The Region's 1st Choice For Auctions!

The Region's 1st Choice For Auctions!

80 AC CRAWFORD COUNTY FARM/RECREATIONAL LAND ONLINE ONLY AUCTION

by Beckort Auctions, LLC

When

Jun 06, 2017 - BIDDING ENDS 6 PM! Eastern

Where

Harold E. Dillman
5810 Magnolia Road
English, IN 47118

How

Online Only Auction

Notes

Highlights: 80+/- acres located 2 minutes from I-64 Exit #92 (Leavenworth). Includes a 1.5 story frame country farm house & large pond. Land details: 42.6 +/- ac tillable & 25 +/- ac wooded. Excellent weekend getaway or hunting location!

Inspection: Tues May 30 5-6 PM or by appointment.

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Conducted By

Beckort Auctions, LLC

115 E. Chestnut St.
Corydon, IN 47112

812-738-9476

http://www.beckortauctions.com

Auction Listing

80 +/- ACRE LAND AUCTION
TILLABLE FARM LAND – PASTURE LAND
SPRING FED LAKE - HUNTING

2BR/1BA 1.5 STORY FARM HOUSE
ONLINE ONLY-BIDDING ENDS JUNE 6

ADDRESS: 5810 Magnolia Rd., English, IN  47118
Located just 2 miles from I-64 Exit #92 & 38 miles west of Louisville, KY! 

 


CLICK ON “VIEW DOCUMENTS” ABOVE FOR AERIALS, SOIL DATA, TAX INFO, ETC.

REAL ESTATE INFO: A great opportunity to purchase 80 +/- continuous acres just 2 miles off of I-64 Exit #92! Property has been family owned for 60+ yrs-first time ever on the market! Land features: 80+/- acres (48 +/- tillable/open land & 25 +/- wooded), large 2.5 +/- acre stocked lake, 550’+ of road frontage on Magnolia Rd, marketable timber (see attached appraisal), multiple outbuildings (including 36x60 barn), 75% fenced for livestock, & privacy! Home highlights: 1940 built 1.5 story country farm house, 1258 SF, 2BR/1BA, electric heat pump, central air, 10 year old approved septic system, & multiple updates performed 10 +/- years ago. Just minutes from local restaurants (the Dock, Overlook, & Big Dads). A great private piece of property that is easy to get to! Great for the small farm, hunting sites, or weekend getaway! 

LAKE INFO: Formally known as “Spring Lake” and from the 1950’s through the 1970’s was a popular pay lake. The lake is spring fed, stocked with fish, and is approximately 16.5’ deep near the dam.  

GAS/OIL/MINERAL RIGHTS: Includes sellers’ interest in mineral rights.

FSA INFO: 48 +/- cropland/pastureland acres 

POSSESSION INFO: Land possession to be given on July 28; house is currently rented & tenant will have until July 28 to move or will continue to rent home if agreed upon with buyer

UTILITY PROVIDERS: Electric – Dubois REMC & Water – Crawford Co 

INSPECTION: Tues. May 30 5-6 pm or by appointment.

SOIL DATA INFO: Visit “view documents” section for soil data maps.

TIMBER APPRAISAL: See “view documents section” for specifics. Conducted April 2017 - $20,640

LEGAL DESCRIPTION:  PT SW NW 12-3-1E 10 Acres & PT W1/2 SW 12-3-1E 70 Acres 

TAXES:  $1175+/per installment.  (Based on current owner exemptions)

PARCEL ID:  13-11-12-104-001.000-003

REFERENCE POINTS: Leavenworth-6 miles NW; Marengo-8 miles S; English-10 miles SE; Corydon-18 miles W; Louisville-38 miles W; Tell City-39 miles NE; Jasper-46 miles NW

DIRECTIONS: From Leavenworth/Marengo I-64 Exit #92, turn north on IN 66 1.5 miles, then left on E Magnolia Rd 0.7 miles to site.

