Hayden & Elizabeth King Rev Trust
Previous Page Listing ID#: 91027

Auction Location

Carthage, IN 46115
Auction Dates and TimesSALE IS COMPLETED
Tuesday Oct 30, 2018 Completed
Auction Type
 Live Auction with Online Bidding 
Company Information
Harmeyer Auction & Appraisal Co.

Contact: Russell (Rusty) Harmeyer
Phone: 765-561-1671
Email: harmeyerauction@gmail.com
Website: harmeyerauction.net

GoToAuction.com ID#: 1961
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Listing Terms and Conditions
METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer this property at public auction on October 30, 2018. At 6:30 PM, 181.53acres, more or less, will be sold at the Carthage Community Church, Carthage, IN. This property will be offered in three tracts as individual units, in combination or as a whole farm. Each bid shall constitute an offer to purchase and the final bid, if accepted by the Sellers, shall constitute a binding contract between the Buyer(s) and the Sellers. The auctioneer will settle any disputes as to bids and his decision will be final. To place a confidential phone, mail or wire bid, please contact Rusty Harmeyer at 765-570-8118 at least two days prior to the sale. ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos. SURVEY: The Sellers reserve the right to determine the need for and type of survey provided. If an existing legal description is adequate for title insurance for the tract, no new survey will be completed. If the existing legal description is not sufficient to obtain title insurance, a survey will be completed, the cost of which will be shared 50/50 by the Sellers and the Buyer(s). The Sellers will choose the type of survey to be completed and warrant that it will be sufficient to provide an owner’s title insurance policy for the tract. If a survey is completed, the purchase price for the surveyed tract will be adjusted, up or down, to the exact surveyed acres. The price per acre will be the auction price bid for the tract, divided by the tract acreage estimated in the auction brochure. FARM INCOME: Seller will retain the 2018 farm income. DOWN PAYMENT: 10% of the accepted bid down on the day of the auction with the balance due at closing. The down payment must be in the form of personal check, cashier’s check, cash or corporate check. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. BE SURE YOU HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE OF PAYING CASH AT CLOSING. APPROVAL OF BIDS: The Sellers reserve the right to accept or reject any and all bids. All successful bidders must enter into a purchase agreement the day of the auction, immediately following the conclusion of the bidding. Successful bidders must execute purchase agreements on tracts exactly as they have been bid. DEED: The Sellers will provide the appropriate Deed at closing. EVIDENCE OF TITLE: The Sellers will provide an Owner’s Title Insurance Policy to the Buyer(s). Each Buyer is responsible for a Lender’s Policy, if needed. If the title is not marketable, then the purchase agreement(s) are null and void prior to the closing, and the Broker will return the Buyer’s earnest money. CONSERVATION RESERVE PROGRAM: CRP payments will be prorated to the day of deed recording by Rush County FSA, using the fiscal year of October 1 to September 30. The Buyer(s) will receive all responsibility for the maintenance of the CRP land in the future. If the Buyer(s) remove any acres from the CRP contract, that Buyer is solely responsible for repayment of all received payments, interest and penalties. CLOSING: The closing shall be on or before December 28, 2018. The Sellers have the choice to extend this date if necessary. POSSESSION: Possession of land will be at closing, subject to the tenant’s rights. Possession of the grain bins will be June 1, 2019. REAL ESTATE TAXES: The Sellers will pay real estate taxes for 2018 due 2019. Buyer will be given a credit at closing for the 2018 real estate taxes due 2019 and will pay all taxes beginning with the spring 2019 installment and all taxes thereafter. DITCH ASSESSMENTS: Buyer(s) will pay the 2019 ditch assessment and all assessments thereafter. MINERAL RIGHTS: All mineral rights owned by the Sellers will be conveyed to the Buyer(s). PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigation, inquiries and due diligence concerning the property. Further, Sellers disclaim any and all responsibility for bidder’s safety during any physical inspections of the property. No party shall be deemed to be invited to the property by HRES or the Sellers. AGENCY: Halderman Real Estate Services Inc., Russell D. Harmeyer, Auctioneer, and their representatives, are exclusive agents of the Sellers. DISCLAIMER: All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the purchase agreement. This information is subject to verification by all parties relying upon it. No liability for its accuracy, errors or omissions is assumed by the Sellers or HRES. All sketches and dimensions in this brochure are approximate. ANNOUNCEMENTS MADE BY HRES AND/OR THEIR AUCTIONEER AT THE AUCTION DURING THE TIME OF THE SALE TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIALS OR ANY OTHER ORAL STATEMENTS MADE. 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 Sellers or HRES. Each prospective bidder is responsible for conducting his/her independent inspections, investigations, inquiries and due diligence concerning the property. Except for any express warranties set forth in the sale documents, Buyer(s) accepts the property “AS IS,” and Buyer(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Sellers and HRES make no warranty or representation, express or implied or arising by operation of law, including any warranty for merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall the Sellers or HRES be liable for any consequential damages. Conduction of the auction and increments of bidding are at the direction and discretion of HRES and/or the auctioneer. The Sellers and HRES 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 HRES and/or the auctioneer are final.
Listing Information

