29+/- ACRES OFFERED IN 2 TRACTS w/2,880 SF RETAIL BLDG & 7,500 SF POLE BARN - Dale, IN

by Curran Miller Auction/Realty, Inc.

When

Live/Simulcast Bidding Ends: Tues., Dec. 18th at 11 am CT

Where

21915 N CR 400 E Dale, IN

How

Live / Online

Notes

This Live/Simulcast Real Estate Auction Features: 2,880 SF RETAIL BLDG & 7,500 SF POLE BARN ON 29.7 +/- ACRES OFFERED IN 2 TRACTS.

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Documents

2,880 SF RETAIL BLDG & 7,500 SF POLE BARN

ON 29.7 +/- ACRES OFFERED IN 2 TRACTS

ZONED I-2

21915 N CR 400 E

DALE, IN


Real Estate Showing:

Mon., Dec. 10th from 11-1:00 PM CT

Showings at other times can be scheduled by calling the auction company at 812.474.6100.


Live/Simulcast Auction: 

Tues., Dec. 18th at 11 am CT


Auction Process:

The tracts will be offered individually and in combination utilizing the online only Ultimate Choice Bidding Platform.  

A Bidding Center will open at 10:00 am CT on auction day to provide bidders with assistance using the Ultimate Choice system.  

The Bidding Center will be located at the property in Dale. 


Auctioneer’s Note:  

Whether you’re an investor or an end user, you won’t want to miss this auction! 

With Superior Ag nearby and the potential development of an energy plant, this is a fantastic opportunity to purchase acreage in a great location with very desirable I-2 zoning.  


Real Estate:

Tract 1: Consists of 14.626 +/- acres improved with two very nice buildings.

Building #1 contains 2,880 sf with a concrete floor and 2 - 200 amp panels and was has been used as a farm market. 

Part of the building is used for retail activities.  This area contains an overhead door, while the back of the building contains a walk-in cooler, overhead door, prep & storage area, restroom with shower & a break room with kitchen.

Possession of retail building will be 30 days after final closing.

The real estate also contains a versatile 150' x 50' pole building currently used to store machinery. This building has a partial, concrete slab floor, electric & a 24' x 14' overhead door. The building measures 16' tall from floor to bottom of the trusses. Seller would like to rent building until April 1, 2019 for $1,000 / month.

The real estate also features 800 amp, 3 phase electric on the property, natural gas, 12" water line, 300 gallon commercial septic system that is state inspected.

The grain bin, walk-in cooler and appliances (washer, dryer, stove & refrigerator) are not included in the sale.


Tract 2: Consists of 15.155 +/- acres of tillable land currently planted in wheat.

21 +/- acres total are currently planted in wheat, which will be harvested in June 2019.  Seller will pay Purchaser crop rent of $175 / acre for 2019.  Possession of tillable land will be given after crop has been harvested.

The tracts will be offered individually and in combination utilizing the online Ultimate Choice Bidding Platform.
A Bidding Center will open at 10:00 am CT on auction day to provide bidders with assistance using the Ultimate Choice system.
The Bidding Center will be located at the property in Dale.
• Real estate shall sell subject to owners’ approval.
• A non-refundable, earnest money deposit of 10% is due day of auction, within 24 hours of the auction conclusion if online bidding, with the balance due within 30 days.
• Purchaser shall assume the real estate taxes due & payable in May 2019.
• Possession of the tillable land will be given after 2019 wheat crop is harvest. Possession of the retail building will be given 30 days after final closing. Possession of the pole building will be given April 1, 2019 with the Seller renting the building for $1,000 month.
• Any fee charged by a title company or escrow agent to close the transaction (typically $250 to $300) shall be split evenly between buyer & seller.
• This LIVE/Simulcast auction is not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by Bidder and or Buyers at registration prior to bidding.
• 5% Buyer’s Premium will be added to the high bid to establish the purchase price.
• This auction is subject to a 5 minute auto-extend closing. If any bid is placed in the final 5 minutes of the auction, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 4:00 receives a bid at 3:59, the close time will automatically extend to 4:04.The auto extend feature remains active until no further bids are received within a 5 minute time frame.
• The contract is required to be fully and correctly completed, WITHOUT any modifications and properly signed within 24 hours of the close of auction.
• The sale of this property is subject to any and all easements of record.
• The sale of this property is subject to all state and local zoning ordinances.
• Parcel dimensions and acreages are based on legal descriptions & public records
• Aerial photos are for illustration purposes only and not surveyed boundary lines.
• The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Curran Miller Auction / Realty, Inc. will reject the registration, and bidding activity will be terminated. The Seller and Curran Miller Auction / Realty, Inc. reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.
• Curran Miller Auction / Realty, Inc., Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Curran Miller Auction / Realty, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
• Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Contract for Sale of Real Estate agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Curran Miller Auction / Realty, Inc., Agents or Representatives. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Curran Miller Auction / Realty, Inc., Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Curran Miller Auction / Realty, Inc. are final. Any dispute between Curran Miller Auction / Realty, Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Vanderburgh County, Indiana. By bidding on the property, buyer agrees to all terms and conditions set forth.
• Buyer and or Bidder agrees to hold harmless and indemnify Curran Miller Auction / Realty, Inc. and its Agents, Owners, Directors, Employees and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.

Seller: Mr. Jeff Dike

Conducted By

Curran Miller Auction/Realty, Inc.

Toll Free: (800) 264-0601<br>Local: (812) 474-6100

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