OWNER: Harold E. Dillman


Exhibit A Beckort Auctions Real Estate On-Line Only Auction - Terms and Conditions

1. Conditions of Sale: This online only auction is selling subject to owner’s confirmation and is not contingent on or subject to financing, appraisal, survey, or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Agreement to Purchase Real Estate. Buyer(s) shall pay costs of closing with exception of deed preparation. Buyer acknowledges they are buying property “as-is”, “where-is”, without inspections or contingencies. Buyer(s) will rely on his/her own judgment and inspection. By signing an offer, Buyer(s) will be waiving the 10-day lead based paint test.

2. Closing: A Buyer’s Premium of 10% is added to the high bid. Please take this into consideration when bidding. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Beckort Auctions, LLC within twenty-four (24) hours of the completion of the auction along with 10% deposit of the total contract price. The down payment may be made in the form of cash, cashier’s check, personal check, or corporate check. The entirety of the remaining balance is due at closing on or before Thirty (30) days from Auction Day. Purchaser will be responsible for all wire transfers. Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Possession shall be given to the successful Buyer(s) at closing, seller will provide deed preparation.

3. Liquidated Damages: Successful Bidders not executing and returning their Contract with Earnest Money deposit within Forty Eight (48) hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could additionally be liable for any and all costs incurred by Seller and Beckort Auctions, LLC incurred in a subsequent resale of the property. If such action occurs, Beckort Auctions LLC hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost and additional cost of auction as not defined in this agreement. These liquidated damages do not restrict the seller from suing the buyer for performance damages and/or any additional damages the seller suffers by the default of the buyer.

4. Back-Up Bids: If you are not the successful bidder on the real estate and wish to make a back-up bid in case of default by the high bidder, please see Brian Beckort to receive a Back-Up Bidder Form.

5. Other Conditions: There are no contingencies to this sale (i.e., financing, appraisal, repairs, or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing.
Beckort Auctions, LLC reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders
will be verified, bidding rights are provisional, and if complete verification is not possible, Beckort Auctions LLC will reject the registration, and bidding activity will be terminated.
All Beckort Auctions, LLC Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example: If an auction scheduled to end at 6:00 p.m. receives a bid at 5:59 p.m., the close time of the auction automatically extends to 6:10 p.m. The auto-extend feature remains active until no further bids are received within the 10 minute time frame.

6. Real Estate Brokerage Services Disclosure: Beckort Auctions LLC and their representatives are Exclusive Agents of the Seller(s). We do not represent the buyer(s) in any manner and we must be completely loyal and faithful to our client. Beckort Auctions LLC has an exclusive right to sell listing for this transaction. All negotiations must be conducted through Beckort Auctions LLC.
A two percent (2% variable) bid price commission, not to include any buyer’s premium if applicable, is available to properly registered Brokers/Agents. You must pre-register your Buyers with Beckort Auctions, LLC twenty-four (24) hours before the end of the auction by filling out and recording with Beckort Auctions a Broker Registration Form. Agents who fail to pre-register their Buyer will not be recognized as Buyer Agents and will not be entitled to a co-op commission. Broker/Agent cannot act as a Buyer and Broker/Agent on the same transaction. Please review the Broker Registration form for eligibility.

7. Beckort Auctions LLC Involvement in this Contract: The seller and buyer hereby agree that Beckort Auctions LLC is a part of this contract and shall receive compensation as stated in the agreement hereto or as stated in the listing agreement hereby made a part of.

8. Restrictions: Real Estate is sold subject to any and all existing matter of record, and all easements, building use or zoning laws and regulations. Taxes and assessments will be pro-rated to the closing date.

9. Additional Auction Information: All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the seller or the auctioneers. Personal on-site inspection of all property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, or any other information that can be obtained as public record in the appropriate county court house concerning subject properties.

10. Technical Issues: In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Beckort Auctions, LLC reserves the right to extend bidding, continue the bidding or close the bidding. Neither the company providing the software, nor Beckort Auctions, LLC, shall be held responsible for the failure of the software to function properly for any reason.

REVISED 05/21/2016
VIEW MAP
Take I64 to Marengo Exit 92, north on I66 1.5 miles, turn left on Magnolia Road 0.7 mile to site on right.