Total Acres 181.53

Tillable Acres 178.670

Wooded Acres 1.630

Other Acres 1.230

Other Acres Notes Buildings & Bins

Tracts 3

Type Of Sale Auction

Location Center Township, Rush County, IN

Owner Hayden & Elizabeth King Rev Trust

Benefits Mostly All Tillable, Excellent Soils, Patterned Tiled & Outbuildings

Status New

HLS Number RDH-12207

Auction Date October 30, 2018

Auction Time 6:30 PM EST

Auction Location Carthage Community Church
411 E 2nd St, Carthage IN 46115

 

Real Estate Agent, Auctioneer, Certified Appraiser

Michael Bonnell

Phone 812-343-6036 Email michaelb@halderman.com

 

Farm Manager, Real Estate Agent, Certified Appraiser

David Bonnell

Phone 812-343-4313 Email daveb@halderman.com

 

Real Estate Agent, Auctioneer

Rusty Harmeyer

Phone 765-570-8118 Email rustyh@halderman.com

 

 

Open Houses

Date October 02, 2018

Time 4:00 PM EST

 

Farm Name Hayden & Elizabeth King Rev Trust

Type of Operation Farm

Current Zoning Agricultural_a2

School System Rush Co. Schools

Annual Taxes 4,101 - estimated

Topography Level

Soil Treaty silty clay loam; Crosby wilt loam; Miamian silt loam; Patton silty clay loam

Property Address 1455 W 1100 N, Knightstown, IN 46148

Region IN

General Location 11 miles northwest of Rushville at intersection of 110N. & 100 W.

Legal Description Rush County parcel #70-02-12-200-001.000-002, 70-02-12-200-002.000-002, 70-03-07-100-001.000-002.

 

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Hayden & Elizabeth King Rev Trust

Harmeyer Auction & Appraisal Co.

Harmeyer Auction & Appraisal Co.


