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107.46 Acres in Rush County, IN |

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Sold. ...Sold. ..Sold The auction team was in Rush County tonight offering a 2 story home with outbuildings all on 107.46 acres A great crowd was on hand to compete for the opportunity to purchase all or part of this beautiful home and outbuildings and productive tillable acreage. The final purchase price for the whole farm was determined at $685,000.00. Congratulations to the successful bidders and thanks to everyone who attended the auction.
  107.46 Acres
Ripley Township, Rush County, IN
   Auction
  November 11, 2015 12:00 AM ET
Edwards, Norman Estate

General Info

General Information

Total Acres 107.46

Tracts 3

Type of Sale Auction

Farm Name Edwards, Norman Estate

Status closed

HLS Number RDH - 11693

Key Features 2 Story Home with Outbuildings, Productive Tillable Acreage

Location Ripley Township, Rush County, IN


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Property Information

Farm Name Edwards, Norman Estate

Type of Operation Development - Farm - Livestock

Current Zoning Agricultural

School System C. A. Beard Memorial School Corporation

Annual Taxes $4,774.08

Ditch Assessment $123.00

Topography Level

Soil Westland Clay Loam, Ockley Silt Loam, Sleeth Silt Loam

Building Description 2,412 sq ft, 2 story home with 4 bedrooms and 2 full baths 3200 sq ft pole barn 3320 sq ft bank barn Corn crib small utility shed

Property Location

Property Address 205 E Log St, Carthage, IN 46115

Region IN

General Location Southeast edge of Carthage, IN

Legal Description 107.46 acres, more or less, located in part of the SE 1/4 of the SW 1/4 and part of the W part of the SE 1/4 and part of the E part of the SW 1/4, all in S19, T15N, R9E, Ripley Twp, Rush County, State of Indiana.

Auction Info

Real Estate Auction Information

Start Auction Date December 14, 2015

Start Auction Time 6:30 PM ET

Open Houses

Open Houses

Date November 16, 2015

Time 4:00 PM ET - 5:30 PM ET

Date November 24, 2015

Time 4:00 PM ET - 5:30 PM ET

Acreage Info

Acreage Information

Tillable Acres 98.760

Non-Tillable Acres 6.310

Home Acres 2.390

Videos & Photos

Videos & Photos

Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate
Edwards, Norman Estate

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 December 14, 2015. At 6:30 PM, 107.46 acres, more or less, will be sold at the Carthage Volunteer Fire Department, Carthage, IN. This property will be offered as one single unit, in tracts or in combination. 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. To place a confidential phone, mail or wire bid, please contact Rusty Harmeyer at 765-561-1671, Dave Bonnell at 812-343-4313 or Michael Bonnell at 812-343-6036 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 Seller reserves 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 Seller and the Buyer(s). The Seller 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. The price per acre will be the auction price bid for the tract, divided by the tract acreage estimated in the auction brochure. Combination purchases will receive a perimeter survey only. 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. Combo bids will not be split into separate purchase agreements. 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. CLOSING: The closing shall be on or about January 29, 2016. The Seller has the choice to extend this date if necessary. POSSESSION: Possession of land and buildings will be at closing. REAL ESTATE TAXES: Real estate taxes are $4,774.08. The Seller will pay taxes prorated to the day of closing. Buyer(s) will pay taxes prorated from the date of closing and all taxes thereafter. DITCH ASSESSMENT: Ditch assessment is $123.00. Buyer(s) 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 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.

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Contact Information

David Bonnell
David Bonnell
Farm Manager, Real Estate Agent, Certified General Appraiser
 
Michael Bonnell
Michael Bonnell
Farm Manager, Real Estate Agent, Auctioneer, Certified General Appraiser
 
Rusty Harmeyer
Rusty Harmeyer
Auctioneer
 

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