23928 Dawkins Rd., Woodburn, IN 46797 - Allen County

LAND AUCTION, 195 Acres Offered in 3 Tracts, Quality Tillable Land

Tue, Jul 22, 6:00 PM

Allen County, Indiana

Owner: The Heirs of Merle and Eloise Gerig

Gerig Land Auction

195 Acres Offered in 3 Tracts

Jackson Township Sections 9 & 18

Quality Tillable Land

Online Bidding Available

OPEN HOUSE/INSPECTION DATES

Monday, July 7 from 5-7PM

PROPERTY LOCATION

JACKSON Twp., SECTIONS 9 & 18

Tracts 1 & 2 - 155 Acres, 23928 Dawkins Rd., Woodburn

Tract 3 - 40 Acres, 3000 Block of SR 101 1 mi. south of Dawkins Rd.

AUCTION LOCATION

WOODBURN COMMUNITY CENTER

22651 Main Street @ The Firestation

TRACT DESCRIPTIONS

Tract 1: 82 ac ALL TILLABLE LAND. This tract has nearly 750 feet of road frontage along Dawkins Road and nearly 1500 feet of frontage along Rorick Road. The Soils are all Hoytville Silty Clay.

Tract 2: 73 ac ALL TILLABLE LAND. This tract has over 1000 feet of road frontage along Dawkins Road and 1/2 mile frontage on Morgan Road and over 1000 feet of frontage along Rorick Road. The Soils are mostly Hoytville Silty Clay with a couple of pockets of Nappanee Silty Clay.

The Buyer(s) of Tracts 1 and 2 shall reimburse Dean Gerig the amount of $285 per acre for input costs for the 2014 crop. This shall be done at closing.

Tract 3: 40 ac ALL TILLABLE LAND. This tract has nearly 1300 feet of road frontage along SR 101. The Soils are all Hoytville Silty Clay.

Buyer of Tract 3 shall receive 50% of the Landlord ft.s share of the cash rent on 40 acres. Payment shall be made by Tenant Farmer on December 1, 2014.

ONLINE BIDDING AVAILABLE: You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Kevin Jordan at Schrader Auction Co. - 800-451-2709.