ALSMAN LAND AUCTION
Thursday August 11th at 10am
Auction Location: Greene County Community Event Center, (Greene County 4-H Fairgrounds),
4503 West State Road 54, Bloomfield, IN. 47424
---------PLEASE REFER TO THE ATTACHED DETOUR MAP FOR DIRECTIONS TO AUCTION SITE AS THERE IS CONSTRUCTION GOING ON AND THE STATE HAS CLOSED PART OF HIGHWAY 54. ALSO, WE WILL HAVE AUCTION SIGNS & PERSONNEL WITH DETOUR MAPS TO ASSIST YOU AT 2 LOCATIONS ON HIGHWAY 54 -------------------
* 159.179 Acres m/l - Land * Offered in 4-Tracts * 131.42 Acres m/l Cropland
HELP YOURSELF, DON’T LET THIS ONE PASS YOU BY, POSSESSION GIVEN AT CLOSING!!
The Alsman Family is offering this land at a Live Auction ONLY.
The following tracts will have a “Published Minimum Opening Bid” (PMOB):
Tract #1 - 45.979 acres m/l of land = $161,000
Tract #2 – 30.0 acres m/l of land = $105,000
Tract #3 – 29.20 acres m/l of land = $103,000
Tract #4 – 54.0 acres m/l of land = $189,000
Seller: Freddy J. Alsman & Rosemary Alsman, Trust - Floyd Alsman, P.O.A
Property Locations:
Stockton Twp (Tract #1) - S 35,T 7N, R 7W
Grant Twp (Tract #2) - S 20, T 7N, R 6W
Washington Twp (Tract #3) - S 13, T 6N, R 6W
Smith Twp (Tract #4) - S 23, T 8N, R 6W
Townships - Greene County, Indiana
Tenant Rights: Currently there is a lease agreement for a 3 year cash rent agreement that originally began on April 28, 2016 and that same agreement will terminate on November 1, 2018 or until the 2018 fall harvest is completed with NO fall tillage to be performed in 2018. The buyer(s) will be obligated to accept and to abide by the existing/current contract for the lease agreement between the Seller(s) and Tenant(s) at the present time, until it ends on November 1, 2018 or until the 2018 fall harvest has been completed.
Harvest Crops: The Seller(s) will be retaining the cash rent payments for the 2016 crop season. The buyer(s) will receive the remaining cash rent payments for 2017 & 2018 which are due as follows: 50% of yearly total on March 1, 2017 & 2018 and the remaining 50% of the yearly total on October 1, 2017 & 2018. The cash rent per acre is $250 or the yearly total cash rent payments are as follows: Tract #1 - $11,494.75, Tract #2 - $7,500, Tract #3 - $7,300 & Tract #4 - $13,500.
Possession: Seller(s) will grant possession of Tracts #1 - #4 at the closing and after the transfer of ownership of title. The buyer(s) will be obligated to accept and to abide by the existing/current contract for the lease agreement between the Seller(s) and Tenant(s) at the present time, until it ends on November 1, 2018 or until the 2018 fall harvest has been completed.
NOTE: All photos, maps, drawings, etc., are for illustration purposes ONLY; these should not to be interpreted as to the replacement of a certified survey pertaining to actual boundaries, easements, right-of-ways, etc.
To view a video, highlight and click on the link below to see a video of the 4 Tracts -
https://www.youtube.com/watch?v=sSibOaOuNXA&feature=youtu.be