Contact: Russell (Rusty) Harmeyer
Phone: 765-561-1671
Sale Location
411 E 2nd Street
Carthage, IN 46115
Sale Dates and Times
Tuesday Oct 30, 2018 Completed
Sale Terms and Conditions
METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer this property at public auction on October 30, 2018. At 6:30 PM, 181.53acres, more or less, will be sold at the Carthage Community Church, Carthage, IN. This property will be offered in three tracts as individual units, in combination or as a whole farm. Each bid shall constitute an offer to purchase and the final bid, if accepted by the Sellers, shall constitute a binding contract between the Buyer(s) and the Sellers. The auctioneer will settle any disputes as to bids and his decision will be final. To place a confidential phone, mail or wire bid, please contact Rusty Harmeyer at 765-570-8118 at least two days prior to the sale. ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos. SURVEY: The Sellers reserve the right to determine the need for and type of survey provided. If an existing legal description is adequate for title insurance for the tract, no new survey will be completed. If the existing legal description is not sufficient to obtain title insurance, a survey will be completed, the cost of which will be shared 50/50 by the Sellers and the Buyer(s). The Sellers will choose the type of survey to be completed and warrant that it will be sufficient to provide an owner’s title insurance policy for the tract. If a survey is completed, the purchase price for the surveyed tract will be adjusted, up or down, to the exact surveyed acres. The price per acre will be the auction price bid for the tract, divided by the tract acreage estimated in the auction brochure. FARM INCOME: Seller will retain the 2018 farm income. DOWN PAYMENT: 10% of the accepted bid down on the day of the auction with the balance due at closing. The down payment must be in the form of personal check, cashier’s check, cash or corporate check. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. BE SURE YOU HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE OF PAYING CASH AT CLOSING. APPROVAL OF BIDS: The Sellers reserve the right to accept or reject any and all bids. All successful bidders must enter into a purchase agreement the day of the auction, immediately following the conclusion of the bidding. Successful bidders must execute purchase agreements on tracts exactly as they have been bid. DEED: The Sellers will provide the appropriate Deed at closing. EVIDENCE OF TITLE: The Sellers will provide an Owner’s Title Insurance Policy to the Buyer(s). Each Buyer is responsible for a Lender’s Policy, if needed. If the title is not marketable, then the purchase agreement(s) are null and void prior to the closing, and the Broker will return the Buyer’s earnest money. CONSERVATION RESERVE PROGRAM: CRP payments will be prorated to the day of deed recording by Rush County FSA, using the fiscal year of October 1 to September 30. The Buyer(s) will receive all responsibility for the maintenance of the CRP land in the future. If the Buyer(s) remove any acres from the CRP contract, that Buyer is solely responsible for repayment of all received payments, interest and penalties. CLOSING: The closing shall be on or before December 28, 2018. The Sellers have the choice to extend this date if necessary. POSSESSION: Possession of land will be at closing, subject to the tenant’s rights. Possession of the grain bins will be June 1, 2019. REAL ESTATE TAXES: The Sellers will pay real estate taxes for 2018 due 2019. Buyer will be given a credit at closing for the 2018 real estate taxes due 2019 and will pay all taxes beginning with the spring 2019 installment and all taxes thereafter. DITCH ASSESSMENTS: Buyer(s) will pay the 2019 ditch assessment and all assessments thereafter. MINERAL RIGHTS: All mineral rights owned by the Sellers will be conveyed to the Buyer(s). PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigation, inquiries and due diligence concerning the property. Further, Sellers disclaim any and all responsibility for bidder’s safety during any physical inspections of the property. No party shall be deemed to be invited to the property by HRES or the Sellers. AGENCY: Halderman Real Estate Services Inc., Russell D. Harmeyer, Auctioneer, and their representatives, are exclusive agents of the Sellers. DISCLAIMER: All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the purchase agreement. This information is subject to verification by all parties relying upon it. No liability for its accuracy, errors or omissions is assumed by the Sellers or HRES. All sketches and dimensions in this brochure are approximate. ANNOUNCEMENTS MADE BY HRES AND/OR THEIR AUCTIONEER AT THE AUCTION DURING THE TIME OF THE SALE TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIALS OR ANY OTHER ORAL STATEMENTS MADE. 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 Sellers or HRES. Each prospective bidder is responsible for conducting his/her independent inspections, investigations, inquiries and due diligence concerning the property. Except for any express warranties set forth in the sale documents, Buyer(s) accepts the property “AS IS,” and Buyer(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Sellers and HRES make no warranty or representation, express or implied or arising by operation of law, including any warranty for merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall the Sellers or HRES be liable for any consequential damages. Conduction of the auction and increments of bidding are at the direction and discretion of HRES and/or the auctioneer. The Sellers and HRES 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 HRES and/or the auctioneer are final.
Listing Details

Total Acres 181.53

Tillable Acres 178.670

Wooded Acres 1.630

Other Acres 1.230

Other Acres Notes Buildings & Bins

Tracts 3

Type Of Sale Auction

Location Center Township, Rush County, IN

Owner Hayden & Elizabeth King Rev Trust

Benefits Mostly All Tillable, Excellent Soils, Patterned Tiled & Outbuildings

Status New

HLS Number RDH-12207

Auction Date October 30, 2018

Auction Time 6:30 PM EST

Auction Location Carthage Community Church
411 E 2nd St, Carthage IN 46115

 

