REAL ESTATE AUCTION 126.4 ACRES

Rare opportunity to purchase farmland in St. Leon, IN

Offered by Cornerstone Realty, Inc. / Lutz Auction Service LLC

29486 Central Dr. St. Leon, IN 47012

Thursday April 30, 2020 at 6:00 p.m.

The Auction is held at Lutz Auction Center 25980 Auction Ln. Guilford, IN 47022

To help us practice social distancing we are asking that only bidders attend.

Call to arrange a showing.

This property will be offered in 4 tracts.

Tract 1: Located at 29486 Central Drive - 2 acre well maintained farmstead with several outbuildings with a 6 room aluminum sided farmhouse with central heat and air, connected to city sewer. Possession at closing.

Tract 2: Located at 29846 Central Drive -77.9 acres with nearly 70 acres tillable, balance in woods. Farming rights upon signed purchase agreement and receipt of down payment.      

Tract 3: Located at intersection of Old Hickory Rd. and Central Drive- 30.9 acres with road frontage on 3 roads with sewer and city water on Old Hickory Rd. Farming rights upon signed purchase agreement and receipt of down payment. 

Tract 4: Located on Central Drive between Old Hickory Rd and Post 464 Road - 15.6 acres with road frontage with sewer. Farming rights upon signed purchase agreement and receipt of down payment. 

Terms: Tract 1 and 2 will be offered separately and then as a whole. Tract 3 and 4 will be offered separately and then as a whole. The successful bidder will give 10% non-refundable down payment made payable to Cornerstone Realty Inc. Trust acct., sign a sales agreement and close on or before 60 days. There are no contingencies, have financing arranged before the auction. Final bid is subject to owner’s approval.

Gerilyn Chaffee, Carol Geier, Marilyn Mathioudakis, Dale Wuestefeld & Donald Wuestefeld – Owner

Dale and Randy Lutz – Auctioneers

513-266-1859 / 513-266-1860

Log onto lutzauctions.com for more information and pictures. 

Announcements made day of auction take precedent over printed material.