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SOLD!!! PRIOR TO AUCTION $198,273.00 ($4,847 Per Acre) SOLD!!! THANK YOU!!!
40.91 ACRE LAND AUCTION
2 Tracts
LEWIS,
INDIANA
38.5 Tillable
jswalls.com
VIGO COUNTY
jswalls.com
Harold Coker Jr. and Mary Coker will offer for sale the following real estate located in
Section 27, Township 10N, Range 8W, Pierson Township, Northwest of Lewis, In.
From the junction of US Hwy 41 and St. Rd. 246 travel east approx. 5.5 miles. Property is on the North side.
WATCH FOR JOHNNY’S SIGNS!
BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION
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Wed, Feb. 23, 2011
2:00 P.M. (SHARP!)
Sale Location:
Johnny Swalls Auction, Inc. Office
111 W. Main St., Farmersburg, IN
NOTE: This property may be purchased prior to auction by contacting Johnny Swalls with an offer and the Seller will act on the offer.
The deadline for making this offer is Tuesday, Feb. 22, 2011 at 12:00
Noon.
First
accepted Offer Buys.
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PLEASE CALL TO SEE IF THE PROPERTY HAS SOLD PRIOR TO AUCTION
REAL ESTATE: This real estate consists of 40.91 acres m/l located in Lewis, Indiana on State Road 246. This property has 38.5 tillable acres. The soils consist of Cory (Co) which produces approx. 185-190 bu of corn;
Iva (IvA) which All previous shown bushels shown here is an estimate made by Johnny Swalls, and this is his opinion only. This farm has typically produced 160 to 165 bushels of corn. Buyer may farm tillable acres in 2011.
TRACT ONE:
5.91 Acres, Tillable land on the northeast corner.
LEGAL DESCRIPTION:
S PRT SE D-432/842 & 200116273 27-10-8 5.91 AC
TRACT TWO:
35 Acres with 32.5 tillable and ingress/egress from St. Rd. 246
LEGAL DESCRIPTIONS: IN MID S SIDE S-1/2 SE D-432/842 & 200116273 27-10-8 19.500 AC; IN MID S SIDE-1/2 SE D-432/842 & 200116273 27-10-8 15.50 AC
REAL ESTATE TAXES on the property are approximately $21.94 an acre per year. The taxes will be pro-rated at closing.
TERMS OF REAL ESTATE: The Successful Bidder will deposit 10% of the contract purchase price (except for exempt entities) at the auction in the form of cash, cashier’s check or approved personal check or company check with bank letter of guarantee (no bank drafts). The Buyer will sign a non-contingent real estate contract with the balance due in 30 days or thereafter within 5 days of presentation of insurable title. The Real Estate will be sold “AS-IS” with no warranty, expressed or implied, but will be free and clear of any liens or encumbrances. An ALTA 2006 Title Insurance Commitment in the amount of the contract price will be supplied to the Buyer by the Seller and Seller shall pay for title search, premium for owner’s policy and cost to correct any title defects. If obtaining a loan, the Buyer shall pay the mortgage policy and recording of necessary documents. The Auction will conclude when the Auctioneer determines that all buyers have made their best and final offers. Anyone desiring to bid must be approved prior to sale by Johnny Swalls. Any statements made by the Auctioneer day of sale or during the sale take precedence over any oral or written heretofore.
BUYER’S PREMIUM: The Buyer will pay a 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price. The Buyer is only required to pay 10% down, of the contract price, day of sale.
SURVEY INFORMATION:
The Buyer will pay for Survey, if one is needed and shall not delay
closing.
POSSESSION: At closing and not before. Buyer may farm tillable acres in 2011.
FOR SHOWING, CALL: 812-495-6119 or 1-877-696-5099
EMAIL: auctions@jswalls.com
AGENCY: Johnny Swalls Auction, Inc. and its Representatives are
Exclusive Agents of the Seller.
AUCTIONEER/BROKER: Col. Johnny Swalls,
CAI, AARE, GPPA, CAGA, CREA, IN AU01026257, PB20803178
AUCTIONEER: James R. Swalls AU09200044
706 REAL ESTATE PARCELS SOLD OF THE LAST 717 LISTED.
A FULL TIME CERTIFIED AUCTION SERVICE! |
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