Michiana Showcase 108 - November 2018 | Page 96

Real Estate Auction PROPERTY LOCATION: North of Bremen, IN 2 miles to Tyler Road then east 1 ¼ mile (watch for signs) AUCTION LOCATION: East of Bremen, IN on US 6, 3 miles to Beech Road then south 1 mile (through E. 2B Road) to Rentown Road then west ½ mile at Rentown Restaurant 1535 3rd Road, Bremen, IN. Thurs., November 29, 2018 at 6 p.m. REAL ESTATE 76.375 acres in 3 tracts Bremen Schools • All tillable Location, Location, Location! Parcel 1 – 3.73 acre tract with approx. 250’ frontage on Tyler Rd. This is a L shaped Parcel. If you build on this piece, you will probably need a mound septic system Parcel 2 – 29.6 acres, bare tillable ground on west side of Sarah Hershberger Ditch. This is all tillable soil w/varied subsurface tile. Parcel 3 – 43+or acres of nearly all tillable soil. This parcel lies south and east of the Sarah Hershberger Ditch. To gain access to this parcel, the buyer would have to install a culvert across the Sarah Hershberger Ditch. Again, this parcel is well tiled and top crops are being produced. Parcel 1 Parcel 2 Parcel 3 N Soil type: All these parcels have 3 varied soils on them. They are Brookston Loam, Rensselear Loam and Crosier Loam. As you can see, these are a heavier clay soil and the tile and drainage access are very important. Taxes on whole: $2,171.64 or 28.44 per acre. DOWN PAYMENT: 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier’s check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to approval by the Sellers. AGENCY: Hahn Auctioneers, Inc. and its representatives are Exclusive Agents of the sellers. AUCTIONEER NOTE: Your bidding is not conditional upon financing, so be sure you have arranged financing if needed. For more information on financing or inspection, contact Hahn Auctioneers, Inc. PROCEDURE: The property will be offered in 3 tracts. There will be open bidding on all tracts during the auction as determined by the Auctioneer. Bids on tracts and the total property may compete. The property will be sold in the manner resulting in the highest total sale price, subject to confirmation of the Sellers. Jared L. Berger & Aaron E. Berger HAHN 4 HahnAuctioneers.com Phil Hahn - (574) 535-3783 IN Lic. #AU01012967 Brian Wuthrich (574) 268-4940 - Milford, IN Office (574) 773-8445 Nappanee, IN AC39800021 Jason Hahn (574) 536-7682 Clint Cripe (574) 354-8006 The Farmer’s Exchange, New Paris, IN • www.farmers-exchange.net