201 Grant Ave
North, IN 46105
Real Estate Auction
217.79± Total Acres – 123.54± Tillable Acres
Woods – Pasture – Creek – Building Sites
Monroe Township – Putnam County
South of Bainbridge – North of Greencastle
Thursday, May 4th, 6:30 p.m.
Auction to be held at the Bainbridge Community Building,
201 North Grant Avenue, Bainbridge, IN 46105
Parcel 1: 69.00± total acres; 68.41± tillable acres; 640±’ frontage on Co Rd 200 E
Parcel 2: 47.00± total acres; 46.26± tillable acres; 650±’ frontage on Co Rd 325 N
Parcel 3: 13.79± total acres; 5.05± tillable acres; 240±’ frontage on Co Rd 325 N; woods; homesite; older house in poor condition; 40’x64′ pole barn; grain bin
Parcel 4: 88.00± total acres; 3.82± tillable acres; 700±’ frontage on Co Rd 325 N; woods; pasture; creek; building sites
Farm to be offered in 4 parcels, combinations of parcels,
& in its entirety, selling in the manner resulting
in the highest total gross auction price
CORN W.A.P.I. OF 148.7
REESVILLE & XENIA SOILS
Directions to Subject Property: Take US 231 south from US 36 to Co Rd 350 N (Brick Chapel). Go east to Co Rd 50 E. Go south to Co Rd 325 N. Go east to farm. Please look for signs.
Directions to Auction Site: In Bainbridge, on the north side of US 36, Bainbridge Community Building, 201 N Grant Avenue, Bainbridge, IN 46105.
Terms of Auction
TERMS: Purchaser to pay 10% down day of auction with the balance due on or before June 5, 2023.
TAXES: Seller to pay all real estate taxes due and payable in 2023. Buyer(s) to pay the tax installment due and payable in May of 2024 and all taxes thereafter.
SURVEY: Survey to be provided by seller.
FINAL BID: Property to sell subject to final approval of the Trustee.
POSSESSION: Possession of tillable land day of auction with buyer(s) signing a release of liability. Possession of homesite, woods, and improvements day of closing.
IMPROVEMENTS: All improvements to be sold in “As-Is” condition.
INSPECTIONS: Call LAWSON & CO. at 317-745-6404 to schedule an appointment to inspect the property.
Owner: David L. and Madonna P. Elliott Trust
Trustee: Catherine Borkowski, Arrow Fiduciary Services
LAWSON & CO.
Auctioneers & Real Estate Professionals
Jack A. Lawson AU01000629 – Brandon K. Lawson AU19300138
1280 E. MAIN STREET · DANVILLE, INDIANA 46122
(317)745-6404 · FAX (317) 745-7810 · AC31300014