CROSS LIVING TRUST – Sold at Auction – $7,800/acre

PUBLIC LAND AUCTION

AUCTION LOCATION:  HARRISON HILLS GOLF & COUNTRY CLUB, 413 E NEW STREET, ATTICA, IN

 

SATURDAY, NOVEMBER 12, 2016

1:00 P.M. EST

108.683 ACRES

LOGAN TOWNSHIP, FOUNTAIN COUNTY, IN

LAND LOCATION:  2.5 MILES EAST OF ATTICA, IN ON S.R. 28

CROSS 1 CROSS 2 CROSS 3 CROSS 4 CROSS 5 CROSS 6 CROSS 7

 

 

 

 

104.69 ACRES TILLABLE:  2.13 ACRES ROAD.  PREDOMINANT SOIL TYPES:  WESTLAND SILTY CLAY, WEA SILT LOAM, WEA SILT LOAM 2-6% SLOPE.  2015 YEILD:  CORN 216, SOYBEANS 58; 2014:  CORN 224, SOYBEANS 59; 2013:  CORN 192, SOYBEANS 56.  LOCATED IN PORTION OF THE S.E. 1/4 OF SECTION 11, TWP 21N, RANGE 7W.  TAXES $3206.16 ANNUAL.

TERMS:  10% DOWN DAY OF AUCTION WITH BALANCE AT CLOSING WITHIN 30 DAYS AFTER AUCTION AND IS NON-REFUNDABLE.  BUYER MUST HAVE FINANCING ARRANGED PRIOR TO AUCTION.  REAL ESTATE SOLD SUBJECT TO OWNER CONFIRMATION.  THE SUCCESSFUL BIDDER WILL SIGN AN OFFER TO PURCHASE IMMEDIATELY AFTER THE AUCTION.  THE AUCTIONEERS ARE EXCLUSIVE AGENTS OF THE SELLERS.  ANNOUNCEMENTS DAY OF AUCTION WILL TAKE PRECEDENCE OVER PRINTED MATERIAL.  MERCHANTABLE, INSURED TITLE WILL BE FURNISHED.  ALL REAL ESTATE IS BEING SOLD IN ITS EXISTING “AS IS” AND “WHERE IS” CONDITION OF THE PROPERTY OR IMPROVEMENTS THERON MADE BY THE ESTATE OR AUCTIONEER.  EACH POTENTIAL BIDDER SHALL EXERCISE DUE DILIGENCE AND IS RESPONSIBLE FOR HIS OR HER INDEPENDENT INSPECTION, INVESTIGATIONS AND INQUIRIES.  SOLD FEE OF TENANT’S RIGHTS FOR 2017.  

TAXES:  SELLER WILL PAY 2016 TAXES PAYABLE 2017.  BUYER TO PAY 2017 PAYABLE 2018.  SELLER WILL RETAIN THE 2016 CROP.  

POSSESSION:  CLOSING OR UPON COMPLETION OF THE 2016 HARVEST.

 

ROBERT F & FRANCES I CROSS LIVING TRUST

AUCTION CONDUCTED BY:

GREG CLINGAN AUCTION & REAL ESTATE

IN LICENSE #:  AU01040362