“Inspect, Arrange Financing and Come Prepared to Bid your Price.”
Property Location
3404 County Road 65, Butler, Indiana (View Map)
1 Mile South of Butler, Indiana off of Indiana 1. Head East on County Road 34 and North on County Road 65.
Auction Location
On Site
Real Estate Inspection
Meet a Steffen Group Representative at Tract 1 on Sunday, September 26th from 1-3 pm or Thursday, September 30th from 4-6 pm or call for a private showing.
Tract Descriptions
Tract #1: 18.14 +/- acres with 54’ x 56’ barn and small out buildings. This tract of land offers a 2,240 SF Home and Pond. There is also a 30x56 Detached Garage and approximately 10 Acres of rolling pasture.
Tract #2: 7.7 +/- acres with a 52 x 156 Pole Barn. This tract includes a driveway already in place with incredible rolling pasture.
Tract #3: 3.0 +/- acres building site.
Personal Property
Click Here to View the Personal Property
Terms and Conditions
Procedure: The property will sell in 3 individual tracts, any combination of tracts, or as a total unit. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. Bids on the tracts, tract combinations, and the total property may compete.
Method of Payment: A non-refundable earnest money deposit of 10% of the purchase price will be required day of sale with the balance due the day of final closing. Closing to be within 30 days of the auction. This real estate is being sold for cash and your bidding is not contingent upon financing. Have your financing prearranged prior to auction day.
Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following the auction at the site. The seller reserves the right to accept or reject any bid.
Title: Seller will provide buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of the title. Seller will provide buyer with a fully executed warranty deed conveying title to the buyer.
Possession: Possession shall be given 45 days after closing.
Taxes: Taxes shall be prorated to the day of final possession.
Survey: AT THE SELLERS OPTION, the buyer will provide 50:50 of the costs of any parcel where there is no existing legal description or where new boundaries are created by the tract divisions in the auction. Any need for a survey shall be determined at the sole discretion of the seller. If a survey is determined by the Seller to be necessary, final bids will be adjusted to reflect the results of said survey. The type of survey prepared shall be determined by the Seller as long as it is sufficient for issuance of a title policy. Combination purchase will only receive a perimeter survey. Only the boundary corners of the respective tract sold shall be marked. Successful bidders will then pay a revised purchase price calculated by multiplying the actual surveyed acreage by the actual purchase price per acre indicated in the agreement to purchase. All auction tracts are approximate and have been estimated based on aerial photographs or current legal descriptions. Seller will provide buyer with a boundary survey of the property. Said survey selected shall be at the sole choice and discretion of the Seller.
Property Disclosure: This property is being sold as is with no warranty being expressed or implied as to the physical condition, specific zoning or available permits.
Agency: The Steffen Group is acting as the exclusive agent of the Seller.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. Conduct of the auction and the increments of bidding are at the direction and discretion of the Auctioneer. All decisions of the Auctioneer are final. Announcements made the day of sale take precedence over any and all printed material.
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