Real Estate Agent, Auctioneer, Certified Appraiser

Michael Bonnell

Phone 812-343-6036 Email michaelb@halderman.com

 

Farm Manager, Real Estate Agent, Certified Appraiser

David Bonnell

Phone 812-343-4313 Email daveb@halderman.com

 

Real Estate Agent, Auctioneer

Rusty Harmeyer

Phone 765-570-8118 Email rustyh@halderman.com

 

 

Open Houses

Date October 02, 2018

Time 4:00 PM EST

 

Farm Name Hayden & Elizabeth King Rev Trust

Type of Operation Farm

Current Zoning Agricultural_a2

School System Rush Co. Schools

Annual Taxes 4,101 - estimated

Topography Level

Soil Treaty silty clay loam; Crosby wilt loam; Miamian silt loam; Patton silty clay loam

Property Address 1455 W 1100 N, Knightstown, IN 46148

Region IN

General Location 11 miles northwest of Rushville at intersection of 110N. & 100 W.

Legal Description Rush County parcel #70-02-12-200-001.000-002, 70-02-12-200-002.000-002, 70-03-07-100-001.000-002.

 

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Hayden & Elizabeth King Rev Trust
 Live Auction w/Online Bidding
 
Auction Date(s)
Tuesday Oct 30, 2018 Completed
Auction Location

Carthage, IN 46115
Company
Harmeyer Auction & Appraisal Co.

Contact: Russell (Rusty) Harmeyer
Phone: 765-561-1671
Website: harmeyerauction.net

