8.5 Acres
Tract 5: 8.5 +/- acres offering 580’ of road frontage along N 750 E. Comprised of nearly all productive farmland this tract is approximately 645’ deep giving ample space for building locations. There is Rawson loam soil on this tract.
There are no bids for the lot at this time
REAL ESTATE DESCRIPTON
N 750 E, Fremont, In 46737
Total Acres: On June 27th, this 87-acre farm will be sold in 8 tracts, offering a unique opportunity to own a piece of prime real estate that features a combination of hunting and tillable areas, as well as the potential for building lots. This property is situated in a prime location, offering easy access to major lakes and nearby towns while still maintaining its rural charm.
As you approach the property, the first thing you'll notice is the expansive rolling hills, which make up a large part of the landscape. These hills offer some of the best hunting opportunities in the area, with ample deer, turkey, and other wildlife that call this land home. For those who love the outdoors, this property is a paradise, offering plenty of opportunities to explore and enjoy nature.
The tillable areas of the farm are also impressive, with acres of prime farmland that have been well-maintained. Whether you're looking to grow crops or raise livestock, this property offers the potential for a profitable agricultural enterprise. The rich soil and favorable growing conditions make this land an excellent choice for anyone looking to invest in farming.
In addition to its hunting and agricultural opportunities, this property also boasts the potential for building lots. With 8 tracts being sold, there's ample opportunity to build your dream home or invest in this land for future residential use. The rolling hills and picturesque views make this property an ideal location for anyone looking to build a home that offers privacy, seclusion, and natural beauty.
Overall, this 87-acre farm is a unique and valuable piece of real estate that offers something for everyone. Its combination of prime hunting and tillable areas, as well as the potential for building lots, make it an ideal investment for those looking to make the most of their money. Whether you're an avid outdoorsman, a farmer looking to expand your operation, or a home builder looking for the perfect location, this property has everything you need to achieve your goals. Don't miss your chance to own this exceptional piece of real estate on June 27th.
Tract 1: 2.4 +/- acres that could make a great building site offering 321’ of road frontage along E 300 N & 330’ of frontage along N 750 E. This tract consists of Glynwood silt loam and Morley silt loam soils.
Tract 2: 2 +/- acres that could make a great building site offering 183’ of road frontage along E300 N. This tract consists of Glynwood silt loam soil.
Tract 3: 8.5 +/- acres offering 566’ of road frontage along N 750 E. Comprised of nearly all productive farmland this tract is approximately 654’ deep giving ample space for building locations. There are Glynwood silt loam and Morley silt loam soils on this tract.
Tract 4: 33.5 +/- acres offering 1000’ of road frontage along N 750 E. This tract is approximately 1315’ deep. This tract could offer great hunting opportunities, building locations or farming possibilities. There are Pewamo silty clay and Glynwood silt loam soils on this tract.
Tract 5: 8.5 +/- acres offering 580’ of road frontage along N 750 E. Comprised of nearly all productive farmland this tract is approximately 645’ deep giving ample space for building locations. There is Rawson loam soil on this tract.
Tract 6: 13.25 +/- acres offering 170’ of road frontage along N 750 E. This tract is approximately 1315’ deep giving access to a wooded nature haven. There are Glynwood silt loam, Rensselaer loam and Histosols ponded soils on this tract with plenty of wildlife.
Tract 7: 13 +/- acres offering 230’ of road frontage along N 750 E. This tract is approximately 1317’ deep giving access back to a low-lying wildlife bedding area and still leaving plenty of space for a potential building lot. There are Rawson loan, Blount silt loam, Rensselaer loam and Boyer-Ormas loamy soils on this tract.
Tract 8: 4.7 +/- acres offering 377’ of road frontage along N 750 E. This tract is approximately 550’ deep giving ample space for building locations or a great addition to tract 7. There is Rawson loan soil on this tract.
Auction to be held at the Commons Building: 501 S. John Street, Angola, In 46703 (in the lower level) on June 27th@ 6:00 p.m.
NOT SUBJECT TO APRAISAL OR FINANCING. ALL SALES ARE FINAL AND SOLD AS IS.
*There will NOT be a Buyer’s premium to be paid at closing. *
Procedure: The property is being offered by absolute public auction in 8 individual tracts, any combination of tracts or as a whole farm. There is a total of 87+/- acres. There will be open live bidding and simulcast bidding available at the same time. Bidding will start with individual tracts, as a whole farm and then offered in combinations. This property can be sold in any way to net the Seller the highest amount. There will be a 3-minute stopwatch used at the end of the sale to determine when we end the sale.
Agency: Bartkus Auctioneers Company and its representatives are exclusive agents of the Seller.
Down Payment: 10% Down Payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of a cashier’s check, personal check, or corporate check. Your bidding is not conditional upon financing so be sure you have arranged financing if needed.
Acceptance of bid: This is an absolute public auction and will be sold to the highest bidder or bidders at the close of the auction. The Successful bidder or bidders will be required to enter into a purchase agreement at the auction site immediately following the close of the auction.
Farming Rights: The Buyer will assume the current lease with Ridenour Farms, Inc. and receive all cash rent around $9000.00 related to 2023.
Evidence of Deed and Title: Seller conveys the property by Warranty Deed and shall provide an owner’s title insurance policy in the amount of the purchase price at closing.
Closing: The balance of the purchase price is due at closing which will take place within 40 days or 15 days of presentation of insurable title. Closing costs for an insured closing shall be split by the Seller and Buyer 50/50.
Possession: Possession shall be the day of closing immediately after closing on all tracts.
Real Estate Taxes: Real estate taxes will be assumed by the Buyer up to the day of closing. Taxes on the entire farm are $1236.36 for 2023 taxes. There are no exceptions currently.
Acreage: All tract acreages, dimensions and proposed boundaries are approximate and have been estimated based on aerial photos and current legal descriptions.
Survey: A new boundary survey will be completed only if this is sold in tracts. The Seller shall order the survey. The cost of the survey will be split by the Buyers and Seller 50/50. If this is sold as a whole farm, the existing legal descriptions shall be used.
Online Bidding Available: You may bid online during the auction at www.bartkusauctioneers.com. You must register & submit a bank letter 24 hrs. in advance of the auction for your bids to be approved. For online bidding information, call Bartkus Auctioneers at 260-715-9797. BIDDER PRE-REGISTRATION STRONGLY ENCOURAGED!
NOT SUBJECT TO APRAISAL OR FINANCING. ALL SALES ARE FINAL AND SOLD AS IS. ANY ANNOUNCEMENTS MADE OF THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
There will be NO buyer’s premium.
Auction to be held at THE COMMONS BUILDING: 501 S. John Street, Angola, In 46703 (In the lower level)
Angola , Indiana 46703
United States