|
320 ACRE LAND AUCTION
Property to be sold in 6 Tracts, any combination, or as a Whole Huff Township, Troy (Tell City Area)
SPENCER COUNTY
Randall & Hersha Huff will offer for sale the following 320 acres m/l, Pasture and Recreational land located in Huff Township, Spencer County, off of State Road 66 & 1250 E (Santé Fe Rd). From US Hwy 41 and I-64, travel east to exit # 63; turn right onto Hwy 162. Hwy 162 becomes Hwy 245; turn left onto Hwy 66; property will be on the left side.
WATCH
FOR JOHNNY’S SIGNS!!!
Real Estate may be purchased prior to auction.
Thursday,
October 28, 2010
2:00 PM
(Sharp!)
SALE LOCATION: Troy Community Building
From US Hwy 41 and I-64, travel east to exit # 63; turn right onto Hwy 162. Hwy 162 becomes Hwy 245; turn left onto Hwy 66; turn left onto IN-545/Main Street.
Troy Community Building is in the same building as the post office. |
|
|
|
|
|
 . |
Left click on the thumbnail pictures to make them larger. Hit your back arrow button to return to this page. |
|
|
 |
|
This is an Investment property for Rural Residential Development.
This property has a breathtaking view of the Ohio River; one could
build a castle a loft this
property.
This would make a wonderful cattle ranch with a $50,000 white rock road
going to the top of this large hill.
REAL ESTATE: The real estate consists of 320 acres m/l. There is a white rock road that is 6/10 of a mile. The property
was clear cut in 2009. There is a 50’ access. The real estate is
17 miles from Holiday World. East of Evansville and West of
Louisville.
TRACT ONE: 80 acres m/l.
Parcel Number:
74-09-12-200-001.000-013
Legal Description:
W1/2 NW 12 6 R4 80.AC
TRACT TWO: 48.07 acres m/l.
will share the lake riparian rights with Tract 4.
Parcel Number:
74-09-12-400-012.000-013
Legal Description:
PT NW SE 12 6 R4 3.25 AC
74-09-12-100-009.000-013
PT SW NE 12 6 R4 8.AC
74-09-12-200-008.000-013
SE NW 12 6 R4 40.AC
TRACT THREE: 51 acres m/l. also has ingress-egress from Santé Fe Road
Parcel Number:
74-09-11-400-030.000-013
Legal Description:
PT SE SE 11 6 R4 29.50 AC
74-09-11-400-026.000-013
NE COR NE SE SEC11 T6 R4 12.0000 A
TRACT FOUR: 75.75 acres
m/l. will share the lake riparian rights with Tract 2.
Parcel Number:
To be determined
Legal Description:
To be determined
Tract Five: 59 acres m/l.
will have a small pond and silo.
Parcel Number:
To be determined
Legal Description:
To be determined
TRACT SIX: 6.6 acres m/l.
Parcel Number:
74-09-13-200-001.000-013
Legal Description:
PT N1/2 NW 13 6 R4 6.75 AC
Note: All Tracts will have an easement to use the $50,000 white rock
drive to their property for ingress-egress.
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.
REAL ESTATE TAXES:
The
real estate taxes will be pro-rated at closing.
UTILITIES:
City Utilities available.
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 (See
Terms of Sale).
MINERAL RIGHTS: All coal, fire clay, gas & underlying minerals owned by the Seller will be transferred
to the Buyer, and we believe they own all of them.
SURVEY:
The Buyer will pay for Survey, if sold in tracts.
No Survey if sold as a whole
POSSESSION:
At closing.
SALE LOCATION: Troy Community Building, 335 Main Street, Troy, Indiana
EMAIL:
auctions@jswalls.com
AGENCY:
Johnny Swalls Auction, Inc. and its Representatives are Exclusive Agents
of the Seller.
AUCTIONEER’S PHONE:
812-495-6119, 812-249-5090 or Toll Free 1-877-696-5099
AUCTIONEER’S FAX: 812-696-5090
AUCTIONEERS/BROKER:
Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA
IN
#AU01026257, PB#20803178
Col. James R. Swalls - IN #AU09200044
|
 |
 |
