Total Acres 120.00

Tracts 1

Type of Sale Private

Farm Name DeVries, Carroll

Status closed

HLS Number JAM - 11715

Key Features Productive Farmland

Location Porter Township, Porter County, IN


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Farm Name DeVries, Carroll

Type of Operation Farm

Current Zoning Agricultural

School System Porter Township School Corporation

Annual Taxes Not available

Ditch Assessment Not available

Topography Gently Rolling To Rolling

Soil Elliott Silt Loam, Markham Silt Loam, Morley Silt Loam & Pewamo Silty Clay Loam

Region IN

General Location On the east side of State Road 2, 0.25 mile north of the intersection of CR 500 S and State Road 2

Legal Description 120 acres, more or less, located in part of the SW 1/4 of S26, T34N, R7W, Porter Twp, Porter County, State of Indiana.

Tillable Acres 118.800

CRP Acres 1.200

Terms & Conditions METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer 120 acres, more or less, of the Carroll DeVries farm, located in Porter Township of Porter County, by sealed bid auction on March 4, 2016. Bids must be postmarked, faxed or emailed, no later than 5:00 PM EST that day. This property will be offered as one single unit. Each bid shall constitute an offer to purchase and the final bid, if accepted by the Seller, shall constitute a binding contract between the Buyer(s) and the Seller. The auctioneer will settle any disputes as to bids and his decision will be final. BID FORMAT: All bids must be mailed to Julie Matthys of Halderman Real Estate at 29956 Edison Rd, New Carlisle, IN 46552-8402, faxed to 574-654-0145 or emailed to juliem@halderman.com. All bids must be received by 5:00 PM EST on March 4, 2016. ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos. SURVEY: A survey has been completed. DOWN PAYMENT: 10% of the bid down upon acceptance of the bid with the balance due at closing. The down payment must be in the form of personal check, cashier’s check, cash or corporate check. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. BE SURE YOU HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE OF PAYING CASH AT CLOSING. APPROVAL OF BIDS: The Seller reserves the right to accept or reject any and all bids. The successful bidder(s) will enter into a purchase agreement immediately upon acceptance of their sealed bid. DEED: The Seller will provide a Warranty Deed at closing. EVIDENCE OF TITLE: The Seller 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. CRP: CRP Payments will be prorated to the day of deed recording by Porter County FSA, using the fiscal year of October 1 to September 30. The Buyer will receive all responsibility for the maintenance of the CRP land in the future. If the Buyer removes any acres from the CRP contract, that Buyer is solely responsible for repayment of all received payments, interest and penalties. The contract on 1.2 acres of CP8A has an annual payment of $239.00. The contract expires September 30, 2020. CLOSING: The closing shall be on or about April 6, 2016. However, the Seller have the choice to change this date if necessary. POSSESSION: Possession of land will be at closing. REAL ESTATE TAXES: Real estate taxes are currently unavailable. The Seller will pay 2015 taxes due and payable in 2016. Buyer(s) will pay the 2016 taxes due and payable in 2017 and all taxes thereafter. DITCH ASSESSMENT: The ditch assessment amount is currently unavailable. Buyer will pay the 2016 ditch assessment and all assessments thereafter. MINERAL RIGHTS: All mineral rights owned by the Seller 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, Seller disclaims any and all responsibility for bidder’s safety during any physical inspections of the property. No party shall be deemed to be invited to the property by HRES or the Seller. AGENCY: Halderman Real Estate Services, Russell D. Harmeyer, Auctioneer, and their representatives, are exclusive agents of the Seller. DISCLAIMER: All information contained in this brochure and all 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 Seller or HRES. All sketches and dimensions in this brochure are approximate. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or HRES. 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, Seller and HRES 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 Seller or HRES be liable for any consequential damages. The Seller and HRES 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 HRES and/or the auctioneer are final.