METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, IN Auct. Lic. #AC69200019) will offer the following acres: Tract 1: 75.81 acres, more or less, located in Lake County, Tract 2: 72.25 acres, more or less, located in Porter County and Tract 3: 202.70 acres, more or less, located in Starke County, by sealed bid auction on August 10, 2018. Bids must be received no later than 5:00 PM CST that day. This property will be offered in three units. Each bid shall constitute an offer to purchase and the final bid, if accepted by the Seller, shall constitute a binding contract between the Buyer(s) and the Seller. The auctioneer will settle any disputes as to bids and her decision will be final.
BID FORMAT: All bids must be received by Larry Smith of Halderman Real Estate at 2704 S 150 W, La Porte, IN 46350 by 5:00 p.m. on August 10, 2018. Bids may be personally submitted or emailed to larrys@halderman.com or juliem@halderman.com. All bids must be received by 5:00 PM CST on August 1, 2018.
ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos.
SURVEY: The Sellers reserve the right to determine the need for and type of survey provided. If an existing legal description is adequate for title insurance for a tract or tracts, no new survey will be completed. If the existing legal description is not sufficient to obtain title insurance, a survey will be completed, the cost of which will be shared 50/50 by the Sellers and the Buyer(s). The Sellers will choose the type of survey to be completed and warrant that it will be sufficient to provide an owner’s title insurance policy for the tract(s). If a survey is completed, the purchase price for the surveyed tract(s) will be adjusted, up or down, to the exact surveyed acres. The price per acre will be the auction price bid for the tract, divided by the tract acreage estimated in the auction brochure. Combination purchases will receive a perimeter survey only.
DOWN PAYMENT: 10% of the bid down upon acceptance of the bid with the balance due at closing. The down payment must be in the form of personal check, cashier’s check, corporate check or wire. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. BE SURE YOU HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
APPROVAL OF BIDS: The Sellers reserve the right to accept or reject any and all bids. All persons submitting a sealed bid must be at least 18 years of age or older and have full authority to bid on the property either solely or as a representative of the bidding entity. In the event of a tie bid, the Broker shall notify tied bidders and ask them to submit a final offer to break the tie bid. The successful bidder(s) will enter into a purchase agreement immediately upon acceptance of their sealed bid.
DEED: The Seller will provide a General Warranty Deed and/or the appropriate Deed(s) to transfer clear title at closing.
EVIDENCE OF TITLE: The Seller will provide an Owner’s Title Insurance Policy to the Buyer(s). Each Buyer is responsible for a Lender’s Policy, if needed. If the title is not marketable, then the purchase agreement(s) are null and void prior to the closing and the Broker will return the Buyer’s earnest money.
CLOSING: The closing shall be on or about September 14, 2018. However, the Seller has the choice to extend this date if necessary.
POSSESSION: Possession of land will be at closing.
REAL ESTATE TAXES: The Sellers will pay 2018 taxes due and payable in 2019, prorated to the day of closing. Buyer(s) will pay the 2018 taxes due and payable in 2019, prorated from the day of closing and all taxes thereafter.
MINERAL RIGHTS: All mineral rights owned by the Seller will be conveyed to the Buyer(s).
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigation, inquiries and due diligence concerning the property. Further, Seller disclaims any and all responsibility for bidder’s safety during any physical inspections of the property. No party shall be deemed to be invited to the property by HRES or the Seller.
AGENCY: Halderman Real Estate Services and their representatives, are exclusive agents of the Seller.
DISCLAIMER: All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the purchase agreement. This information is subject to verification by all parties relying upon it. No liability for its accuracy, errors or omissions is assumed by the Seller or HRES. All sketches and dimensions in this brochure are approximate. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or HRES. Each prospective bidder is responsible for conducting his/her independent inspections, investigations, inquiries and due diligence concerning the property. Except for any express warranties set forth in the sale documents, Buyer(s) accepts the property “AS IS,” and Buyer(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and HRES make no warranty or representation, express or implied or arising by operation of law, including any warranty for merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall the Seller or HRES be liable for any consequential damages. The Seller and HRES reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of HRES and/or the auctioneer are final.
The Terms and Conditions and provisions herein are subject to change at the sole discretion of the Broker and Seller at any time without notice. Please check our website for any updates to Terms and Conditions or check with Larry Smith and/or Julie Matthys prior to submitting your bid.

To request a sealed bid packet please contact Larry Smith at 219-716-4041or email him at larrys@halderman.com. Bids must be received no later than 5:00 PM CST on August 10, 2018.

Total Acres 350.76

Wooded Acres 85.000

Other Acres 265.760

Other Acres Notes Recreational

 

Tracts 3

Location Center Township, Lake County, IN

Status New

Auction Date August 10, 2018

Date June 30, 2018

Date July 01, 2018

Farm Name Roger White

Type of Operation Recreational

Current Zoning Agricultural - Other

School System Lake County - Crown Point Community Porter County - Porter Township Starke County - Oregon Davis Schools

Annual Taxes Lake County: $2,830.14 Porter County: $208.06 Starke County: $5,525.64

Topography Level_to_Gently_Rolling

 

Property Address Property 1: 2817 E SR 8, Crown Point, IN Property 2: 550 S Property 3: 150 E, Hamlet, IN

Region IN

General Location Lake County: 75.81 acres: 9 miles SE of Merrillville, 3.5 miles SE of Crown Point on 231 Porter County: 72.25 acres on 550 S, 8 miles SW of Valparaiso, 1 mile W of Boone Grove Starke County: 202.6 acres on 50 E, 1 miles N of US 30 adjacent to Kankakee River.

Legal Description Lake County: 75.81 Acres, 45-16-26-200-013.000-041: E1/2 NE1/4 Sec 26, Twp 34, R 8 Porter County: 32.25 Acres: 64-12-31-100-008.000-018: NW Ex 80A & Ex SW NW & Ex S70 & Ex S115 E 350, Sec 31, Twp 34, R 6 and 40 Acres: 64-12-31-251-001-000-018: SW NE Sec 31, Twp 34, R 6 -All Wildlife Starke County: 103.98 Acres: 75-02-08-500-007.100-015: Pt Lot 3 & 4 in W1/2, Sec 8, Twp 34, R 2 and 98.7 Acres: 75-02-07-500-001.000-015: Pt E1/2 of River, Sec 7, Twp 34, R 2