Curran Miller Auction/Realty, Inc.
Commercial Real Estate
REAL ESTATE AUCTION
68.7+/- ACRES OFFERED IN 4 TRACTS
HUNTINGBURG, DUBOIS COUNTY, IN
TUESDAY APRIL 17 @ 6 PM (CDT)/7 PM (EDT)
The undersigned auction company has been authorized to sell real estate belonging to Betty Ann Brunsman (widow of the late Robert E. Brunsman), Denise A. Gentry & Donovan E. Brunsman on the above date as follows:
PROPERTY LOCATION: The real estate is located on the south side of 19th Street, just east of CR 400 W on the northwest side of Huntingburg, IN.
AUCTION LOCATION: YMI Center located at 421 N. Van Buren Street, Huntingburg, IN
SHOWING DATE: Monday April 9 from 4 PM (CDT) /5 PM (EDT) until 6 PM (CDT) /7 PM (EDT). Showings at other times can be arranged by calling the auction company at 800-264-0601 or 812-474-6100.
REAL ESTATE: The real estate consists of 68.7+/- acres and is strategically located in the heart of the new industrial and commercial region on the northwest side of Huntingburg, IN. The land is zoned I-2 (Industrial) and has all city utilities available to the site. Although this land is ideal for commercial or industrial use, the present use is for agriculture and is an ideal agricultural investment with excellent growth and appreciation potential. Nearly the entire farm is good quality tillable farm land that will generate a nice cash flow while the investor is waiting for the right development opportunity. The farm will be offered in 4 tracts as follows:
TRACTS 1, 2 & 3 consist of 7.1+/- acres each fronting 19th Street and have 563.29+/- feet frontage. These tracts front 19th Street and run south to the drainage ditch.
TRACT 4 consists of 47.4+/- acres that lies south of Tracts 1, 2 & 3 and has 75’ frontage on 19th Street. In addition, there is an access easement running north from 12th Street to give access across the railroad track to Tract 4 from the south.
FREEDOM TRACT AUCTION METHOD: Bidders will have the Freedom to bid on any individual tract, any combination of tracts or the entire parcel at any time during the auction. All bids remain open until the competitive bidding is exhausted. The real estate will sell in the manner creating the highest price.
POSSESSION: The land will be available for immediate possession to plant the 2012 crop.
SURVEY: If the property sells in a configuration that requires a survey to generate a proper legal description with which to convey the property, sellers will provide the survey.
AUCTIONEERS NOTE: This real estate auction represents one of the most exciting investment opportunities in Dubois County in a long time. Plan on investigating this outstanding parcel of investment property.
TERMS: A deposit equal to 10% of the purchase price will be required on day of auction with the balance due within 30 days. The sale is subject to owner’s approval and the approval of the Federal Bankruptcy Court.
OWNERS: Betty Brunsman (widow of the late Robert Brunsman), Denise Gentry and Donovan Brunsman
Joseph M. Black, Trustee for the Donovan E. Brunsman Bankruptcy.