Auction Information
Auctioneer The Steffen Group 260-426-0633
Auction Date Sep 28 Auction
Location
12305 Arcola Road
Fort Wayne, IN
Time 10:00AM
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    Property Address    
County Line and Arcola Road
Fort Wayne, IN 46818

MAJOR LAND AUCTION 103 ACRES - Saturday, September 28th  - 10:00 AM





Allen and Whitley Counties in Northern, Indiana

Lake and Union Township
Fort Wayne, IN 46818
 - (View Map)

Owner: Wilhelm Trust

Sale Manager: Brandon Steffen

Contact: 260-426-0633

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Northern Indiana Land Auction - 103 +/- Acres Offered in 3 Tracts

Auction Location

The auction will be held at St. Patrick's Catholic Church which is located at 12305 Arcola Road, Fort Wayne, Indiana. From the intersection of I-69 and US 30 take US 30 8.5 Miles to the Allen / Whitley County Line Road then South 1.5 Miles to Arcola Road then East Approximately 2 Miles to the auction site. WATCH FOR STEFFEN GROUP AUCTION SIGNS.

Inspection

Feel free to walk the property at anytime. Call Brandon Steffen, Sale Manager for a private showing or for additional information.

Farm # 1 - Tract # 1 -2 - 36 Acres - Lake Township, Section 30 - Allen County




Tract #1 - Consists of approximately 19 +/- acres of land with approximately 18 acres of tillable productive farmland and 1 acre that has a pond, small barn, well and septic system. The mobile home that is currently located on the property is owned by the tenant. This tract has 1,219' of road frontage on Arcola Road and approximately 630' of road frontage on County Line Road. This is a tremendous tract if you are looking for small acreage in Northwest Allen County. Tenant is month to month.

Tract #2 - Consists of approximately 17 +/- acres of all tillable productive farmland with 624' of road frontage on County Line Road. This is a tremendous tract if you are looking for small acreage in Northwest Allen County.

Farm #2 - Tract # 3 -67 Acres - Union Township, Section 36 - Whitley County

Tract #3 - Consists of approximately 67 +/- acres of all tillable productive farmland with 50'of road frontage on County Line Road. This tract of land is nearly all tillable and is an excellent productive farm.

Auction Information Booklet



Wilhelm Farm Auction Information Booklet (.pdf - 8.35MB)


Terms & Conditions



Procedure: The property will sell 3 individual tracts or in combination of tract(s) # 1,2. Tract #3 will be sold separately and can not be combined with Tract (s) # 1,2.

Method of Payment: A non-refundable earnest money deposit of 10% of the purchase price will be required the day of sale with the balance due the day of final closing. Closing to be within 45 days of the auction. This real estate is being sold for cash and your bidding is not contingent upon financing. Have your financing prearranged prior to auction day.

Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following the auction at the site. The seller reserves the right to accept or reject any bids.

Title: Seller will provide the buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of the title. Seller will provide buyer with a fully executed Trustee's deed conveying title to the buyer.

Possession: Possession will be give to the buyer after the harvest of the 2019 crops. Seller shall retain 100% of the cash rent and any farm payments made for 2019. The mobile home located on tract #1 is owned by the Tenant. Possession of the area surrounding the mobile home is subject to Tenant rights. Any rents that the Tenant has made for the month that the transaction closes, shall be prorated to the day of final closing.

Taxes: The Seller shall pay ALL 2019 due and payable 2020 real estate taxes and assessments. The Buyers tax obligations will start with the 2020 due and payable 2021 installment of taxes and all subsequent real estate taxes and assessments thereafter.

Survey: AT THE SELLERS OPTION, the buyer and seller will split the survey cost on any parcel where there is no existing legal description or where new boundaries are created by the tract divisions of the auction. Any need for a survey shall be determined at the sole discretion of the seller and the auctioneer. If the survey is determined needed by the seller and auctioneer, final bids will be adjusted to reflect the results of said survey. The type of survey prepared shall be determined by the Seller and Auctioneer as long as it is sufficient for issuance of a title insurance policy. Combination purchases will only receive a perimeter survey. Only the boundary corners of the respective tract sold shall be marked. Successful bidders will then pay a revised purchase price calculated by multiplying the actual surveyed acreage by the actual purchase price per acre indicated in the offer to purchase. All auction tracts are approximate and have been estimated based on aerial photographs or current legal descriptions.

Acceptance of Bid: This real estate is being sold subject to confirmation of the seller.

Property Disclosure: This property is being sold "As-Is" and "Where-Is" with no warranty being expressed or implied.

Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreements. Conduct of the auction and the increments of bidding are at the direction and discretion of the auctioneer. All decisions of the auctioneer are final. Announcements made day of the sale take precedence over any and all printed material.




Auctioneer License Information: au19600168

    Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.
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