fbpx

149.65 Acres in Madison County, IN |

Below is all the information connected to this listing. If you have any questions, contact us today.

  149.65 Acres
Boone Township, Madison County, IN
   Auction
  September 20, 2023 2:00 PM ET
Bingham - Tracts 1 & 14

General Info

General Information

Total Acres 149.65

Tracts 1

Type of Sale Auction

Farm Name Bingham - Tracts 1 & 14

HLS Number JMW - 12930

Location Boone Township, Madison County, IN


View Map

Property Information

Farm Name Bingham - Tracts 1 & 14

Type of Operation Farm

Current Zoning Agricultural

Annual Taxes T1: $1,289.57 T14: $2038.00

Soil T1: Blount silt loam, Glynwood silt loam, Pewamo silty clay loam T14: Glynwood silt/clay loam, Washtenaw complex, Blount silt loam

Property Location

Property Address T1: CR 1450 N and T14: State Road 9, Alexandria, IN 46001

Region IN

General Location T1: Along the south side of CR 1450N and and the west side of SR 9 T14: Along the east side of SR 9 and along the south side of CR 1400N

Legal Description T1: 36/22N/7E, Boone Township, Madison County, Indiana T14: 6/21N/8E, Monroe Township, Madison County, Indiana

Auction Info

Real Estate Auction Information

Start Auction Date September 20, 2023

Start Auction Time 2:00 PM ET

Documents

Acreage Info

Acreage Information

Tillable Acres 128.070

Non-Tillable Acres 13.240

Wooded Acres 8.270

Videos & Photos

Videos & Photos

Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14
Bingham - Tracts 1 & 14

Terms

Terms & Conditions

Terms & Conditions METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer this property at public auction at the Hamilton County Fair Grounds in the Winks Building at 2003 Pleasant Street, Noblesville, IN 46060. On September 20, 2023, at 2:00 PM, 912.16 acres, more or less, will be offered in fifteen (15) tracts as individual units only. On September 21, 2023, at 2:00 PM, the remaining 821.3 acres, more or less, will be offered in thirteen (12) tracts as individual units only. No combination bids will be accepted during this auction. 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 Jaret Wicker at (765)561-1737, Chris Peacock at (765)546-0592, Lauren Peacock at (765)546-7359 or John Miner at (765)438-2699 at least two days prior to the sale. 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. 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. ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos. CLOSING: The closing shall be on or before November 3, 2023. 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 for the 2023 crop. REAL ESTATE TAXES: The Sellers will pay real estate taxes for 2023 due 2024. Buyer(s) will be given a credit at closing for the 2023 real estate taxes due 2024 and will pay all taxes beginning with the spring 2024 installment and all taxes thereafter. DITCH ASSESSMENT: The Buyer(s) will pay 2024 ditch assessment. 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: The Sellers will retain the 2023 farm income. DEED: The Sellers will provide a Corporate Warranty 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. ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances. AERIAL PHOTOS, Images and Drawings: are for illustration purposes only and not surveyed boundary lines unless specified 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. No environmental audit has been made, nor will one be made. 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.

Register for Online Bidding

Contact Information

Lauren Peacock
Farm Manager, Real Estate Agent, Certified General Appraiser
 
Christopher C Peacock
Farm Manager, Real Estate Agent
 

Download Brochures / Forms

 

I'm interested in this property

Listing Form

Share:

Newsletter Sign Up

Enter your email address into the form to be the first to know about all things Halderman, from upcoming property auctions to advice from our blog.


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact