fbpx

Productive Farmland with Rural Residence in Porter County, IN |

Below is all the information connected to this listing. If you have any questions, contact us today.

  114.93 Acres
Boone Township, Porter County, IN
   Private
  June 25, 2015 12:00 AM CT
Gilson

General Info

General Information

Total Acres 114.93

Tracts 1

Type of Sale Private

Farm Name Gilson

Status closed

HLS Number JAM - 11622

Key Features Productive Farmland with Rural Residence

Location Boone Township, Porter County, IN


View Map

Property Information

Farm Name Gilson

Type of Operation Farm - Residential

Current Zoning Agricultural

School System Hebron Public Schools

Annual Taxes $6,458.54

Ditch Assessment $20.00

Topography Level To Gently Rolling

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

Building Description 2,494 sq. ft., 2 story country farm house with 3 bedrooms and 1.5 bathrooms, as well as a detached garage. Historic barn listed in the National Register of Historic Places- built in 1892 Several outbuildings suitable for hobby farming

Property Location

Property Address 522 W 650 S Hebron, IN 46341

Region IN

General Location Located in the northwest corner of the intersection of CR 700 S and CR 500 W, Hebron, IN

Legal Description Located in the NW 1/4 of the SE 1/4 and the E 1/2 of the SE 1/4 of S1, T33N, R7W, Boone Twp, Porter County, State of Indiana.

Open Houses

Open Houses

Date July 07, 2015

Time 5:00 PM ET - 7:00 PM ET

Date July 25, 2015

Time 1:00 PM ET - 3:00 PM ET

Acreage Info

Acreage Information

Tillable Acres 107.830

Non-Tillable Acres 0.500

Pond / Lake Acres 2.800

Home Acres 3.800

Videos & Photos

Videos & Photos

Gilson

Terms

Terms & Conditions

Terms & Conditions METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer this property at public auction on August 4, 2015. At 6:30 PM CST, 114.93 acres, more or less, will be sold at The Gathering Place, Hebron, IN. 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 Sellers, shall constitute a binding contract between the Buyer(s) and the Sellers. The auctioneer will settle any disputes as to bids and his decision will be final. To place a confidential phone, mail or wire bid, please contact Julie Matthys at 574-310-5189 or Larry Smith at 219-362-4041 at least two days prior to the sale. ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos. 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 the tract, 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. If a survey is completed, the purchase price for the surveyed tract will be adjusted, up or down, to the exact surveyed acres. The price per acre will be the auction price bid for the tract, divided by the tract acreage estimated in the auction brochure. DOWN PAYMENT: 10% of the accepted bid down on the day of the auction 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 Sellers reserve the right to accept or reject any and all bids. All successful bidders must enter into a purchase agreement the day of the auction, immediately following the conclusion of the bidding. Successful bidders must execute purchase agreements on tracts exactly as they have been bid. DEED: The Sellers will provide a Warranty Deed and Personal Representative’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. CLOSING: The closing shall be on or about September 15, 2015. The Sellers have the choice to extend this date if necessary. POSSESSION: Possession of land will be at closing, subject to the tenant’s rights to harvest the 2015 crop. CASH RENT PAYMENT: Buyer(s) will receive a fall cash rent payment of $80 per tillable acre. REAL ESTATE TAXES: Real estate taxes are $6,458.54. The Sellers will pay taxes prorated to the day of closing. The Buyer(s) will pay taxes prorated from the date of closing and all taxes thereafter. DITCH ASSESSMENT: The ditch assessment is $20.00. The Sellers will pay the ditch assessment prorated to the day of closing. The Buyer(s) will pay the ditch assessment prorated from the date of closing and all assessments thereafter. 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 any physical inspections of the property. No party shall be deemed to be invited to the property by HRES or the Sellers. AGENCY: Halderman Real Estate Services Inc., Russell D. Harmeyer, Auctioneer, and their representatives, are exclusive agents of the Sellers. 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 Sellers or HRES. All sketches and dimensions in this brochure are approximate. ANNOUNCEMENTS MADE BY HRES AND/OR THEIR AUCTIONEER AT THE AUCTION DURING THE TIME OF THE SALE 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 express or implied, concerning the property is made by the Sellers 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, Sellers 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 Sellers or HRES be liable for any consequential damages. Conduction of the auction and increments of bidding are at the direction and discretion of HRES and/or the auctioneer. The Sellers 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.

Contact Information

Larry Smith
Larry Smith
Real Estate Agent
 

Download Brochures / Forms

 

I'm interested in this property

Listing Form

Share:

Newsletter Sign Up

Enter your email address into the form to be the first to know about all things Halderman, from upcoming property auctions to advice from our blog.


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact