Exceptional Grant County Farm - With Modern Two Story Home - Saturday, October 24th - - 10:00am
53.1 Acres Offered in 2 Tracts - Grant County
8035 S. 500 E.Jonesboro, IN 46938 - (View Map)
Owner: Thompson
Sale Manager: Brandon Steffen
Contact: 260-426-0633
REQUEST UPDATES FOR THIS AUCTION
Amazing Opportunity to Purchase Small Acreage and Completely Updated Country Home
Auction Location
The auction will be held on-site located 8035 S. 500 E. Jonesboro, Indiana.
Inspection
Open Houses will be conducted on Sunday, October 11th from 2-4 pm and on Thursday, October 15th from 5-7 pm. For a private showing please contact the sale manager. In the event that you would like to walk to the property please call auction company in advance so that Sellers can be notified.
Tract Descriptions
Tract #1 - Contains approximately 35.9 +/- Acres with approximately 19 +/- Tillable Acres and 16.9 +/-Acres of Wood-Pasture Land.
Tract #2 - Consists of 17.19 +/- Acres with approximately 5+/- tillable acres with the remaining acreage in pasture ground and woodland. This tract is also improved with a modern two story home that is approximately 2,982 SF and has been updated completely in recent years. Further improvements include two modern outbuildings, one which would make an excellent cattle or "Livestock Show Barn". The second outbuilding would make an excellent machine shed with heated shop area.
Property Information
County: Grant
Township: Fairmount
Section: 13 and 24
Total Acreage: 53.1 +/- Acres
Outbuildings: (2) Both Buildings have Water and Electricity
Parcel #(s) 27-10-13-300-037.000-034; 27-10-13-300-036.000-034,27-10-24-200-004.000-034,27-10-24-200-001.000-034, 27-10-13-300-043.000-034
Description of Home
Outstanding 2,982 SF home that has been completely updated in recent years. As you enter the home you are welcomed by a large family room to your right, and to the left a spacious dining room that opens up into the modern updated kitchen. The large eat-in kitchen features quartz counter tops, top of the line stainless steel appliances and hardwood flooring. Additionally located on the first floor is a nice sized bedroom, and a laundry/craft room with built-in cabinetry and desk/work area for folding laundry, sewing or other projects. Between the bedroom and laundry room is a full updated bathroom with pedestal sink, shower and stool. Located directly off of the eat-in kitchen is a screened in porch that offers a perfect place to unwind after a long day. The second floor features a large open loft area that would make a great study or TV room along with 3 additional bedrooms, including a master suite with private bath and large walk-in closet. The remaining two bedrooms feature a full Jack and Jill bathroom. The home is further improved with an over sized two car garage with a tremendous amount of storage area.
From the minute that you walk in the door the pride of home ownership shines throughout. The Sellers have been very meticulous maintaining this property over the years. In 2013, the Sellers replaced the HVAC system with a state of the art closed loop Geothermal system, the majority of the windows in the home have been replaced along with updates to the kitchen and decor in recent years. The home is tastefully decorated with neutral paint tones throughout, neutral carpeting that is in impeccable condition, along with a combination of white and natural woodwork throughout.
Square Footage: 2,982
Garage: Attached 2 Car
Heat: New Geothermal
Air Conditioning: Central
Number of Bedrooms: 4
Number of Bathrooms: 3 Full
Laundry Room: Yes
Porch: Covered
Water: Well
Septic: Private Septic
Electrical: Updated Circuit Breaker
Appliances: Yes / Stainless Steel Stove and Refrigerator
Outbuildings: Yes
Room Sizes
Kitchen: 19' x 13'9"
Dining: 20'10" x 17'2"
Laundry Room: 10'8" x 12'1"
Living Room: 20' x 15'
Bedroom #1: 11' x 10'
Bedroom #2: 11'4" x 12'
Bedroom #3: 11' x 12'
Master Bedroom: 20' x 15'
Loft: 20' x 21'
Description of the Outbuildings
The property features two exceptional outbuildings. Outbuilding #1 is the hobbyist dream - featuring an overhead door (with an automatic opener) that leads into a large open area with concrete floors, lighting that runs entire length of the building and other electrical outlets throughout. To the left of the overhead door is a finished shop area that is accessed by an internal overhead garage door or through a pass through door that leads to the exterior.
Outbuilding #2 is approximately 30'x 70' and has previously been used for cattle and other livestock. The building has both electricity and water ran to it. The building features numerous doors that are large enough for both machinery and equipment storage also allowing the ability to access the building with a bobcat. The north side of the building features side ventilation that can be opened or closed. There is a concrete pad that surrounds both the south and east side of the building and has previously been used as a feedlot type area.
Terms & Conditions
Procedure: The property will sell in (2) individual tracts, or as an entire unit. There will be open bidding on all tracts and the entire property during the auction as determined by the auctioneer. Bids on the tracts and the total property may compete.
Method of Payment: A non-refundable earnest money deposit of 10% of the purchase price will be required the day of sale with the balance due the day of final closing. Closing to be within 45 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 bids.
Title: Seller will provide the 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 will be give to the buyer after the harvest of the 2015 crops on the tillable acreage and 30 days after closing on the home and outbuildings. Seller shall retain 100% of the cash rent and any farm payments made for 2015.
Taxes: The Seller shall pay ALL 2015 due and payable 2016 real estate taxes and assessments. The Buyers tax obligations will start with the 2016 due and payable 2017 installment of taxes and all subsequent real estate taxes and assessments thereafter.
Survey: The Seller shall provide the Buyer with a boundary survey of the property. The cost of the Survey shall be split 50:50 between the Buyer and the Seller.
Acceptance of Bid: This real estate is being sold subject to confirmation of the seller.
Property Disclosure: This property is being sold "As-Is" and "Where-Is" with no warranty being expressed or implied.
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 agreements. 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 day of the sale take precedence over any and all printed material.