66 Acres +/- Agriculture & Recreational Land  -  Live Auction


Dates
Starts: Wed, Jan 15 at 6:00 PM America/Fort_Wayne

Ends: Wed, Jan 15 at 7:00 PM America/Fort_Wayne

Public Auction
Wednesday, January 15th, 2020
Sale Starting at 6:00 P.M.

AUCTION TO BE CONDUCTED AT
THE WELLS COUNTY 4H PARK:
1240 4H Park Rd, Bluffton, IN 46714

DIRECTIONS TO AUCTION SITE: BLUFFTON, IN: Take St. Rd. #1 (Main Street) to the South Edge of Bluffton, IN to Spring Street (CVS Pharmacy), then West to 4-H Drive; WATCH FOR SIGNS!!!


66.6 Acres +/- Agriculture Farm & Recreational Land
(Exact Acreage to be determined by Land Survey)
Section 9 - Range 11-E - Liberty Twp. - Wells County, IN
100% Possession for the 2020 Crop Year!


SELLING FOR THE ESTATE OF KENT H. FRANTZ, JAMES P. FRANTZ, PERSONAL REPRESENTATIVE
MATT HAYES, ATTORNEY


RE Description & FSA Information:
Road Frontage on 400 W,
Approximately 17 +/- Acres of Woodland
Located on Two Portions of the Farm.


FSA INFORMATION:
Approx. 46.91 Tillable Cropland Acres +/-
Crop             Base Acres              PLC Yield
Corn                    26.21                        121
Soybeans            20.70                         44


Soil Information:
Sloan, Rensselair, Glynwood, Blount-Del Rey, Morley, Whitaker, Pewamo
Rockcreek Ditch on the East Side of Property


Real Estate Information:
Two Story House Structure with approx. 1491 Square Feet Being Sold AS-IS


FARM LOCATION:

From BLUFFTON, IN:
6 1/2 Miles West of Bluffton on State Road 124 to 400 W, then South 1 1/2 Miles to Property.

Property Address: 1443 S 400 W,
Liberty Center, IN 46766

Zoned A1 Agriculture: PROPERTY SELLING AS ONE TRACT

***Auctioneer's Note***
This offering is a Unique Farm & Recreational Land. This Tract of Real Estate has been Owned by the Frantz Family for Over 100 Years. A Rare Opportunity to Purchase 66 Acres in One Tract in Liberty Twp!



PROCEDURE OF SALE:

AGENCY: Ellenberger Bros., Inc. Auctioneers and its representatives are Exclusive Agents to the Seller.
DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure & all related materials are subject to the Terms & Conditions outlined in the Purchase Agreement. The Property is being sold on “AS IS, WHERE IS” basis and no warranty or representation, either express or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the Auction Company. Conduct of the Auction and increments of bidding are at the direction and discretion of the Auctioneers.
TERMS: An earnest money deposit of: $25,000.00 will be required day of sale, (Non-Refundable). The balance is due at final closing upon delivery of an Owner’s Policy of Title Insurance insuring marketability in the subject real estate and delivery of a Warranty Deed. All Real Estate is being sold for cash and is not subject to any lender requirements in the event the Buyer obtains financing. Buyers needing financing must have financing arranged prior to the Auction.
TAXES: The Seller will pay all 2019 Real Estate Taxes due and payable in 2020 with Buyer's tax obligation beginning with the installment due and payable in May 2021 and all subsequent taxes and assessments.
POSSESSION: Purchaser's Possession will be delivered upon day of final closing. 100% Possession to Buyer for 2020 Crop Year.
CLOSING REQUIREMENTS: Closing of this Real Estate shall occur on or before February 17th, 2020 with Title Company Closing Fee and Survey cost to be shared equally between the Buyer and Seller.
ALL STATEMENTS MADE DAY OF SALE SHALL TAKE PRECEDENCE OVER PRINTED MATERIAL IN THIS AD
VISIT OUR WEBSITE FOR COLOR PHOTOS, DETAILED LISTING & TERMS

PROPERTY IS SELLING SUBJECT TO THE APPROVAL OF:
THE ESTATE OF KENT H. FRANTZ,
JAMES P. FRANTZ, PERS. REP.
MATT HAYES, ATTORNEY