Listing Terms and Conditions
METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer this property at public auction on October 30, 2018. At 6:30 PM, 181.53acres, more or less, will be sold at the Carthage Community Church, Carthage, IN. This property will be offered in three tracts as individual units, in combination or as a whole farm. Each bid shall constitute an offer to purchase and the final bid, if accepted by the Sellers, shall constitute a binding contract between the Buyer(s) and the Sellers. The auctioneer will settle any disputes as to bids and his decision will be final. To place a confidential phone, mail or wire bid, please contact Rusty Harmeyer at 765-570-8118 at least two days prior to the sale. ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos. SURVEY: The Sellers reserve the right to determine the need for and type of survey provided. If an existing legal description is adequate for title insurance for the tract, no new survey will be completed. If the existing legal description is not sufficient to obtain title insurance, a survey will be completed, the cost of which will be shared 50/50 by the Sellers and the Buyer(s). The Sellers will choose the type of survey to be completed and warrant that it will be sufficient to provide an owner’s title insurance policy for the tract. If a survey is completed, the purchase price for the surveyed tract will be adjusted, up or down, to the exact surveyed acres. The price per acre will be the auction price bid for the tract, divided by the tract acreage estimated in the auction brochure. FARM INCOME: Seller will retain the 2018 farm income. DOWN PAYMENT: 10% of the accepted bid down on the day of the auction with the balance due at closing. The down payment must be in the form of personal check, cashier’s check, cash or corporate check. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. BE SURE YOU HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE OF PAYING CASH AT CLOSING. APPROVAL OF BIDS: The Sellers reserve the right to accept or reject any and all bids. All successful bidders must enter into a purchase agreement the day of the auction, immediately following the conclusion of the bidding. Successful bidders must execute purchase agreements on tracts exactly as they have been bid. DEED: The Sellers will provide the appropriate Deed at closing. EVIDENCE OF TITLE: The Sellers will provide an Owner’s Title Insurance Policy to the Buyer(s). Each Buyer is responsible for a Lender’s Policy, if needed. If the title is not marketable, then the purchase agreement(s) are null and void prior to the closing, and the Broker will return the Buyer’s earnest money. CONSERVATION RESERVE PROGRAM: CRP payments will be prorated to the day of deed recording by Rush County FSA, using the fiscal year of October 1 to September 30. The Buyer(s) will receive all responsibility for the maintenance of the CRP land in the future. If the Buyer(s) remove any acres from the CRP contract, that Buyer is solely responsible for repayment of all received payments, interest and penalties. CLOSING: The closing shall be on or before December 28, 2018. The Sellers have the choice to extend this date if necessary. POSSESSION: Possession of land will be at closing, subject to the tenant’s rights. Possession of the grain bins will be June 1, 2019. REAL ESTATE TAXES: The Sellers will pay real estate taxes for 2018 due 2019. Buyer will be given a credit at closing for the 2018 real estate taxes due 2019 and will pay all taxes beginning with the spring 2019 installment and all taxes thereafter. DITCH ASSESSMENTS: Buyer(s) will pay the 2019 ditch assessment and all assessments thereafter. MINERAL RIGHTS: All mineral rights owned by the Sellers will be conveyed to the Buyer(s). PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigation, inquiries and due diligence concerning the property. Further, Sellers disclaim any and all responsibility for bidder’s safety during any physical inspections of the property. No party shall be deemed to be invited to the property by HRES or the Sellers. AGENCY: Halderman Real Estate Services Inc., Russell D. Harmeyer, Auctioneer, and their representatives, are exclusive agents of the Sellers. DISCLAIMER: All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the purchase agreement. This information is subject to verification by all parties relying upon it. No liability for its accuracy, errors or omissions is assumed by the Sellers or HRES. All sketches and dimensions in this brochure are approximate. ANNOUNCEMENTS MADE BY HRES AND/OR THEIR AUCTIONEER AT THE AUCTION DURING THE TIME OF THE SALE TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIALS OR ANY OTHER ORAL STATEMENTS MADE. 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 Sellers or HRES. Each prospective bidder is responsible for conducting his/her independent inspections, investigations, inquiries and due diligence concerning the property. Except for any express warranties set forth in the sale documents, Buyer(s) accepts the property “AS IS,” and Buyer(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Sellers and HRES make no warranty or representation, express or implied or arising by operation of law, including any warranty for merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall the Sellers or HRES be liable for any consequential damages. Conduction of the auction and increments of bidding are at the direction and discretion of HRES and/or the auctioneer. The Sellers and HRES 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 HRES and/or the auctioneer are final.

Total Acres 181.53

Tillable Acres 178.670

Wooded Acres 1.630

Other Acres 1.230

Other Acres Notes Buildings & Bins

Tracts 3

Type Of Sale Auction

Location Center Township, Rush County, IN

Owner Hayden & Elizabeth King Rev Trust

Benefits Mostly All Tillable, Excellent Soils, Patterned Tiled & Outbuildings

Status New

HLS Number RDH-12207

Auction Date October 30, 2018

Auction Time 6:30 PM EST

Auction Location Carthage Community Church
411 E 2nd St, Carthage IN 46115

 

Real Estate Agent, Auctioneer, Certified Appraiser

Michael Bonnell

Phone 812-343-6036 Email michaelb@halderman.com

 

Farm Manager, Real Estate Agent, Certified Appraiser

David Bonnell

Phone 812-343-4313 Email daveb@halderman.com

 

Real Estate Agent, Auctioneer

Rusty Harmeyer

Phone 765-570-8118 Email rustyh@halderman.com

 

 

Open Houses

Date October 02, 2018

Time 4:00 PM EST

 

Farm Name Hayden & Elizabeth King Rev Trust

Type of Operation Farm

Current Zoning Agricultural_a2

School System Rush Co. Schools

Annual Taxes 4,101 - estimated

Topography Level

Soil Treaty silty clay loam; Crosby wilt loam; Miamian silt loam; Patton silty clay loam

Property Address 1455 W 1100 N, Knightstown, IN 46148

Region IN

General Location 11 miles northwest of Rushville at intersection of 110N. & 100 W.

Legal Description Rush County parcel #70-02-12-200-001.000-002, 70-02-12-200-002.000-002, 70-03-07-100-001.000-002.