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Total Acres 276.75
Type of Sale Auction
Farm Name 22nd Century Properties LLC
HLS Number JAM - 12770
Key Features Wetland Reserve Program, Hunting, Recreational, Frontage Along the Kankakee River 16,000 trees planted in 2019
Jackson Township, Starke County, IN
Farm Name 22nd Century Properties LLC
Current Zoning Agricultural
School System North Judson-San Pierre School District
Annual Taxes Tract 1: 396.16 Tract 2: 140.68
Topography Level To Gently Rolling
Property Address State Road 39, Knox, IN 46534
General Location Approximately one-half mile north of the intersection of State Road 39 and State Road 8 on the east and west sides of State Road 39, Knox, IN 46534 Located near the following: Kankakee River Waterfowl Observation Area, Kankakee Fish & Wildlife Area, Indiana Birding Trail, and the Kankakee River Park
Legal Description Tract 1: All of the Southwest Quarter of the Southeast Quarter and all of the Southeast Quarter of the Southwest Quarter of Section 2, which lies west of the original meander line of the Kankakee River, designated as Lot 5. Also, all of the Northeast Quarter of the Southwest Quarter which lies west of the original meander line of the Kankakee River in Section 2, designated as Lot 6. Also, all of the Southwest Quarter of the Southwest Quarter of Section 2, lying east of the old channel of the Kankakee River in Section 2, designated as Lot 13. All that part of the Northwest Quarter of the Southwest Quarter of Section 2, Township 33 North, Range 3 West, Starke County, Indiana , except that part which lies South and West of the old channel of the Kankakee River, also except that part which lies West of the Kankakee Ditch (sometimes known as the Place Ditch). Also, 22.84 acres in the Southwest Quarter of the Southwest Quarter east of Place Ditch, Section 2, Township 33 North, Range 3 West, Starke County, Indiana, subject to the land used by the State for Highway No. 39 on the east side. That part of Lot 11 in the Southwest Quarter of the Northwest Quarter of Section 2, Township 33 North, Range 3 West of the 2nd P.M. lying east of the Place Ditch. Also, that part of Lot 7 in the Southeast Quarter of the Northwest Quarter of Section 2, Township 33 North, Range 3 West of the 2nd P.M. lying south and east of the Place Ditch. Tract 2: The West 30 acres of the Northeast Quarter of the Northwest Quarter of Section 11, Township 33 North, Range 3 West of the 2nd P.M. in Starke County, Indiana. ALSO, All that part of the Northwest Quarter of Section 11, Township 33 North, Range 3 West of the 2nd P.M. , Starke County, Indiana, lying West of the Westerly right of way of Indiana State Road 39; ALSO all that part of the Northwest Quarter of the Northwest Quarter of said Section Township and Range lying East of the Easterly right of way line of State Highway 39; AND ALSO a tract commencing at the point of the intersection of the Easterly right of way line of aforesaid State Road 39, with the South line of the above noted Northwest Quarter, thence East on said South line 1260 feet; thence North to the North line of the Southeast Quarter of the Northwest Quarter of said Section 11, 1302 feet, more or less, to a point 180 feet, more or less, East of the Northwest corner of the Southeast Quarter of the Northwest Quarter of said Section 11, thence West along the North line of said Quarter-Quarter, to the point of intersection with the Easterly right of way line of State Road 39; thence Southwesterly along said Easterly right of way line to the point of beginning, containing in all 87.76 acres, more or less, exclusive of the right of way of State Road 39.
