MAJOR FARMLAND AUCTION - Saturday, January 19th - 10:00am
307 ACRES OF PRODUCTIVE FARMLAND -4 FARMSTEADS - 11 TRACTS
Madison County - Indiana
Anderson, IN 46013
Owner: Charlotte F. McCord Trust
Sale Manager: Brandon Steffen
Contact: 260-426-0633
MAJOR CENTRAL INDIANA LAND AUCTION
Auction Location
The auction shall be conducted at Whetstone Christian Church - 5940 Madison Ave, Anderson, Indiana. Auction day phone numbers 260-710-5684 or 260-273-9311.
Inspection
Inspections will be held on Sunday, January 6th from 2pm - 4pm and on Thursday, January 10th from 3pm - 5pm. Meet an Auction Representative at Tract #9 (5307 W. 100 S., Anderson). Feel free to walk the fields at any time.
Tract Descriptions
Tract #1 2.0+/- Acres improved with a 2 story modern home, excellent outbuildings including livestock barn, garage and machine shed.
Tract #2 7.5 +/- Acres of tillable land with ...
Tract #2 7.5 +/- Acres of tillable land with 355 of road frontage on County Road 500 west; this would make an excellent combination with Tract #1 or #3.
Tract #3 10.5 +/- Acres of tillable land with 675 of road frontage on County Road 500 West and 668 of road frontage on County Road 250 South.
Tract #4 40 +/- Acres of Prime Central Indiana farm land, mostly tillable with road frontage on County 500 West and County Road 250 South.
Tract #5 2.0 +/- Acres with an older home and detached garage on the corner of 500 West and 200 South.
Tract #6 78 +/- Acres of Prime Central Indiana farm land with road frontage on 500 West, 200 South and 250 South.
Tract #7 - 2.5 +/- Acres with an older single story home.
Tract # 8 - 60.5 Acres of Prime Indiana farmland, mostly tillable small portion of this tract has an older barn and fenced pasture area.
Tract #9 7.0 +/- Acres The Home Place with improvements including a turn of the century brick home situated among large mature trees, several older outbuildings. This tract offers many opportunities and is perfect for use as a mini farm.
Tract #10 73 +/- Acres all tillable of Prime Central Indiana Farm Land.
Tract #11 23.7 +/- Acres all tillable with commercial potential. This property has an abundant amount of road frontage on both State Hwy 32 and Co. Rd. 600 West.
Soil Types
**Click 'Helpful Files' tab above to view**
Auctioneers Note
Dont miss the opportunity to purchase 307 Acres of prime Central Indiana farm land at public auction. This auction represents farm land that was assembled throughout the years by the late Byron and Charlotte McCord, who were long standing members of the community. The farms will be offered in 11 individual tracts, any combination of tracts or as an entire package. Design a combination of tracts that fits your needs, and come prepared to bid. Please feel free to call our office with any questions that you might have.
Looking forward to seeing you at the auction.
- Brandon
Terms & Conditions
Procedure: The property will sell in (11) individual tracts, any combination of tracts, and as a total 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.
Method of Payment: A non-refundable earnest money deposit of 10% of the purchase price will be required the day of sale with the balance due the day of final closing. Closing to be within 45 days of the auction. This real estate is being sold for cash and your bidding is not contingent upon financing. Have your financing prearranged prior to auction day.
Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following the auction at the site. The seller reserves the right to accept or reject any bids.
Buyers Premium: A 2 1/2 % buyers premium will be added to the final bid price of the real estate. Thus, determining the final selling price of the real estate.
Title: Seller will provide the buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of the title. Seller will provide buyer with a fully executed trustee deed conveying title to the buyer.
Possession: Possession will be give to the buyer the day of final closing.
Taxes: All taxes shall be prorated to the day of final closing. All subsequent real estate taxes and assessments shall become the responsibility of the buyer.
Survey: AT THE SELLERS OPTION, the buyer and seller will split the survey cost on any parcel where there is no existing legal description or where new boundaries are created by the tract divisions of the auction. Any need for a survey shall be determined at the sole discretion of the seller and the auctioneer. If the survey is determined needed by the seller and auctioneer, final bids will be adjusted to reflect the results of said survey. The type of survey prepared shall be determined by the Seller and Auctioneer as long as it is sufficient for issuance of a title insurance policy. Combination purchases will only receive a perimeter survey. Only the boundary corners of the respective tract sold shall be marked. Successful bidders will then pay a revised purchase price calculated by multiplying the actual surveyed acreage by the actual purchase price per acre indicated in the offer to purchase. All auction tracts are approximate and have been estimated based on aerial photographs or current legal descriptions.
Acceptance of Bid: This real estate is being sold subject to confirmation of the seller.
Property Disclosure: This property is being sold "As-Is" and "Where-Is" with no warranty being expressed or implied.
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 agreements. Conduct of the auction and the increments of bidding are at the direction and discretion of the auctioneer. All decisions of the auctioneer are final. Announcements made day of the sale take precedence over any and all printed material.
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