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191.00 Acres in Fayette County, IN |

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Sold. ...Sold. ...Sold The auction team was in Fayette County tonight offering a wonderful 191 acre farm. An outstanding crowd was on hand to compete for the opportunity to purchase all or part of this great farm. With interest in the various individual tracts, combinations and the whole farm, the price quickly escalated to the final purchase price of $910,000 or 4,674 per acre. Congratulations to the winning producer and thanks to all who attended the auction.
  191.00 Acres
Waterloo Township, Fayette County, IN
   Auction
  February 15, 2016 12:00 AM ET
Green, Howard Farm

General Info

General Information

Total Acres 191.00

Tracts 5

Type of Sale Auction

Farm Name Green, Howard Farm

Status closed

HLS Number CLS - 11727

Key Features Productive Farmland, Recreational Tract with Young Stand of Hardwoods and Productive Walnut Tree Woodland

Location Waterloo Township, Fayette County, IN


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Property Information

Farm Name Green, Howard Farm

Type of Operation Farm - Recreational - Timber

Current Zoning Agricultural

School System Fayette County School Corporation

Annual Taxes $5,344.00

Topography Level

Building Description 72' x 44' bank barn Silo

Property Location

Region IN

General Location In the northwest corner of Hadler Rd and CR 250 E

Legal Description 191 acres, more or less, located in part of the NE 1/4 and NW 1/4 of S32, T15N, R13E, Waterloo Twp, Fayette County, State of Indiana.

Auction Info

Real Estate Auction Information

Start Auction Date March 17, 2016

Start Auction Time 6:30 PM ET

Open Houses

Open Houses

No Open Houses.

Acreage Info

Acreage Information

Tillable Acres 156.900

Non-Tillable Acres 4.400

Wooded Acres 29.100

Building Site Acres 0.600

Videos & Photos

Videos & Photos

Green, Howard Farm

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 March 17, 2016. At 6:30 PM, 191 acres, more or less, will be sold at the John H. Miller Community Center, Connersville, 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 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 Craig Springmier at 937-533-7126 or Rusty Harmeyer at 765-561-1671 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 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 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(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 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. Combo bids will not be split into separate purchase agreements. DEED: The Sellers will provide a Warranty 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 May 2, 2016. The Sellers have the choice to extend this date if necessary. POSSESSION: Possession of land will be upon execution of the purchase agreement and lease agreement the night of the auction, for the 2016 crop year, to be used in the event that closing does not occur. Possession of buildings will be at closing. REAL ESTATE TAXES: Real estate taxes are $5,344.00. The Sellers will pay the 2015 taxes due and payable in 2016. The Buyer(s) will pay the 2016 taxes due and payable in 2017 and all taxes 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.

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Contact Information

Craig Springmier
Craig Springmier
Farm Manager, Real Estate Agent
 
Rusty Harmeyer
Rusty Harmeyer
Auctioneer
 

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