Auction Information

206 +/- Acre Real Estate auction! ---- SOLD! Tract 1: $140,000 Tracts 2-8: $800,000!
Thursday, September 19, 2019 - 6:30 pm
Auction Location: Cass County Fairgrounds: 2281 E Co Rd 125 N, Logansport, IN 46947

206 +/- Acres of Quality Cropland with Homestead being offered in 8 Tracts! Bid on each tract individually, in combination or the entirety! OPEN HOUSE: September 12, 5:30-6pm.

Tract 1: COUNTRY HOME ON 2.5+/- ACRES! This move-in ready home features 4-5 bedrooms, open kitchen/dining area, large laundry room, 3-car attached garage and two 48x80 pole barns!! Home has had many updates including new roof in 2015, new well pump, pressure tank in 2006, 200 amp service, many new vinyl replacement windows and septic was just pumped last year! One pole barn has concrete floors with 2 sliding doors and 2 service doors. Other has dirt/gravel floor with 2 sliding doors and 3 service doors. 3rd Storage Shed has concrete floors and is 24x10! Large patio is a perfect place to relax and take in the peaceful views and the sounds of country living!

Tract 2: Approximately 2 +/- acres of tillable land with potential building site, soils index of 155!

Tract 3: Approximately 56 acres of quality tillable cropland with a soil index of 159.4!

Tract 4: Approximately 15 +/- acres of woods & recreational ground!

Tract 5: Approximately 50+/- acres, with approximately 46.75 acres of tillable and 3.25 acres of woodland. Soil index is 155.1!

Tract 6: Approximately 12+/- acres, 7.8 acres tillable and 4.2 acres woodland. Soils index of 130.5, this would make a Great Building Site!!
Tract 7: Approximately 55+/- Acres with 51.5 acres tillable and 3.5 acres of woodland with a Soil Index of 151!
Tract 8: Approximately 13+/- acres, 5.8 acres tillable and 7.2 acres woodland with a soil index of 155! Great Building Site or recreation piece!

Terms & Conditions

TERMS: Tract 1, Home: $3,000 down at the auction with the balance due at closing. Tracts 2-8: 10% down with the balance due at closing. Bidding is not contingent upon financing. Tract 1: Taxes will be prorated to the day of closing. Tracts 2-8: Seller will pay 2019 due in 2020 taxes with buyer to assume all taxes thereafter. Seller to retain 2019 farm income. Possession of Tract 1 will be at closing. Possession of Tracts 2-8 will be subject to the current tenants rights to the 2019 harvest. No warranties are made as to the condition of the real estate and no environmental audit has been nor will be made. Survey costs will be shared 50/50 between buyer and seller. On Tracts 2-8, purchase price will be adjusted to the exact surveyed acres via the price per acre bid the night of the auction. Metzger Property Services represents the seller only, our agency disclosure is in the Bid Packet in files.