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  • STARTOct 30th - 6:00pm

  • VENUEEmery Lee Auditorium in Beulah Park

Madison County, Indiana Real Estate Auction

SOLD! $5,650.00 PER ACRE


MONDAY, OCTOBER 30, 2017 AT 6:00 P.M. (EDT)

Auction Venue: Emery Lee Auditorium in Beulah Park • 613 S Park Ave. • Alexandria IN 46001

Inspection Dates: 
Thursday, October 5 from 4:00 P.M. – 6:00 P.M.
Saturday, October 28 from 10:00 A.M. – 12:00 Noon




Location & General Information

This real estate is located at 353 W. 700 N., Alexandria, Indiana (4 miles south of Alexandria, IN; 8 miles north of Anderson, IN).  From Alexandria, travel south on St. Rd. 9 approximately 3.5 miles to County Rod. 700 N., turn right (west) on 700 N and travel .5 miles to farm.

The property is further described as being in Section 12, T20N•R7E, Lafayette Township, Madison County, Indiana.


  • This farm has approximately 83 acres ± of tillable farmland.l This farm has approximately 83 acres ± of tillable farmland.l
  • Improvements include a single story home featuring 3 bedrooms, 1 bath, large front deck, LP heat with wood stove, AC, large mature trees and a long lane with a nice setting.  Other improvements include 3 outbuildings, ideal for livestock or 4-H projects.
  • This farm has been in the Pierce family for over 100 years!
  • Access is along the north by County Rd. W 700N.


This farm has been in the Pierce family for over 100 years!


Method: This property will be sold on a price per acre basis, based on 89.845 surveyed acres. The boundaries in this advertisement are estimated and have been acquired from the current legal description and/or aerial photos.

Purchase Agreement: The purchase agreement will control the terms of the sale and purchase of the real estate.

Down Payment: The successful bidder will be required to pay a 10% down payment and execute the Purchase Agreement on sale day. The balance will be due at closing. The down payment can be in the form of a personal check, cashiers check or corporate check. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. Please be sure you have arranged financing, if necessary, and are capable of paying cash at closing.

Deed: Seller shall provide a warranty deed.

Evidence of Title: Seller shall provide an owner’s Title Insurance Policy to the successful buyer in the full amount of the purchase price.

Closing: The balance of the purchase price is due at closing, which shall take place on or before December 15, 2017. Any closing fees due to the closing agent will be shared (50/50) between buyer and seller.

Possession: Possession will be given at closing, subject to the tenants rights for the 2017 crop.

Taxes: The 2017 taxes, due and payable in 2018, will be paid by the seller.

Survey: A survey was completed in October of 2015.

Agency: Sullivan Auctioneers, LLC and their representatives are exclusive agents for the sellers.

Disclaimer of Errors & Omissions: All information contained in this brochure and all other printed material are subject to the terms and conditions outlined in the purchase agreement. All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.












The Pierce Farm Trust

Gary Pierce, Tim Pierce & George Pierce – Executors

Auction Manager: Zach Hiner (260) 437-2771
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October 30, 2017
6:00 pm - 11:55 pm
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Emery Lee Auditorium in Beulah Park
613 S Park Ave., Alexandria, IN, 46001, United States.
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