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Thursday, December 20, 2007 at 5:30 P.M.

Owner: Betty Brown


Lester T. Miller
Kokomo, IN

Allen Miller
Amboy, IN

Property location: US 31 north of Kokomo, IN approx. 6.5 miles to Miami C.R. 1350 S. then east to 307 W. 1350 S.

Auction Location: S.R. 18 to the west edge of Galveston, IN to Galveston Park Community building.


62 +/- Acres offered in five tracts
Clay Township- Maconaquah Schools -Miami County, Indiana
Tract 1: 46 acres +/- (mostly tillable.)

Tract 2: 2.4 acres +/- 3 bedroom home w/pole barn.

Tract 3: 2 acres +/- (mostly tillable.) Swing tract may only be              purchased by buyer(s) of tract 1 or 2

Tract 4: 10 acres +/- (mostly tillable)

Tract 5: 1.7 acres +/- with pole barn (potential building site)

Tract & soil map click here.
3 Bedroom home
Morton Pole barn
Corn crib/barn
Pole barn (tract 5)
3 bedroom country home on 2.4 acres up to 4.5 acres M/L. Features of this home include: living room, kitchen/dining room, 1.5 bath, part. basement, enclosed porch, central air & heat, Maconaquah Schools, mature trees, 45’X72’ Morton pole barn w/concrete & elec., n. gas, barn/corn crib; 

TERMS: Down payments: Tract 1- $18,000.00, Tract 2 -$8,000.00, Tract 4 -$5,000.00, Tract 5 -$5,000.00, is due on the day of the sale; balance due at closing. Your bid is not contingent upon financing, so be sure you have arranged financing ahead of time if needed. 

Method of sale: The property will be offered in tracts, combination of tracts, or as total unit. The sale is subject to confirmation of the sellers. 

POSSESSION: Improved property day of closing; tillable property after 08 crops are harvested. Cash Rent: Buyer (s) of tract 1 will receive $6,020.00; buyer (s) of tract 4 will receive $1,400.00; buyer (s) of tract 2 will receive $140.00 @ closing. 

TAXES: Seller will pay 07 taxes due in 08 for tracts 1,3, & 4. Tracts 2 & 5 will be prorated to day of closing. Buyer assumes all taxes & assessments thereafter.

Survey: Seller & buyer to share cost 50/50 of perimeter survey. 

CLOSING COSTS: Seller to pay title insurance in the amount of purchase price. Other closing costs will be shared equally between buyer & seller. 

Acreage: Acreages listed in brochures are estimates received from county records, FSA, and/or aerial photographs. Measurements are approximate. 

EASEMENT: Property is subject to any and all easements of record. 

DISCLAIMER: The property is to be sold AS IS, WHERE IS, NO WARRANTY, or representation, either expressed or implied, is made by the seller or auctioneers. Each potential bidder is responsible for conducting their own inspections. Announcements made day of auction take precedence over any previously printed material or any other statements. 

AUCTIONEER’S NOTE: For information concerning this property call auctioneers.




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Last modified: May 29, 2007