•A 6% Buyer’s Premium will be added to the high bid amount to determine the contract purchase price.
•An earnest money deposit of 5% of the contract purchase price is due on auction day for on-site bidders and within 24 hours of auction conclusion for online bidders, with the balance due within 45 days.
•The purchaser will receive the seller’s share of the 2020 crop income, less $475 for reimbursement of fall 2020 taxes.
•The purchaser shall then assume the real estate taxes due and payable in May 2021.
•Possession will be given at final closing, subject to current farm tenant’s rights.
•Seller will convey all mineral rights that he owns.
•Any fee (typically $250 - $300) charged by a title company or escrow agent to close the transaction will be split evenly between buyer & seller.
•The real estate will sell subject to owner’s approval.
•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.
•The farm is not currently designated as Organic by the USDA.. Curran Miller Auction / Realty, Inc. does not represent or guarantee that the farm will qualify for Organic certification by the USDA.
•Parcel dimensions and acreages are based on legal descriptions & public records
•Aerial photos are for illustration purposes only and not surveyed boundary lines.
•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.
•Any and all announcements made day of auction take precedence over previously stated terms.
Seller: Mike Brown