Start Auction Date June 03, 2022
Start Auction Time 5:00 PM CT
Date May 14, 2022
Time 1:00 PM CT - 3:00 PM CT
Date May 30, 2022
Time 10:00 AM CT - 12:00 PM CT
Classified Forest Acres 276.750
Other Acres Notes Tract 1: WRP acres: 131.4223 Tract 1: Other acres 31.967 food plots, mowed trails, water and open land Tract 2: WRP acres 104.5 Tract 2 Other acres 8.86 food plots, mowed trails, water, and open land
Terms & Conditions PLEASE READ AND REVIEW THE REAL ESTATE TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ OR DO NOT UNDERSTAND THESE TERMS, DO NOT BID. BY BIDDING ON THE PROPERTY, BUYER AGREES TO ALL TERMS AND CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE PROPERTY UNDER THE FOLLOWING TERMS AND CONDITIONS: METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer 276.75 acres more or less, located in Jackson Township, Starke County, by sealed bid auction on June 3, 2022. Bids must be received no later than 5:00 PM CST / 6:00 PM EST that day. 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 their decision will be final. BID FORMAT: Bid packets will be provided upon request outlining the procedures and will include a purchase agreement. All bids must be received by Julie Matthys of Halderman Real Estate at 29956 Edison Rd, New Carlisle, IN 46552-8402. Bids may also be received by email to firstname.lastname@example.org. All bids must be received by 5:00 PM CST / 6:00 PM EST on June 3, 2022. ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos. SURVEY: There will be no survey unless required for clear title. If the existing legal description is not sufficient to obtain marketable title, a survey will be completed, the cost of which will be shared equally between the Buyer and the Seller. The Seller will choose the type of survey to be completed and warrant that it will be sufficient to provide marketable title 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. TERMS OF SALE: 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, corporate check or wire. 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 for any reason. All persons submitting a sealed bid must be at least 18 years of age or older and have full authority to bid on the property either solely or as a representative of the bidding entity. In the event of a tie bid, the Broker shall notify tied bidders and ask them to submit a final offer to break the tie bid. The successful bidder(s) will enter into a purchase agreement immediately upon acceptance of their sealed bid. CLOSING: The closing shall be on or about July 25, 2022. The Seller has the choice to extend this date if necessary. POSSESSION: Possession of the land will be at closing. REAL ESTATE TAXES: The real estate taxes will be pro-rated to date of closing. NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies. DEED: The Seller will provide a Warranty Deed at closing. 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. ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances. MINERAL RIGHTS: All mineral rights owned by the Seller will be conveyed to the Buyer(s). PERSONAL PROPERTY: No personal property is included in the sale of the real estate. This includes but is not limited to, ditch pumps, hunting blinds, and equipment on site at the time of inspection. The successful Buyer(s) have the option to negotiate the purchase of the ditch pump(s) directly with the Seller. AGENCY: Halderman Real Estate Services and their representatives, are exclusive agents of the Seller. CONDITION OF PROPERTY: Property is sold in 'AS IS, WHERE IS' condition. Halderman Real Estate Services, Inc, the Seller nor their representatives, agents, or employees make no express or implied warranties or representations of any kind. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property prior to bidding on the subject property. Further, Seller disclaims any and all responsibility for prospects safety during any physical inspection of the property. No party shall be deemed an invitee by virtue of the offer of the property for sale. All information presented in the brochure, website, and all other mediums is subject to verification by all parties relying on it. All sketches and dimensions are approximate. No liability for its accuracy, errors, or omissions is assumed by the Seller, Halderman Real Estate Services, Inc. or their Agents or Representatives. Buyer and or Bidder agrees to hold harmless and indemnify Halderman Real Estate Services, Inc. and their Agents and their Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. AERIAL PHOTOS, IMAGES AND DRAWINGS: For illustration purposes only and not surveyed boundary lines unless specified. DISCLAIMER: All information included herein was derived from sources believed to be correct, but is not guaranteed. NEW DATA, CORRECTIONS, and CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. CLASSIFIED FOREST/WRP: If the buyer(s) wishes to remove any or all of the acreage in Classified Forest, the buyer(s) is responsible for any real estate tax consequences or penalties that may incur. Portions of this property are enrolled in the Wetland Reserve Program (WRP). Buyer is responsible for all associated requirements. WRP contracts are available at Halderman.com or by contacting Julie Matthys. YOUR BID ON THIS AUCTION INDICATES BOTH AN UNDERSTANDING AND AN ACCEPTANCE OF THE TERMS OF THIS CONTRACTUAL AGREEMENT BETWEEN YOU, THE SELLER AND HALDERMAN REAL ESTATE SERVICES, INC. AND THAT YOU, AS THE BIDDER, ARE PREPARED TO PURCHASE THE PROPERTY UNDER THE TERMS AND CONDITIONS OF THIS AUCTION.