THIS IS A COMPLETED SALE
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180+ACRES ~4 Tracts~ ONLINE BIDDING ~ Dec 6
Previous Page Listing ID#: 1345106
Auction Location |
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Oaktown, IN 47561 |
Auction Dates and Times |
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Bidding Starts: Monday Dec 6 Bidding Ends: Monday Dec 6 |
Auction Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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Graber Auctions Website: www.graberauctions.com GoToAuction.com ID#: 4157 View company information and listings |
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Listing Terms and Conditions |
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180 acres in 4 Tracts (Wooded & Tillable) will be offered via ONLINE AUCTION with bidding ending on Monday, Dec 6, 2021 at 12:00 PM (noon) with a soft close. NOTE: Bids submitted within the last minute will extend the close time another 2 minutes. (Soft Close) This helps ensure that the backup-bidder will have the opportunity to place another bid if desired.
REAL ESTATE TERMS: A 10%. Down payment per tract will be required within 2 days after acceptance of final bid via check, cashier's check or traceable payment to Graber Auctions and will be held in the Escrow Account until closing. (The down payment will be applied to the purchase price at closing). The Balance of the sale is due within 21 days (at closing). The successful bidder(s) will be required to sign a Purchase Agreement upon acceptance of final bid and the 2% Buyers Premium will be due at that time and can be made by cash or check.
(The Seller has the right to accept or reject the highest bid on each Tract. Confirmation will be given to the highest bidder of each Tract by the following day at 3:00pm).
YOU'RE BIDDING IS NOT CONDITIONAL UPON FINANCING: This Property is not being offered subject to financing, be sure you have arranged financing if needed before the auction closes. (A Pre-approved letter from your finance company is helpful) The closing will be in approx. 2 or 3 weeks following the auction. (The closing will be done by the end of the year).
ACCEPTANCE OF BID PRICES: The successful bidder will be required to sign a Purchase Agreement upon acceptance of final bid. (The final bid is subject to the Sellers acceptance or rejection).
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide Warranty Deed(s).
CLOSING: The balance of the purchase price is due at closing, which will take place within 21 days after the auction, or as soon thereafter as applicable closing documents are completed by the Seller. Costs for an administered closing fee shall be shared 50/50 between Buyer(s) and Seller(s).
POSSESSION: Possession will be given at closing.
REAL ESTATE TAXES: Real Estate taxes shall be prorated to the date of closing.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property.
SURVEY: The cost of the survey, if needed, will be the responsibility of the buyer.
DISCLAIMER AND ABSENCE OF WARRANTIES: The property is being sold on an AS IS, WHERE IS basis, and no warranty expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, and inquiries concerning the property. Conduct of the auction and increments of bidding are at the direction of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's 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.
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Listing Information |
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This is an online auction with bidding ending on Monday, Dec 6, 2021 at 12PM (noon) with a soft close. NOTE: Bids submitted within the last minute will extend the close time another 2 minutes. (Soft Close) This helps ensure that the backup-bidder will have the opportunity to place another bid if desired.
WOODED & TILLABLE ACRES
180+acres to be offered at auction on MONDAY, DEC 6 2021, at 12:00 P.M. in 4 tracts.
DIRECTIONS:
TRACT 1. (80 acres) [Knox County]
N Newell Rd
Oaktown, IN 47561
Parcel #: 42-04-10-200-002.000-021
TRACT 2. (71.97 ac) [Knox County]
N Wolf Hill Rd
Oaktown, IN 47561
Parcel #: 42-06-11-300-002.000-001
TRACT 3. (26.88 ac) [Sullivan Co.]
Co Rd 1100 S,
Carlisle, IN 47838
Parcel #: 77-14-34-000-004.000-009
TRACT 4. (5.22 ac) [Sullivan Co.]
Co Rd 300 E,
Carlisle, IN 47838
Parcel #: 77-14-36-000-012.000-009
Please watch for real estate signs.
Summary REAL ESTATE TERMS: A 10%. Down payment per tract will be required within 2 days after acceptance of final bid via check, cashier's check or traceable payment to Graber Auctions and will be held in the Escrow Account until closing. (The down payment will be applied to the purchase price at closing). The Balance of the sale is due within 21 days (at closing). The successful bidder(s) will be required to sign a Purchase Agreement upon acceptance of final bid and the 2% Buyers Premium will be due at that time and can be made by cash or check.
(The Seller has the right to accept or reject the highest bid on each Tract. Confirmation will be given to the highest bidder of each Tract by the following day at 3:00pm).
YOU'RE BIDDING IS NOT CONDITIONAL UPON FINANCING: This Property is not being offered subject to financing, be sure you have arranged financing if needed before the auction closes. (A Pre-approved letter from your finance company is helpful) The closing will be in approx. 2 or 3 weeks following the auction. (The closing will be done by the end of the year).
Again if you have any questions please contact MARK GRABER directly at 812-486-8927
1 TRACT 1: 80± Acres [Knox County] Location: N Newell Road, Oaktown, IN 47561 - 37.7 TILLABLE ACRES. Mineral Rights are included. Parcel #: 42-04-10-200-002.000-021 Legal Description: Pt W 1/2 NW 1/4 10-5-9 2 TRACT 2: 71.97± Acres [Knox County] 56.95 TILLABLE ACRES. Mineral Rights included. Location: N Wolf Hill Road, Oaktown, IN 47561 Parcel #:42-06-11-300-002.000-001 Legal Description: NW 1/4 SE 1/4 11-4-10 71.97 A 3 TRACT 3: 26.88± Acres [Sullivan County] This tract is mostly wooded acres. Mineral Rights are included. Location: Co Rd 1100 S, Carlisle, IN 47838 Parcel #: 77-14-34-000-004.000-009 Legal Description: PT W 1/2 NE 26.88 ACRES 34-6- 4 TRACT 4: 5.22± Acres [Sullivan County] Location: Co Rd 300 E, Carlisle, IN 47838. Mineral rights are included. Parcel #: 77-14-36-000-012.000-009 Legal Description: IN SE COR NE 2.72 ACRES, SE COR NE 2.50 ACRES 36-6-9 TOTAL ACRES 5.22 |
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