Dierckman Real Estate Auction
Listing ID#: 1708954
Auction Location |
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Falmouth, IN 46127 Full Address Available on Friday, Mar 28 |
Auction Dates and Times |
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Saturday Mar 29, |
Auction Type |
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Company Information |
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White's Auctions est. 1922 Website: www.whiteswebsite.com GoToAuction.com ID#: 4845 View company information and listings |
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Listing Terms and Conditions |
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Real Estate Information Sheet for the
Real Estate Public Auction of
104 -Acre Rush County Farm
66 Tillable Acres � 38 Acres Recreational & Building Parcels
Offered in 5 Parcels
11 Miles Northeast of Rushville, IN
8 Miles Northwest of Glenwood, IN
3 � Miles West of Falmouth, IN
Parcels have Frontage on CR 550N or 450E, Rush County, IN
Located in Section 1 (T14N, 10E), in Union Township � Rush Co., IN
Offered in 5 Parcels � from 8 to 37 Acres Each
Auction will be held on location at Falmouth Farm Supply
4378 N Co Rd 850 W, Falmouth, IN
Saturday, March 29 - 2025 11:00 AM
County Government Information:
* All tracts are in the A-3 (Agriculture) zoning designation. The Rush County Area Planning Commission must approve any further division of these parcels. All parcels are subject to the regulations of the Rush County Area Planning Commission, located at 101 East Second Street, Room 211, Rushville, IN 46173. Executive Director: Mike Holzback Tele # 765-932-3090. (planningdirector@rushcounty.in.gov)
* Any new driveway must obtain permission from the Rush County Highway
Department. To inquire as to the possibilities of entrances, contact the Rush County
Highway, at 1352 East State Road 44, Rushville, IN 765-932-2926.
Jerry Sitton � Highway Superintendent.
* Any new homes built on these properties will need septic approval from the Rush County Health Department, located at 101 East Second Street Rushville, Indiana. Health Officer � Dr. Russell Daugherty. Tele # 765-932-3103 or 765-932-2216
* All tracts are in the Rush County School District at 330 West 8th Street, Rushville IN 46173. Tele # 765-932-4186.
* Property has a Falmouth, Indiana (46127) mailing address or a Rushville, Indiana
Address (46173).
Property Information:
* No Percolation Tests have been done on any of the vacant parcels. Any potential buyer
may have these tests done at their own expense prior to the day of sale if they so choose.
* No Appraisal has been done on any of the individual parcels offered in this auction. Any potential buyer may have these appraisals done at their own expense prior to the day of sale if they feel the need for such appraisals.
* No municipal sewer, gas or water is currently available in this area.
* Rush Shelby REMC provides electric service in this area. Main office location is at 2777 South 840 West, Manilla, IN 46150.To inquire about electric service, contact them at 1-800-706-7362 or 765-544-2600.
* Any existing easements will remain in with the property.
* As part of the Restrictive Covenants to protect existing and future neighbors, No Mobile Homes will be allowed on any of these parcels. Also, all dwellings on any of these parcels must contain a minimum of 1500 square feet of living area.
* At the time of sale, the buyer of adjoining tracts will have the right to request the adjoining tracts to be transferred as one parcel (with one legal description) or as multiple tracts as offered during the auction.
* Tract 3 hunting rights are leased until September 1st, 2025. The hunting rights lease will transfer and continue through September 1st, 2025.
Tract # 1 � Approximately 7.92 acres of vacant land) with 446� of frontage along CR 500N.This tract has a 2.5-acre buildable vacant Tillable area & some wooded Recreational land.
Tract # 2 � Approximately 11.89 acres of vacant land (w/ 290� of frontage along CR 500N. This parcel is approximately 80% tillable with 9.1 acres Buildable and a small area of Recreational land.
Tract # 3 � Approximately 37.47 acres of vacant land w/ frontage along the West side of CR 450E
(both North & South of Shawnee Creek). There is a .7-acre Buildable area North of
Shawnee Creek w/ the balance being mostly wooded & Flood plain area along both sides of
Shawnee Creek. There is a land conservation easement for approximately 33.16 acres of
wooded area along Shawnee Creek. The new owner will receive a $ 1,000.00 per acre credit from the buyer for this land trust agreement. It does not alter the recreational use of the property, but mainly stipulates that no future building is to be allowed in the easement area. (The easement area is mostly in flood plain and not suitable for a building permit by the Rush County Area Planning Commission (with or without this easement agreement).
Tract # 4 � Approximately 28.42 acres of vacant land nearly all tillable This parcel has 160� of
frontage along the West side of CR450E. This Tract is not subject to the land conservation easement associated with Tract 3.
Tract # 5 � Approximately 18.6 acres (mostly tillable land) w/ 50� for frontage along the West
side of CR 450E. This Tract is not subject to the land conservation easement associated with
Tract 3.
The buyers will agree and acknowledge:
To accept the property �AS-IS� in the condition that it exists on the day of sale. As was customary several years ago, ravines were used as dumps for agricultural items used on the farms. This practice may have been used on this farm. We are unaware of any such items being on the property, but it is the potential buyer�s responsibility to inspect the property prior to the auction. The auction company wants all prospective buyers to know that if any such items are left on any of the tracts, (whatever and wherever they may be), the buyer will accept them without question or recourse.
Real Estate Taxes due in the spring and fall of 2025 are to be paid by the seller, the buyer will assume and agree to pay the taxes due in the spring of 2026 and all taxes thereafter.
