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64 Acres in 5 Tracts - Tillable, Building Sites, Woods
Monday, July 27, 6:00 pm
Between Syracuse & N. Webster, IN · Kosciusko County

Owner: The Hite Sisters LLC
Contact Sales Manager:
Gary Bailey
(574) 858-9759


Request a Brochure:
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Tract Map - Click to enlarge

  • Building Sites
  • Productive Tillable
  • Farmland
  • Woods
  • Wildlife
  • Recreation

North of North Webster and South of Syracuse near Lake Wawasee in Kosciusko County Indiana
Turkey Creek Township
Wawasee Schools

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PROPERTY LOCATION:
For Tracts 1-3: 3 miles north of North Webster or 3 miles south of Syracuse on State Rd. 13 to CR 1000 N (Wawasee Middle School) turn east 1/2 mile to T, then turn right to Hatchery Rd. Follow curves to property.

For Tracts 4 & 5: On State Rd. 13, 1 mile south of CR 1000 N to CR 900 N then turn east 1/2 mile to property on left.


AUCTION LOCATION:
At the North Webster Community Center on SR 13, just north of the stoplight in North Webster. Enter on the east side.

PROPERTY DESCRIPTION:

Call the Sale Manager for private inspections
TRACT 1: 27 acres, potential building site, great investment property. All tillable productive farmland with approximately 200ft of road frontage on Hatchery Road.
TRACT 2: 20.5 acres, excellent potential building site. All tillable with approximately 330ft of frontage on Hatchery Road.
TRACT 3: 3.5 acres, potential hill top building site with approximately 200ft of frontage on Hatchery Road.
TRACT 4: 6.5 acres, all wooded. Great for hunting or potential building site, approximately 250ft of frontage on CR 900 N.
TRACT 5: 6.5 acres all wooded. Hunting and wildlife. Excellent potential building site near Tri-County Game preserve. Approximately 250ft of frontage on CR 900 N.
Combine tracts 4 & 5 for 13 wooded acres!
Bid your price on your choice of tracts, any combination of tracts, or on the entire property.
AUCTION TERMS & CONDITIONS:

PROCEDURE: Tracts 1-5 will be offered in individual tracts. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.
DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.
DEED: Seller will provide a warranty deed.
EVIDENCE OF TITLE: Seller will provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place 15 days after proof of merchantable title.
POSSESSION: At closing on non-tillable land, after harvest on tillable land.
REAL ESTATE TAXES: The Seller shall pay the 2008 real estate taxes, due in 2009. The Buyer shall pay all taxes thereafter.
DITCH ASSESSMENTS: The buyer shall pay the 2010 ditch assessments due in May.
SURVEY: The Seller shall determine any need for a new survey. Any new survey provided shall be for the perimeter only, when tracts are combined. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres, except on tracts of 13 acres or less or a combination of tracts totaling 13 acres or less (tracts or combinations of tracts). The survey costs shall be shared 50:50 between Buyer(s) and Seller.
EASEMENTS: The sale of the property is subject to any and all easements of record.
DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. 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 Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents. Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.

© 2010 Schrader Real Estate & Auction Co. of Fort Wayne, Inc.