Total Acres 100.78

Tracts 2

Type of Sale Auction

Farm Name Bardsley, Max Estate

Status closed

HLS Number RAJ - 11826

Key Features Highly Productive Farmland and Woodlands

Location Harrison Township, Wells County, IN


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Farm Name Bardsley, Max Estate

Type of Operation Farm

Current Zoning Agricultural

School System Bluffton-Harrison Metropolitan School District

Annual Taxes $2,750 (estimated)

Ditch Assessment $250

Topography Level

Soil Del Rey-Blount Silt Loams, Pewamo Silty Clay Loam, Milford Silty Clay Loam, Blount-Del Rey Silt Loams

Region IN

General Location 4 miles south and 4 miles east of Bluffton, IN

Legal Description 100.78 acres, more or less, located in part of the NE 1/4 of S31, T26N, R13E, Harrison Twp, Wells County, State of Indiana.

Start Auction Date September 13, 2016

Start Auction Time 6:30 PM ET

Auction Location Wells County 4-H Park: 1240 4-H Park Rd, Bluffton, IN 46714

Tillable Acres 76.600

Wooded Acres 24.000

Terms & Conditions ¬METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer this property at public auction on September 13, 2016. At 6:30 PM, 100.78 acres, more or less, will be sold at the Wells County 4-H Park, Bluffton, IN. 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 Seller, shall constit¬¬ute 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. To place a confidential phone, mail or wire bid, please contact Rick Johnloz at 260-824-3130 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: A survey for each tract has been completed by Stoody Associates. The cost of the survey will be split 50/50 between the Seller and Buyer of each tract. 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 Seller reserves 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 Seller will provide a Personal Representative’s 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. FARM INCOME: The Seller will retain all 2016 farm income. CLOSING: The closing shall be on or about October 20, 2016. The Seller has the choice to extend this date if necessary. POSSESSION: Possession of land will be at closing, subject to the tenant’s rights. REAL ESTATE TAXES: Real estate taxes are estimated to be $2,750.00. The Seller will pay 2016 taxes due and payable in 2017. The Buyer(s) will pay the 2017 taxes due and payable in 2018 and all taxes thereafter. DITCH ASSESSMENT: The ditch assessment is $250.00. The Buyer(s) will pay the 2017 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 Inc., 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. 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 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. Conduction of the auction and increments of bidding are at the direction and discretion of HRES and/or the auctioneer. 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.