Total Acres 409.08

Tracts 7

Type of Sale Auction

Farm Name Willoughby

Status closed

HLS Number RDH - 12772

Key Features This multi-use property provides a great opportunity for raising cattle, sheep, or horses in a quiet country setting, yet close to town, being only a 20-minute drive into Bloomington. The perimeter of the property has been fenced with all new fencing built in the last two years! Deer and turkey abound, and the various sized tracts offer the hunter or recreational buyer the opportunity to purchase their weekend get-away, or a place to build the home of their dreams! The new barn on Tract 4 features numerous opportunities for show animals, a horse stables, or weekend party events! The scenic areas along the creek running through the property offer many spots for peaceful afternoons!

Location Indian Creek Township, Monroe County, IN


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Farm Name Willoughby

Type of Operation Building Lot - Farm - Recreational - Residential

Current Zoning Agricultural

School System Monroe County Community Schools

Annual Taxes $9,710.22

Topography Rolling

Building Description Tract 3: 80' x 100' barn with concrete floor, silo, automatic feeder, feed room, automatic waterer, 1164 sq ft Home 2 bedroom, 2 bath, Slab 24’ x 54’ open shed with stone floor and TRACT 4 - 80’ x 200’ barn water, electric, full concrete floor, multiple fenced lots on both sides 36’ x 72’ hoop barn stone floor, open on both ends

Property Address 9501 W Rock East Road, Bloomington, IN 47403

Region IN

General Location 4.5 miles south of SR 45 Along the south side of Rock East Road just west of the intersection of IN-45/Breeden Rd & Rock East Road in Monroe County, IN,

Legal Description -005-03415-00 Willoughby Minor Lot 1 -005-03415-02 Willoughby Minor Lot 2 -005-06755-92 Moore's Buena Vista Farm II Lot 2A (13.5 A in section 19 see 005-06750-00 for part in section 30) -004-01075-00 PT NESE 25 7 3 4.70A -005-06745-00 Moore's Buena Vista Farm I Lot 3C (41.57 A in section 29 see 005-06735-00 and 005- 06730-93 for parts in sections 20 and 19) -005-06730-02 Moore's Buena Vista Farm I Lot 2 -005-03415-03 Willoughby Minor Lot 3 -005-06750-00 Moore's Buena Vista Farm II Lot 2B (26.6 A in section 30 see 005-06755-92 for part in section 19) -005-06735-00 Moore's Buena Vista Farm I Lot 3A (76.03 in section 20 see 005- 06730-93 & 005-06745 -00 for parts in sections 19 and 29)

Start Auction Date June 14, 2022

Start Auction Time 6:30 PM ET

Auction Location Monroe County Fairgrounds: 5700 W Airport Rd, Bloomington, IN 47403

Date May 15, 2022

Time 2:00 PM ET - 4:00 PM ET

Date June 01, 2022

Time 6:00 PM ET - 8:00 PM ET

Tillable Acres 105.380

Wooded Acres 212.000

Pasture Acres 83.100

Terms & Conditions METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer this property at public auction on June 14, 2022. At 6:30 PM, 409.08 acres, more or less, will be sold at the Monroe County Fairgrounds Community Building, 5700 W Airport Road, Bloomington, IN 47403. This property will be offered in seven tracts as individual units, in combination or as a whole farm. 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 Rusty Harmeyer at 765-570-8118 or Todd Litten at 812-327-2466 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 General Warranty Deed 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 before August 17, 2022. The Sellers have the choice to extend this date, if necessary, in order to complete surveys. POSSESSION: Possession of land will be at closing; possession of buildings will be 30 days after closing. REAL ESTATE TAXES: Taxes will be prorated to date of closing. MINERAL RIGHTS: Buyer will receive all of the seller’s mineral rights. 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.