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REAL ESTATE AUCTION - 111.5+/- ACRES IN 8 TRACTS IN KOSCIUSKO CO., INDIANA
Thu, Oct 18, 6:00 PM
Clay Twp. - Kosciusko County - Claypool, Indiana

Owner: Darrel P. Byrer & Helena L. Byrer

SOLD FOR $575,000

• LOOK FOR OUR FARM EQUIPMENT AUCTION ON WEDNESDAY, OCTOBER 3RD @ 4:30PM • 111.5+/- Acres in 8 Tracts • Exceptional 2 Story Home • Tiled Productive Farmland • 5 miles south of Warsaw • 1-1/2 miles north of Claypool • Warsaw Community Schools

OPEN HOUSE/INSPECTION DATES



Wednesday, September 19 from 4:30-6PM
Sunday, September 23 from 12-1:30PM
Thursday, October 4 from 4:30-6PM

PROPERTY LOCATION
669 W 600 S, Claypool, IN
From SR 15 turn east on CR 550 S, continue 1/2 mile to Kinsey Rd (CR 200 W), turn south, travel 1/2 mile to CR 600 S and turn east, travel about 1 mile to property.

AUCTION LOCATION
Claypool Lions Club, 205 W Calhoun St, Claypool IN
From SR 15 turn east on CR 700 S, 1/2 mile to Railroad St, then 1 block south to the building.

PROPERTY DESCRIPTION
This property has 93.24+/- FSA tillable acres. Tracts 1, 5, 7, and 8 all have been tiled to the county ditch or county tile. The Byrers were Indiana River Friendly farmers. Tillable land had cover crops applied every year and fertility maintained.

TRACT DESCRIPTIONS
Tract 1: 26± ac nearly all tillable with 104 ft. road frontage, tiled.
Tract 2: 1.7± ac 2 story, 5,080 sq.ft. 4/5 bedroom, 4 bath home with full walkout basement. Large 2 car garage and large yard. Home offers open kitchen with bar and oak cabinets. The walk out basement is completely finished and has a home movie theater and cherry wet bar with Black Galaxy granite counter tops. Bathrooms have cherry cabinets and Ibere Crema Bordeaux granite counter tops. This is a very nice home that was built new by the Byrers. You will not be disappointed!
Tract 3: 0.8± ac with 40 ft.x60 ft. pole barn with concrete floor.
Tract 4: 6± ac with 416 ft. road frontage, tillable and pasture land with small woods. Great potential building site.
Tract 5: 32± ac all tillable with 50 ft. road frontage, tiled.
Tract 6: 11± ac SWING TRACT wooded ground with large pond. this tract must be purchased in combination with any adjoining tract or by an adjoining neighbor.
Tract 7: 11± ac all tillable. Tiled and very productive land. Excellent potential building site.
Tract 8: 23± ac mostly tillable. Tiled and very productive land, potential building site.


SOIL INFORMATION

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PROCEDURE: The property will be offered in 8 individual tracts, as a total 111.5+/- acre unit. Bid on individual tracts any combination of tracts or on the entire property. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.

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 targeted closing date will be approximately 30 days after the auction.

POSSESSION: Possession is 30 days after closing.

REAL ESTATE TAXES: Prorated from day of closing.

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.