1 bath country home, full bsmt. & C/A. 30 ft.x40 ft. outbuilding. Great country setting near Churubusco. Address: 5651 N 900 E, Churubusco, IN 46723
Located in Whitley County
Tract 3: 18± ac of newly fenced pasture w/ productive soils. Road frontage on N 900 E. Primarily Glynwood & Blount Loam soils. Combine with Tract 2 to enjoy a nice mini-farm.
Located in Whitley County
Tract 4: 12± ac with potential for a wooded country estate overlooking a pond. Great location with frontage on Leesburg Rd.
Located in Allen County
Tract 5: 10± ac SWING TRACT of open rolling pasture. Consider combining with Tract 4 for a nice potential country building site! This tract must be combined with Tracts 4 and/or 6 in the auction.
Located in Allen County
Tract 6: 12± ac farmstead with a 3 bed 1.5 bath home, 60 ft.x90 ft. cattle barn and outbuilding, grain bins, and access to fenced pasture. Great set up to continue as a livestock operation! Address: 15020 Leesburg Rd., Fort Wayne, IN 46818.
Located in Allen County
Tract 7: 35± ac with 30+/- acres of productive tillable soils and the balance being woods. Primarily Pewamo and Blount loam soils! Road frontage on W County Line Rd.
Located in Allen County
Tract 8: 34± ac with 28+/- acres of productive tillable soils and the balance being woods. Primarily Pewamo and Blount loam soils! Road frontage on W County Line Rd. The USDA office has approved the clearing of the woods, if desired.
Located in Allen County
Tract 9: 62± ac mostly all tillable with road frontage on Butt Rd. Productive soils including primarly of Pewamo, Haskins, and Glynwood loam. Explore the potential this tract has to offer.
Located in Allen County
Tract 10: 7± ac with a 3 bed 1.5 bath home with (3) large livestock barns, a 30 ft.x70 ft. hoop building, (2) large pole buildings, including a 48 ft.x60 ft. heated shop and 3 grain silos. Address: 712 S. Johnson Road, Columbia City, IN 46725.
Located in Whitley County
Tract 11: 8± ac SWING TRACT mainly pasture. Consider combining with Tract 10 to add room for animals at your mini-farm! This swing tract must be combined with Tracts 10 and/or 12 in the auction or purchased by an adjoining landowner.
Located in Whitley County
Tract 12: 25± ac pasture and woods with frontage on Johnson Road. Gorgeous setting close to U.S. 30 in Whitley County.
Located in Whitley County
Tract 13: 3± ac country building lot with a great location on Leesburg Rd., only minutes from Fort Wayne.
Located in Allen County
Tract 14: 30± ac nearly all tillable with road frontage on Leesburg Rd. Productive Rawson, Haskins, and Washtenaw loam soils.
Located in Allen County
Tract 15: 27.8± ac of nearly all tillable soils with access to Butt Rd. Productive Rawson, Haskins, and Washtenaw loam soils! Combine with Tract 14 for a nearly all tillable 58+/- acre farm.
Located in Allen County
Tract 16: 24.2± ac of nearly all productive tillable land with frontage on Cook Rd. Productive Whitaker and Rensselaer loam soils.
Located in Allen County

• TRACT 1
  
• TRACTS 2-3
  
• TRACTS 4-9
  
• TRACTS 10-12
  
• TRACTS 13-14
  
• TRACT 16
  

PROCEDURE: The property will be offered in 16 individual tracts, any combination of tracts and as a total 315-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 real estate purchase price is due at closing, which will take place on or before January 9, 2018.

POSSESSION: Possession is at closing on bare land tracts, subject to harvest of 2017 growing crops. Possession is 30 days after closing on homes and buildings.

REAL ESTATE TAXES: Real estate taxes will be the responsibility of the Buyer(s) beginning with 2018 taxes due in 2019 and thereafter.

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 have 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.