Lot # : 2 - Approx. 4.2 acres of vacant land

Real Estate Information Sheet for the Real Estate Public Auction of 40 Acres of Land & Residence Offered in 9 Parcels 20.3 Tillable Acres – 1 Parcel w/ 11/2-Story Dwelling 2 1/2 East of Brookville, IN From Brookville, go East on SR 252 2 miles, then South on Holland Road 3/4 mile to 8046 Holland Road, Brookville, IN. 47012 Located in Section 26 (T9N, R2W), in Brookville Township – Franklin Co., IN Offered in 9 Parcels – from 2.2 to 8.1Acres each Auction will be held at Whites Realty Office at White’s Farm 6032 Holland Road, Brookville, IN Saturday, August 27 - 2022 1:00 PM * Entire Farm is zoned AGRICULTURE – 2. All parcels are subject to the regulations of the Franklin County Area Planning Commission, located in the New Government Center at 1010 Franklin Ave. Brookville, Indiana. Director: Cindy Orschell. Tele # 765-647-5731 * Any new homes built on these properties will need septic approval from the Franklin County Health Department, located in the New Government Center at 1010 Franklin Avenue, Brookville, Indiana. Director: Deb Tibbets - Tele # 765-647-4322 * All tracts are in the Franklin County Community School District. Tele # 765-647-4128 * Electric is provided by Whitewater Valley REMC, 101 Brownsville Ave., Liberty, IN 47353. Tele# 765-458-5171. * Any new driveway must obtain permission from the Franklin County Highway Department. To inquire as to the possibilities of entrances, contact the Franklin County Highway, on Fairfield Avenue, Brookville, Indiana Tele # 765-647-4271. * No New Percolation Tests have been done on any of the vacant parcels. Any potential buyer may have these tests done at their own expense prior to the day of sale if they so choose. * Franklin County Water Association (9112 State Road # 1, Brookville, IN 47012) has a 3” Water Main along the East side of Holland Road. For more information concerning the possibility of municipal water, contact Steve Roemer at 765-265-3591. * The Franklin County Area Planning Commission must approve any further division of these parcels. * No Appraisal has been done on any of the individual parcels offered in this auction. Any potential buyer may have these appraisals done at their own expense prior to the day of sale if they feel the need for such appraisals. * Property has a Brookville, Indiana (47012) mailing address and a Brookville Indiana telephone exchange (765-647-????). * As part of the Restrictive Covenants, No Mobile Homes will be allowed on any of these parcels. Also, all dwellings on any of these parcels must contain a minimum of 1200 square feet of living area. * At the time of sale, the buyer of adjoining tracts will have the right to request the adjoining tracts to be transferred as one parcel (with one legal description) or as the multiple tracts as offered during the auction. Tract # 1 – Approx. 2.2 acres – w/ 2-story Dwelling built in 1900 - 1540 square feet & approximately 270’ of frontage along Holland Road Tract # 2 – Approx. 4.2 acres of vacant land (nearly all cleared land) w/ 30’ of frontage along the north side of parcel # 1. Tract # 3 – Approx. 4.0 acres of vacant land (mostly cleared land) w/ 30’ of frontage along the south side of parcel # 1. Tract # 4 – Approx. 4.6 acres of vacant land (both cleared and wooded) w/ frontage along the north side of parcel # 5. Tract # 5 – Approx. 2.2 acres of cleared land w/ approximately 200’ of frontage along Holland Road. Tract # 6 – Approx. 4.6 acres of cleared and partially wooded land w/ 30’ of frontage between parcels # 5 & # 7. Tract # 7 – Approx. 2.2 acres of cleared land w/ approximately 200’ of frontage along Holland Road. Tract # 8 – Approx. 8.1 acres of vacant land (both cleared and wooded) w/ frontage along the south side of parcel # 9 and the north side of parcel # 9. An electric utility easement runs along the south boundary of this parcel. Tract # 9 – Approx. 6.5 acres of vacant land (mostly wooded) w/ approximately 200’ of frontage along Holland Road. An electric utility easement also runs along the south boundary of this parcel. The buyers will agree and acknowledge: To accept the property “AS-IS” in the condition that it exists on the day of sale. As was customary several years ago, ravines were used as dumps for agricultural items used on the farms. This practice may have been used on this farm. The auction company wants all prospective buyers to know that if any such items are left on any of the tracts, (whatever and wherever they may be), the buyer will accept them without question or recourse. 2) Real Estate Taxes due in the fall of 2022 are to be paid by the seller, the buyer will assume and agree to pay the taxes due in the spring of 2023 and all taxes thereafter. 3) To purchase the sale acreage as an estimated acreage and agree to pay the purchase price per acre multiplied by the final survey acreage to determine the final sales price. 4) This sale is not contingent upon any appraisals or subject to approval of any type of financing. The buyer will agree to purchase the real estate as is and if in any event chooses not to close this real estate transaction, they will forfeit the down payment to the sellers. 5) Any existing easements will remain in with the property. Additionally, a 10’ underground utility easement will be reserved along the boundary lines of each parcel for the benefit of the adjoining parcels in case a utility company needs access to provide service to said parcel. 6) Seller will transfer title with a warranty deed. Any OWNERS TITLE INSURANCE POLICY necessary will be the financial responsibility of the buyer. 7) Payment on all tracts will be made as follows: 10% of the estimated final sales price down on the day of sale, and the balance within 60 days. 8) Possession of all parcels to be given at closing upon final payment. 9) Real Estate closings will be handled by Brenda Wilhelm Waggoner of Wilhelm- Waggoner & Bundy LLC, 424 Court Street, Brookville, IN 47012. 765-647 0488 THE PARCELS WILL NOT BE COMBINED AND OFFERED AS A WHOLE. If the buyer wishes to purchase the entire property, they must begin bidding when first parcel is offered. Order of Auction: A) All tracts will be auctioned by the acre. The high bidder will have the option of taking his or her choice of any of these tracts (or any combination of these tracts). The bid price per acre will be multiplied by the estimated acreage of the total of all tracts taken to determine the estimated sales price. If the high bidder selects only one or two of these tracts, the remaining tracts in this grouping will be offered in the same manner. This process will continue until all of tracts have been taken. B) After all of the tracts have been offered, the Owners will confirm (or reject) the sale of the property. Elizabeth Stivers Irrevocable Trust– OWNER DAVE WHITE Brookville, In. 765-647-5360 - AUCTIONEER (In, AUO1015949, Oh, 57199772539, Ky. RP 07139) - & REAL ESTATE BROKER (In. IB51239082, & Oh, 20040001184)