Neier Real Estate Auction – 5900 E County Rd 300 S, Greencastle 60 +/- Acres

This property is 60 acres +/- that will be auctioned off as 3 separate parcels.  Taxes for entire property are $1694 per year.

– Parcel 1 – 4.5 +/- Acres – includes the house & all barns

  • House
    • 1472 sq/ft
    • 2 bedrooms, 1 bath
    • built in 1900
  • Large Pole Barn
    • measures 40 x 120 – primary a dirt floor
    • has a separate workshop that has a cement floor
    • built in 1975
  • Large Red Barn
    • measures 24 x 60
    • built in 1983

– Parcel 2 – 20.5 +/- Acres – primarily wooded

  • It has been estimated that the timber value is at least $12,000

– Parcel 3 – 34.5 +/- Acres – tillable land

  • approximate cropland is 25.71 acres
  • soil types – XeB2, Ch, MgD3

Open House Dates – house and property inspections are welcomed on the following dates.  

August 10th – 5:00 pm – 7:00 pm

NeierFarm with Border

Terms of Sale

  1. Property will be sold As-Is
  2. A 10% buyers premium will be added to the sale price
  3. Successful bidder(s) will be required to have 10% of the purchase price for a non- refundable escrow deposit (Cashier Check or Visa/Master Card ONLY – No Personal Checks)
  4. Closing will occur on or before September 20th, 2016
  5. Possession will be given day of close
  6. All taxes will be prorated to the day of closing.
  7. Owner’s Policy of Title Insurance & Deed preparation will be furnished by the seller
  8. Closing fee will be split between the seller and the buyer
  9. Final bid is subject to the final confirmation of the seller.
  10. If property is sold as individual parcels the seller & buyer(s) will split the cost of a survey.
  11. Property will be sold as CASH

Driving Directions: from Mt. Meridian, IN, North on 525 East 1 mile, right on 300 South – .8 mile on right