Auction Information

230± Acre Land Auction - Buyer gets 2026 Farming Rights!

Quality Tillable Cropland • Country Homestead • Potential Building Sites • Offered 5 Tracts

Live Auction with Online Simulcast: Tuesday, April 14th at 6:30 pm

Auction Location: Eagle Glen Event Center: 125 S. Eagle Glen Trail, Columbia City, IN 46725

Country Home: 4183 E. 400 S., Columbia City, IN 46725

Columbia & Union Townships • Whitley County
3 Bedrooms • 1.5 Baths • Multiple Outbuildings

TRACT 1: 5+/- Acres of tillable cropland with soil index of 139.5 or a potential building site!

TRACT 2: 47+/- Acres of Quality Cropland with a Soil Index of 134.2

TRACT 3: 88.5+/- Acres of Quality Cropland with a Soil Index of 128.2

TRACT 4: 87+/- Acres of Quality Cropland with a Soil Index 128

TRACT 5: Country Homestead with 3 Bedrooms, 1.5 Baths, & Outbuildings all situated on 2+/- Acres. Home is tenant-occupied, continue as a rental or turn this property into your country homestead!

Bid Live in person or Online! Bid on each tract individually, any combination, or the entirety!

Questions? Email [email protected] or Call the Office at 260.982.0238

Terms & Conditions

TERMS:

230+/- acres will be offered via a Live Simulcast Auction on Tuesday, April 14th at 6:30 pm. Terms & Conditions of this sale are as follows: your bid constitutes a legal offer to purchase & the final bid shall constitute a binding contract between the Buyer and Sellers. The auctioneer will settle any disputes as to bids and his decision will be final. The acreages listed in this brochure & all marketing material are estimates taken from county records, FSA records and/or aerial photos.

The sellers reserve the right to determine the need for, and type of survey provided. If completed, the cost of the survey will be shared 50/50 by the Seller & the Buyer. A 2% Buyer’s Premium will be added on top of the winning bid. An earnest money deposit will be due on the day of the auction with the balance due at closing. The Deposit will be 10% down on the land and $5,000. down on the homestead. Said funds will be held in our Escrow account and will come off your balance due at closing. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. Buyers agree to sign the purchase agreement within 24 hours of the auction ending and submit their earnest money to Metzger Property Services within the 24-hour time period via cash, check or wire transfer. Buyer(s) agrees to pay an additional $25 wire transfer fee if wiring said funds. Buyers who fail to do so will be in breach of contract and are subject to damages &/or specific performance.

The Sellers will provide a Personal Representative’s Deed along with an Owner’s Title Insurance Policy at closing. The closing(s) shall be on or before May 29, 2026. Possession: Farmland: Possession will be immediate with buyer(s) to execute a lease agreement on the night of the auction. Homestead: Possession will be 30 days post-closing. Buyers will receive the 2026 Farm Income and all Income thereafter. Seller will pay the 2025 due in 2026 taxes based on the most current rate available at the time of closing with the buyer(s) to assume all taxes thereafter. Real estate taxes for the entirety of parcels in ‘25 due in ’26 for were approximately $10,280.22.

Metzger Property Services LLC, Chad Metzger, and their representatives, are exclusive agents of the Sellers. All statements made on auction day take precedence over printed materials. The property is being sold “AS IS, WHERE IS” with no warranties expressed or otherwise implied. All decisions made by the auctioneer are final. Any other Real Estate Brokers representing clients must register clients 24 hours in advance of the auction & be present at the auction or any showing your client attends. The Client Registration form is available on the bidding website.