TRACT MAP WITH 12 TRACTS

FSA TRACT MAP OF TILLABLE GROUND

The real estate consists of  270 acres m/l, 106 tillable,  18.4 in CRP; the remainder 164 acres in woods, pond and lake.  The property will be sold in 12 tracts, any combination or as a whole. The property offers excellent hunting, a small pond and a cabin. There are several great home sites.

Tract One: 4.6 Acres, on asphalt CR 600 E with building site, driveway, electric, septic and water front.

Tract Two: 16.5 acres, 2 acres tillable, 2 acres woods, most of the lake and building sites. 

Tract Three:  4.0 Acres, 3 acres woods, 1 acre tillable and a small lake in the woods.

Tract Four:  29.2 acres, 12 acres tillable, 17.2 acres woods.

Tract Five: 12.2 Acres, 6 acres tillable & 6.2 acres woods.

Tract Six: 5.0 Acres, all woods. TRACT 6 SOLD!!!      $2,438.00 PER ACRE    THANK YOU!!!    TRACT 6 SOLD!!!

Tract Seven: 75.0 Acres, 31 acres tillable, 44 acres woods.

Tract Eight: 11.0 Acres, all woods. TRACT 8 SOLD!!!   $2,650 PER ACRE    THANK YOU!!!    TRACT 6 SOLD!!!

Tract Nine: 18.8 Acres, approximately 16.5 tillable, 2.3 acres woods and a creek.

Tract Ten: 36.1 Acres, all woods.

Tract Eleven: 48.1 Acres, 31.6 tillable, 16.50 woods.

Tract Twelve: 8.9 Acres, all woods.  TRACT 12 SOLD!!!    $2,650 PER ACRE   THANK YOU!!!   TRACT 12 SOLD!!!

Note: Every tract has road frontage. All acres are more or less until survey is completed. All tracts have wonderful hunting for deer and turkey.

 Johnny Swalls saw eleven turkeys on this property at 10:18 am on November 5, 2010.

SURVEY: The Buyer will pay for Survey if sold in tracts. If bought as a whole the Buyer will

receive a free survey.

PARCEL NUMBERS: To be determined.

LEGAL DESCRIPTION: To be determined.

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. All bids subject to Seller's approval.

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.

MINERAL RIGHTS: All fireclay & underlying minerals owned by the Seller will be transferred to the Buyer

except no gas, coal gas or oil rights to be conveyed to Buyer or Buyers.

POSSESSION: On tillable after 2010 crops are removed and possession on all other January 2, 2011.

CROP: Farm lease expires after 2010 crops are removed. Sellers are retaining income from 2010 crops.

HUNTING: Seller will pro-rate hunting lease to Buyer.

SALE LOCATION: Farmersburg Fire Department, 104 E. Heap St., Farmersburg, Indiana

REAL ESTATE TAXES: Will be pro-rated at closing.

FOR SHOWING, CALL: 812-495-6119 or 1-877-696-5099 EMAIL: auctions@jswalls.com

AUCTIONEERS/BROKER: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA,

INAU01026257, PB20803178, James R. Swalls AU09200044

695 REAL ESTATE PARCELS SOLD OF THE LAST 705 LISTED.  A FULL TIME CERTIFIED AUCTION SERVICE!