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Land & Real Estate Auction
Listing ID#: 1360456
| Auction Location |
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Decatur, IN 46733 |
| Auction Dates and Times |
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Saturday Jan 22, 2022 Completed |
| Auction Type |
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 Live Auction
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| Company Information |
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Krueckeberg Auction & Realty Website: kjauction.com GoToAuction.com ID#: 8270 View company information and listings |
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| Listing Information |
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Land & Real Estate Auction Saturday, January 22nd @ 10am 4262 N Salem Rd Decatur, IN 46733 Auction will be held at: Krueckeberg Auction Complex 815 Adams Street Decatur, IN House, Detached Garage, & 131.273 +/- Acres Total offered in 3 Tracts! Open House: Saturday January 8th 1:00-3:00 PM Tract 1: 4262 N Salem Rd. 3 Bedroom, 2 Full Bath 1,952 SQ. Feet Home, Partially Finished Basement, 32' x 50' 3 Car Detached Garage, Sitting on 5.06 +/- Acres 10.37 Acres of CPR Filter Strips until 2030 paying approx $1,971 a year. CPR Program pays approx $2,474 Per year. Contract for 4.26 acres renews in 2023 and 8.12 Acres renews in 2026, These are 10 year contract periods. Cell phone tower lease started in 2000 and the duration of the lease is 55 years and is renewable in 5 year increments, Currently pays $840.32 per month or $10,083.84 per year in lease payments. The successful bidder will be awarded a Contract subject to the right of the Cell Tower operator to exercise the right of first refusal in accordance with the terms of the Lease. If they choose not to exercise the Right of First Refusal after 30 days, the matter will proceed to closing with the successful bidder. Buyer must close within 45 days after first right is denied. Additional InformationAuction Terms & Conditions: 10% nonrefundable downpayment on each tract due at close of auction with balance due upon delivery of deed and title policy. Closing to be within 45 days of auction. Title search and title policy in the amount of the purchase price will be provided at the sellers expense. A staked survey will be provided with the cost split 50/50 between buyer and seller. Taxes are prorated to the date of closing.(Tract 1:$1,763.82 w/ Exemptions Tract 2:$1,573.52 Tract 3:$486.46) Possession on Tract 1 to be upon final closing. Possession on Tracts 2 & 3 to be given day of auction. Property Sold AS-IS And Not Sold Subject to Inspections, Please have inspections done prior to day of auction. Sold subject to confirmation of sellers. Not responsible for accidents. Auctioneers Note: Any statements made day of sale takes precedence over any written or oral statements. Auctioneers License: Josh Krueckeberg (AU19800008 AC31500055) Owners, Jimmy D. Price Estate & Family - First Merchants Bank, PR |
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Auction License: AU19800008 |
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