Jeff Boone Auction Realty Logo 2024

Land Auction – 131 +/- Acres in Henry County, IN

May 13, 2024

6:00 pm

Online on Monday, May 13th @ 6 PM

Property is located at the Southwest corner of State Road 38 & County Road 850 E in Henry County. In between New Castle & Hagerstown.
Contact Auctioneer Doug Fairchild (765)524-3305 or Realtor Caleb Cleek (765)635-9861 with any questions on this property.

Real Estate Terms & Conditions: 131 Acres Online Land Auction – New Castle, IN 

Property Address: Parcel # 331324100102000020

“Addendum A”

Auctions Terms of Sale and Conditions

Auction Date: Monday, May 13th, 2024 @ 6 PM EST

  1. There is NO buyers premium charged to the final bid price of the Real Estate.
  2. Parcels sell with the confirmation of Seller(s)
  3. A 5% non-refundable deposit is required on Tuesday, May 14th via check made payable to Jeff Boone Realty. This payment will be held in a non interest bearing account and applied toward the purchase price at a successful closing. This is a nonrefundable deposit unless by default of the Seller(s). The sale of the real estate is not contingent on financing, so it is advised that the purchaser make financial arrangements prior to bidding. The balance of the purchase price is due in cash at closing via a wire transfer or as required by the Title Company.
  4. Real Estate Closing to take place within 45 days of auction or when insurable title is available.
  5. A Title Insurance Policy will be issued by a company of the auctioneer’s choice. Seller and purchaser will split closing costs of sale 50/50. Any cost associated with purchaser financing is at the expense of the purchaser only.
  6. Any surveys requested or required are to be at the expense of the buyer(s). When the new survey is ordered, the survey will be ordered by the Auction Company or its designated agent, and will be for the perimeter only. No information, data, or discussion is permitted by the surveyor and the buyer(s) or buyer(s) agent without authorization from the seller, auction company, or real estate broker.
  7. Farmer has 2024 crop rights. Possession of the property will be after the farmer has finished harvest.
  8. Taxes will be prorated to the day of closing.
  9. If Separate owners are represented at this auction, then the terms and conditions apply to all parcels. Bidding increments are at the discretion of the auctioneer and may vary.
  10. All Real Estate and property is sold As-Is without any warranty. Agent and Seller(s) make no assurances to the ability to obtain any zoning or building permits of any kind. Your bids are to be based solely upon your inspection. The sellers, auction company, real estate broker, and their representatives make NO warranty with regard to zoning classifications, specific purpose or use restrictions, easements or deed restrictions, availability or location of utilities; availability of building, driveway, water or septic permits; or any information or materials provided by any third party regarding the auction property. 
  11. Parcels will be sold by the dollar and not by the acre. Parcels were created by using the County Beacon GIS online mapping website and acreage amounts are approximate and as accurate as the system will allow. Parcel acreages are not guaranteed and no price adjustments will be made for variations in amounts. 
  12. The Auction company, Broker, or owner(s) are not responsible for accidents. Information has been provided via various printed and electronic media for the bidders’/potential buyers’ review. Although this information is deemed to be reliable, it is NOT guaranteed, and should NOT be substituted for the bidders’/potential buyers independent verification and investigation of the property. The auction company and its agents including real estate broker(s) disclaim any warranty or liability for information provided.
  13. At the close of the auction or within 24 hours of its completion, the high bidder(s) will be required to execute a purchase contract in the form of the Agreement to Purchase Real Estate, Addendum A, and if applicable(Lead Based Paint Disclosure, and Sellers Residential Real Estate Disclosure). These terms and documents are non-negotiable. Time is of the essence. All terms and conditions of the Agreement to Purchase Real Estate and Addendum A shall survive the closing. If any provision of the Addendum A is inconsistent with a provision of the Agreement to Purchase Real Estate, the provision of the Addendum A shall prevail and control.
  14. Jeff Boone Auction and Realty and its agents and representatives, including real estate broker(s) are the exclusive agents of the sellers.
  15. Seller and Buyers agree to take actions as requested to facilitate the closing of the sale including, but not limited to accommodating access by various vendors as may be required(i.e. surveyors, appraisers, etc….)
  16. Buyers attest that they _____(have)   ______(have not) entered into a buyer’s agency agreement with a real estate brokerage firm other than Jeff Boone Realty.  



670 XC670 XC
00:56 13 Dec 23
Nice place,never had been there before
Susan SchroederSusan Schroeder
01:39 12 Dec 23
Would highly recommend this company. Gunner and Caleb worked tirelessly to organize and catalog all the items in my late husband’s workshop. They know tools and equipment and were able to identify and label even the most obscure items. They have a large customer base and are the best choice to help you get top dollar. In addition to their professionalism - you will not find more caring decent young men. I will be forever grateful to them for their kindness at such a difficult time. They are the best.
13:26 10 Dec 23
Class A auction, stayed on track with minimal local interference.Excellent communication.EvanForTrex Nutrition LLC
Amber JohnsonAmber Johnson
20:29 09 Dec 23
Very helpful and friendly auction staff!
zachary kellyzachary kelly
18:55 09 Dec 23
I had a discrepancy on a bid I placed called in and spoke with Caleb he watched the online bidding and saw the same issue Caleb helped me resolve the issue great customer service
AJ StewartAJ Stewart
17:00 30 Nov 23
I have bought and sold with Jeff and the crew in 6 different auctions. Have had a great experience every time. Highly recomended.
Chris ChrismondChris Chrismond
17:04 17 Nov 23
Caleb was so kind and attentive. Helped walk us through the process of selling our home with multiple back and forth conversation with the buyer. Would highly recommend!
lee, thomaslee, thomas
00:41 26 Sep 23
We took our vehicle there to sale. We had a easy and quick check in, everyone was extremely friendly and helpful. Our car didn’t sale but it wasn’t because of them. When we had to pick up our vehicle they were very accommodating and flexible in making a time to pick it up.
Erika OstrowskiErika Ostrowski
18:50 18 Sep 23
Jeff Boone is a great example of a well organized auction house. Always friendly staff and questions answered promptly and respectfully. I've bought and sold with Jeff Boone and would recommend any one to give them a try.
Spencer BaledgeSpencer Baledge
16:52 09 Sep 22
Great staff, goes above and beyond to draw in a good crowd and awesome items. Have personally sold items here on consignment and couldn’t be happier with the results! Thanks for the great service Caleb, Gunner, and Jeff!
Jason Lisa MillerJason Lisa Miller
22:54 12 May 22
Their inventory was outstanding. I wish I could have been there live, but I was still able to obtain some things I have been looking for at a reasonable price on-line.
joe welchjoe welch
15:01 20 Mar 22
Great service! Bought from more then 500 miles away. They were great to work with! Thank you
Kenny HilbertKenny Hilbert
15:30 12 Mar 22
I should have give them a five-star rating from the start it was just one of those days I have been going to Mort's auction field since the mid-90s watch it grow to at least three times the size that it was then have got a lot of wonderful great deals at great prices they've always been wonderful to me keep up the good work guys keep making it better I never miss an auction with you guys anymore
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