76 +/- ACRES OFFERED IN 1 TRACT
NEARLY ALL TILLABLE
CR 700 WEST - RICHLAND, IN
TUESDAY, FEBRUARY 18TH @ 6:00 PM
REAL ESTATE: The real estate consists of 76+/- acres located between CR 650 W & 700 W with excellent access on both roads. The farm is composed primarily of Wheeling, Weinbach & Vincennes soils & the topography is level to gently rolling. The farm has been recognized as a Hoosier Homestead, which means it has been owned by the same family for over 100 years.
PROPERTY LOCATION: From Hwy 66, turn north on CR 700 W at Luce Elementary School. Property is located on the east side of the road after the third house on the right.
AUCTION LOCATION: Rockport, IN City Park Community Bldg. (934 Fairground Dr.)
SHOWING: Tues., Feb. 11th from noon till 1 p.m. Showings at other times can be arranged by calling the auction company.
BUYER’S PREMIUM: A 5% Buyer’s Premium will be added to the high bid amount to determine the Contract Purchase Price.
TERMS: A 10% deposit will be required on the day of the auction with the balance due within 30 days. Purchaser will assume the real estate taxes due & payable in Nov. 2014. Any closing fee charged by a title company or escrow agent to close the transaction will be split evenly between buyer & seller. Real estate will sell subject to the owners’ approval.
MINERAL RIGHTS: Any/all mineral rights owned by the seller will be conveyed to the purchaser.
POSSESSION: Possession will be at final closing subject to tenant's rights. Purchaser will receive sellers' share of the 2014 crop income.
FSA INFORMATION: FSA information and a map are available in the "FILES" section.
SELLER: Duane & Phyllis Walter
A 10% deposit will be required on the day of the auction with the balance due within 30 days. Purchaser will assume the real estate taxes due & payable in Nov. 2014. Any closing fee charged by a title company or escrow agent to close the transaction will be split evenly between buyer & seller. Real estate will sell subject to the owners’ approval.