To purchase the sale acreage as an estimated acreage and agree to pay the purchase
price per acre multiplied by the final survey acreage to determine the final sales
price.
This sale is not contingent upon any appraisals or subject to approval of any type
of financing. The buyer will agree to purchase the real estate as is and if in any
event chooses not to close this real estate transaction; they will forfeit the down
payment to the sellers.
Seller will transfer title with a warranty deed. Any OWNERS TITLE
INSURANCE POLICY necessary will be the financial responsibility of the buyer.
Payment on all tracts will be made as follows: 10% of the estimated final sales
price down on the day of sale, and the balance within 45 days. Early possession
for the purpose of preparing & planting a row crop for the 2025 season will be
given to the prospective buyer with an additional 15% downpayment (for the
tillable acreage).
The $ 1,000.00 per acre easement credit will be given to the buyer of tract # 3 at closing.
Real Estate closings will be handled by SE IN Title Inc., 1048 SR 46 E,
Batesville, IN. 47006. Doug Amberger Attorney, 812-934-3208
9) Survey parcel division expense will be paid by the seller and completed by Andy
Murray of Meyer & Murray Land Surveyors located at 420 Court Street,
Brookville, IN 47012. Telephone 765-647-4725.
Seller may intend for this transaction to qualify for a 1031 tax deferred
exchange. and Buyers will agree to make any & all reasonable accommodations
relating to this tax deferment process.
PARCELS WILL NOT BE COMBINED AND OFFERED AS A WHOLE
If the buyer wishes to purchase the entire property, they must begin bidding when
first parcel is offered.
Order of Auction:
A) All Tracts will be auctioned by the acre (downpayment will be determined as an estimate based on the estimated acreage - final sales price will be determined by the final survey acreage multiplied by the per acre price received on the day of sale).
The high bidder will have the option of taking his or her choice of any of these tracts (or any combination of these tracts). The bid price per acre will be multiplied by the estimated acreage of the total of all tracts taken to determine the estimated sales price. NOTE: If the high bidder selects only one or two of these tracts, the remaining tracts will be offered in the same manner.
This process will continue until all tracts have been taken.
B) After all tracts have been offered, the owner will confirm (or reject) the sale of the property.
Kenneth & Jill Dierckman� OWNER
Cooperating Broker - United Real Estate
Kenny Aulbach � 317-509-3420
DAVE WHITE Brookville, In. 765-265-3883 - AUCTIONEER (In, AUO1015949, Oh, 57199772539, Ky. RP 07139) - & REAL ESTATE BROKER (In. IB51239082, & Oh, 20040001184)
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Listing Information |
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Public Auction � Vacant Land
Prime Tillable Land & Wooded Land
104 -Acre Rush County Farm
66 Tillable Acres � 38 Acres Recreational & Building Parcels
Offered in 5 Parcels
11 Miles Northeast of Rushville, IN
8 Miles Northwest of Glenwood, IN
31/2 Miles West of Falmouth, IN
Parcels have Frontage on CR 550N or 450E, Rush County, IN
Approx Address: 4754 E 550 N Rushville, IN 46173
Located in Section 1 (T14N, 10E), in Union Township � Rush Co., IN
Offered in 5 Parcels � from 8 to 37 Acres Each
Auction will be held on location at Falmouth Farm Supply
4378 N Co Road 850 W , Falmouth, IN
Saturday, March 29 - 2025 11:00 AM
Farmland - 2 Northern Tracts are generally all to mostly tillable, Buildable & Recreational Land - Tract 3 (along CR 450E) has a buildable residential area and a larger wooded recreational area including a large portion of Shawnee Creek. 2 smaller parcels (along CR 500N) are both buildable parcels and have both tillable & wooded land also with access to Shawnee Creek.
All land is vacant � Call Kenny Aulbach 317-509-3420
THIS PROPERTY HAS SOMETHING FOR EVERYONE - TILLABLE LAND � RECREATIONAL WOODED LAND & COUNTRY BUILDING SITES
COME OUT & TAKE A LOOK!
Kenneth & Jill Dierckman� OWNER
Call Dave White for more information - 765-265-3883
Cooperating Broker - United Real Estate � Kenny Aulbach
1 Tract 1 - Approximately 7.92 acres of vacant land Tract # 1 Approximately 7.92 acres of vacant land with 446' of frontage along CR 500N.This tract has a 2.5-acre buildable vacant Tillable area & some wooded Recreational land. 2 Tract 2 Approximately 11.89 acres of vacant land Tract # 2 Approximately 11.89 acres of vacant land w/ 290' of frontage along CR 500N. This parcel is approximately 80% tillable with 9.1 acres Buildable and a small area of Recreational land. 3 Tract 3 Approximately 37.47 acres of vacant land Tract # 3 Approximately 37.47 acres of vacant land with frontage along the West side of CR 450E (both North & South of Shawnee Creek). There is a .7-acre Buildable area North of Shawnee Creek with the balance being mostly wooded & Flood plain area ... 4 Tract 4 Approximately 28.42 acres of vacant land Tract # 4 Approximately 28.42 acres of vacant land nearly all tillable This parcel has 160' of frontage along the West side of CR450E. This Tract is not subject to the land conservation easement associated with Tract 3. 5 Tract 5 - Approximately 18.6 acres of vacant land Tract # 5 Approximately 18.6 acres (mostly tillable land) w/ 50' for frontage along the West side of CR 450E. This Tract is not subject to the land conservation easement associated with Tract 3. |
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