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THEN
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We are currently in first-round bidding, meaning you can only bid on individual tracts.
During tonight's auction, the auctioneer will establish a bid for each tract in the first round.
The auctioneer will then open second-round bidding, where the bidder(s) will be able to place combination bids of up to the entirety (all 7 tracts.)
At that time a bidder may raise their bid on any individual tract to stay in a winning position.
If you have any problems placing bids call
812-474-6100, 812-457-2446, or 812-774-3306
136+/- Acres offered in 7 Tracts & Combinations
Click Here to View Live Auction
State Rd 162 (Christmas Lake Blvd), Santa Claus, IN
LIVE Auction with Online Bidding Option:
Tues., Aug. 24th at 6 PM Central
Santa Claus Community Center
200 N Holiday Blvd, Santa Claus, IN
Showing:
Mon., Aug. 16th from 4-6 PM
Showings at other times can be scheduled by calling
the auction company at 812.474.6100.
REAL ESTATE INFO:
This land fronts Hwy 162 and adjoins the town of Santa Claus. Most of the land has access to the Santa Claus public water line and access to public sewer from the Christmas Lake residential development.
This is an outstanding opportunity to purchase your choice of acreage for your specific use…agricultural, residential (both single & multi-family), or commercial development. This property is located in a TIF district & there could be a tax incentive from the Town of Santa Claus for commercial development.
TRACT INFO:
Tract #1: Consists of 5.5 +/- acres with access on State Road 162 & Kasper Drive. Access on Kasper Drive may require a permit from the Town of Santa Claus. 4.3 +/- acres of this tract are tillable. The topography of both tracts 1 & 2 is gently rolling.
Tract #2: Consists of 5.5 +/- acres. Access on Kasper Drive may require a permit from the Town of Santa Claus. 4.2 +/- acres of this tract are tillable.
Tract #3: Consists of 24 +/- acres fronting State Road 162. This tract has a potential 5+/- acre lake site & 8.5 +/- acres are tillable. This tract would be an ideal site to develop the lake site and construct rental cabins. The site would also make a wonderful family retreat and the development of the lake site would offer outstanding recreational opportunities.
Tract #4: Consists of 5.6 +/- acres on State Road 162. 5.0 +/- acres are tillable. This is a beautiful potential homesite with plenty of room for horses and 4-H animals. The topography is ideal.
Tract #5: Consists of 5 +/- acres with an address of 395 W. Christmas Blvd. This tract is improved with a 1,789 sf., 3 bedroom, 1 bath home that is in need of significant repair. Remaining personal property will convey with the real estate. This parcel is further improved with a 22’ x 46’ pole barn & a 24’ x 24’ barn.
Tract #6: Consists of 30 +/- acres, 18 +/- of which are tillable, with access from State Road 162 & some frontage on Evergreen Lane. This tract has a small pond.
Tract #7: Consists of 60 +/- acres with a beautiful potential 13-acre lake site. The majority of this parcel is wooded with 12 +/- tillable acres. White Pine Drive dead-ends into the east property line of this tract offering additional access. The topography of this tract is ideal for the development of the potential lake site.
SIMULCAST AUCTION PROCESS:
The real estate will be offered in a simulcast auction, which is a live, on-site auction with real-time online bidding. Potential buyers can bid in the manner that is most convenient for them: either on-site at the live auction or online at www.curranmiller.com.
ABBREVIATED TERMS: A 6% Buyer’s Premium will be added to the high bid to establish the contract purchase price. A 5% earnest money deposit is due on auction day for on-site bidders and within 24 hours of auction conclusion for online bidders with the balance due within 45 days. The purchaser shall assume the real estate taxes due and payable in May 2022. Possession will be given at final closing, subject to the current tenant’s farm rights. The purchaser shall receive the 2021 cash rent. The seller will convey any mineral rights she owns. Any fee (typically $250 - $300) charged by a title company or escrow agent to close the transaction will be split evenly between buyer & seller. The real estate will sell absolute, regardless of price.
PROPERTY DIRECTIONS: The real estate is located on the south side of Hwy 162 immediately west of the town of Santa Claus, IN.
SELLER: Ms. Ruth Gellersen