Name 11.20.19 - 9630 W 100 N, Farmland, IN 47340
Auctioneer Evolve Auctions
Date(s) 11/20/2019
Live auction will be on WEDNESDAY NOVEMBER 20, 6:00 PM at the TOWNE SQUARE COMMUNITY CENTRE, 123 W FRANKLIN ST. WINCHESTER, IN.
Preview Date/Time SUNDAY, NOVEMBER 10 FROM 2-4. SHOWINGS AT OTHER TIMES CAN BE ARRANGED BY CALLING THE AUCTION COMPANY. WALK-OVER INSPECTIONS WELCOMED!
Checkout Date/Time NOVEMBER 20TH 6:00 PM.
Location 123 W FRANKLIN ST.
Winchester, IN 47394
Buyer Premium Online Only Premium
Description
Nice country home situated on +/- 5 acres with 3 bedrooms, 1 bathroom. Nice outbuildings including a 36'X72' barn, 24'X36' workshop and 3 grain bins. Give us a call to view the property. The real estate consists of +/-80 acres and will be offered in 3 tracts using the Freedom Tract Auction Method. Approximately +/-75 acres are good producing cropland. Tract #1: 3 bedroom home with nice outbuildings, grain bins and situated on +/-5 acres. Tract #2: +/-37 tillable acres with 509' of frontage along CR 100 N. Soils are mostly Glynwood silt and Pewamo silty clay. Tract #3: +/-37 tillable acres with frontage along CR 100 N. Soils are mostly Glynwood silt and Pewamo silty clay. Auction will be held on November 20, 2019 at the Towne Square Community Centre, 123 W Franklin, Winchester, IN 47394 starting at 6:00 PM (ET) An open house will be held on November 10, 2019 at 2:00pm-4:00pm. Auction terms/conditions along with tract maps are located in the associated documents tab. Call auction company for questions.
Auction Terms & Conditions METHOD OF SALE: RE/MAX Evolve (RC51800239) and Evolve Auctions (AC31800024) will offer this property at public auction on November 20, 2019 at 6:00 PM (ET). 80 Acres, more or less, will be sold. This property will be offered as one single unit or in tracts. Each bid shall constitute an offer to purchase and the final bid, if accepted by the Sellers, shall constitute a binding contract between the Buyer(s) and the Seller. The final purchase price for a tract or tracts will be the successful per acre bid price for the tract or tracts, multiplied by the tract acreage estimated in the auction brochure. If a survey is completed, the purchase price for the surveyed tract(s) will be adjusted, up or down, to the exact surveyed acres. ACREAGE: The acres listed in this brochure as well as any and all advertising are estimates taken from the county assessor’s records, GIS website, FSA records, and/or aerial photos. All acreage amounts are estimates and are subject to survey. SURVEY: The Sellers reserve the right to determine the need for and type of survey provided. If an existing legal description is adequate for title insurance for a tract or tracts, no new survey will be completed. If the existing legal description is not sufficient to obtain title insurance, a survey will be completed, the cost of which will be shared 50/50 by the Sellers and the Buyer(s). The Sellers will choose the type of survey to be completed and warrant that it will be sufficient to provide an owner’s title insurance policy for the tract(s). If a survey is completed, the purchase price for the surveyed tract(s) will be adjusted, up or down, to the exact surveyed acres. Combination purchases will receive perimeter survey only. DOWN PAYMENT: 10% of the accepted bid is due on November 20, 2019. The down payment must be in the form of a personal check, cashier’s check, cash or corporate check. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. BE SURE TO HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE OF PAYING CASH AT CLOSING. APPROVAL OF BIDS: The Sellers reserve the right to accept or reject any and all bids. DEED: Sellers will provide a trustee’s deed at closing. EVIDENCE OF TITLE: The Sellers will provide an Owner’s Title Insurance Policy to the Buyer(s). Each Buyer is responsible for a Lender’s Policy, if needed. If the title is not marketable, then the purchase agreement(s) are null and void prior to the closing, and the Broker will return the Buyer’s earnest money. EASEMENT: Not applicable. CRP: Not applicable. CLOSING: Closing shall be on or before December 31, 2019. The closing agent shall be held at Randolph County Abstract. The Sellers have the choice to extend this date if necessary. POSSESSION: Possession of land and home will be at closing. Tenant’s rights to the 2019 crop. REAL ESTATE TAXES: The Sellers will pay the 2019 Fall Tax installment. Buyer will be responsible thereafter. Taxes are subject to and dependent on how property is sold (multiple tracts or as a whole). RESTRICTIVE COVENANT: None noted or anticipated. MINERAL RIGHTS: All mineral rights owned by the Sellers will be conveyed to the Buyer(s). PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigation, inquiries and due diligence concerning the property. Further, Sellers disclaim any and all responsibility for bidder’s safety during physical inspections of the property. No party shall be deemed to be invited to the property by RE/MAX Evolve and Evolve Auctions. AGENCY: RE/MAX Evolve and Evolve Auctions and their representatives are exclusive agents of the Sellers. DISCLAIMER: All information advertised for this sale and any related materials are subject to the Terms and Conditions outlined in the purchase agreement. This information is subject to verification by all parties relying upon it. No liability for its accuracy, errors or omissions is assumed by the Sellers or RE/MAX Evolve and Evolve Auctions and/or their representatives. STATEMENTS/ANNOUNCEMENTS MADE AT THE AUCTION TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIALS OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property are made by the Sellers or RE/MAX Evolve and Evolve Auctions. Each prospective bidder is responsible for conducting his/her independent inspections, investigations, inquiries and due diligence concerning the property. Except for any express warranties set forth in the sale documents, Buyer(s) accepts the property “AS/IS” and Buyer(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Sellers and RE/MAX Evolve and Evolve Auctions make no warranty or representation, express or implied, or arising by operation of law, including any warranty for merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall the Sellers or RE/MAX Evolve and Evolve Auctions be liable for any consequential damages. Conduction of the auction and increments of bidding are at the discretion of RE/MAX Evolve and Evolve Auctions and/or the auctioneer. The Sellers and RE/MAX Evolve and Evolve Auctions reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of RE/MAX Evolve and Evolve Auctions and/or the auctioneer are final. --------------------------------------------------------------------------------------- Sebae Data Solutions, Inc. SERVICE TERMS AND CONDITIONS ACCEPTANCE OF TERMS Sebae Data Solutions, (the makers of Auction Flex & HiBid (formerly Bidopia) hereafter referred to as "Sebae"), provides its service to you, subject to the following Terms & Conditions ("TAC"), which we may update from time to time without notice to you. The most current version of the TAC can be found found at any time by visiting the link: http://www.auctionflex.com/showtandc.ap USE AND REGISTRATION Our services are available only to, and may only be used by individuals who can form legally binding contracts under applicable law. 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Currency USD
Buyer Premium Online Only Premium
Payment Terms
Earnest money due within 48 hours of the auction close. Remainder balance due at closing.
Buyer will take possession of property at closing.