Total Acres 40.00

Tracts 3

Type of Sale Auction

Farm Name The Estate of Marvin L. Bartle

Status closed

HLS Number CCP - 12830

Key Features Productive Cropland in a Strong Basis Area with a Home, Buildings and Potential Wooded Building Sites

Location Salem Township, Delaware County, IN


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Farm Name The Estate of Marvin L. Bartle

Type of Operation Farm

Current Zoning Agricultural

School System Daleville Community Schools

Annual Taxes $1,914.52

Ditch Assessment $40.00

Topography Gently Rolling

Soil Crosby silt loam Treaty silty clay loam

Building Description Two-Story Home: four bedrooms, one and a half bathrooms, with hardwood floors and a partial basement. The home has baseboard electric heat and a Buck Stove. According to the assessor's records, the home was built in 1890. Barn: The barn consists of two sections. The west section measures 24’ X 32’ with steel siding, a steel roof, and a concrete floor. The east section of the barn measures 40’ X 32’ with partial concrete block construction, steel siding, an asphalt shingle roof, and a concrete floor. The barn has overhead and sliding door entry with electric service. The barn was built in 1977. 18’ X 20’ Gazebo: The gazebo has wood construction with open sides, an asphalt shingle roof, a concrete floor, and electric service. Built-in 1970 according to the assessor’s records. 8’ X 14’ Clubhouse: vinyl siding, an asphalt shingle roof, a wood floor, and electric service. 8’ X 12’ Livestock Building: steel siding, a steel roof, and a concrete floor. The shed was built in 1975.

Property Address 5500 W CR 700 S, Daleville, IN 47334

Region IN

General Location On the north side of County Road 700 South, approximately a 1/4 mile west of County Road 300 West in Daleville, IN 47334.

Legal Description 40 acres in part of the southwest quarter of the southeast quarter of Section 13, Township 19 North, Range East, Salem Township, Delaware County, Indiana or more specifically described as parcel number 18-14-13-400-002.000-021

Start Auction Date November 03, 2022

Start Auction Time 6:30 PM ET

Auction Location Delaware County Fairgrounds Heartland Building: 1210 N. Wheeling Avenue, Muncie, IN 47303

Date October 09, 2022

Time 1:30 PM ET - 3:00 PM ET

Date October 13, 2022

Time 4:00 PM ET - 5:30 PM ET

Tillable Acres 32.190

Wooded Acres 4.820

Home Acres 1.000

Building Site Acres 1.990

Terms & Conditions METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer this property at public auction on November 3, 2022. At 6:30 PM, 40 acres, more or less, will be sold at Delaware County Fairgrounds Heartland Building, 1210 N. Wheeling Avenue, Muncie, IN 47303. This property will be offered in three (3) tracts as individual units 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 Chris Peacock at (765)546-0592, Lauren Peacock at (765)546-7359, AJ Jordan at (317)697-3086, or Larry Jordan at (765)473-5849 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. 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 a Personal Representative’s 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. BUYER’S PREMIUM: The Buyer’s Premium is 1.5% of the Purchase Price. CLOSING: The closing shall be on or before, December 31, 2022, unless the seller chooses to extend the closing date. POSSESSION: Possession of land will be given at closing. REAL ESTATE TAXES: The real estate taxes will be prorated to the date of closing. DITCH ASSESSMENTS: The ditch assessments will be prorated to the date of closing. 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.