Warren Co. IN Land AuctionSaturday, November 1, 2014 10AM EasternLand location 6.5 Miles North of Warren & Vermillion County IN line on Route 63 to Rd. 650 S-West .5 mile on Rd 650 S106+/- Ac., 60.06+/- Currently Tillable, Additional 31+/- Ac. Possible.Auction will be conducted at Vickerys Hilltop Restaurant1120 Liberty St. Covington, IN 47932Tract 1- 64.7+/- Acres, 60.06+/- TillableLocation: 6.5 mi North of Warren & Vermillion County line on Route 63 to Rd. 650 S- West .5 mile on Rd 650 SBrief Legal: Land in SW 1/4, SE 1/4 sec 28, Land in W 1/2, NE 1/4 sec 33. Steuben Twp. Warren Co, IN T21N, R9WSoils: Cadiz 38.66 AC 64.4%; Blount 12.92 AC, 21.5%; Cyclone 4.77 AC 7.9%; Small amounts of Morley & DrummerAccess: Direct frontage access to Rd 650 SFSA Info: Wheat 14.7 base Ac., yield 45; corn 33.3 base Ac., yield 114; 48 total base Acres, total payment $1,196.00Tract 2- 41.3+/- Acres, 30.4 CRP, other WoodedBuyer to keep CRP intact or pay all penalties & interest. If buyer removes from CRP contract to put the 30.4 acres back into production soon their cost will be approximately $7,500.00Location: 6.5 mi North of Warren & Vermillion County line on Route 63 to Rd. 650 S- West .5 mile on Rd 650 SBrief Legal: Land in SW 1/4, SE 1/4 sec 28, Land in W 1/2, NE 1/4 sec 33 Steuben Twp. Warren Co, IN T21N, R9WSoils: Cadiz 20.27 Ac, 44.3%; Morley 13.24 Ac, 28.9%; Cyclone 10.12 Ac, 22.1%; small amounts of Blout, Comfrey, MorleyAccess: If sold seperate buyer of Tract 2 will own 25 ft. wide for direct access along fence lines & along wooded. If sold seperate, survey will be nessesary, exact acerages will be determinedFSA Info: 30.4 Acres in CRP. Payment per acre $192.64 total annual payment $5,856.00 Contract started 10/1/13; ends 9/30/23R. E. Taxes: Total $1,565.52 for all, seller to pay prorated taxed to date of closing buyer thereafterMineral Rights: Buyer to receive sellers mineral interest.Farm Rights:Current tennant to complete 2014 harvest, buyer to have 2015 farm rights. Seller to notify current tenant by registered mail. Seller to retain 2014 income.Possession: Tract 1 Tillable upon harvest of current crop following closing. Tract 2- date of closing.Survey: Buyer(s) to pay any survey cost. Any acreage difference discovered in survey will be reflected in price adjustment based upon original bid price per acre & original buyer's premium per acre.Terms: 10% down day of sale non-refundable escrow. 6% Buyer's Premium. Closing to occur as soon as necessary documents are prepared. Have financial arrangements made prior to sale. All information provided is from sources deemed reliable however not guaranteed. Parties relying on such are urged to perform due diligence and base their decisions upon that information. Being sold subject to owner approval.Online bidding available-contact minimum 3 days prior- Gregg Parrott 618-843-4905
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