BUYER MAY PURCHASE PRIOR TO AUCTION!
Sears J A Enterprises Inc and Sears J A Inc will offer for sale:
83.845 acres m/l in Vigo County just off US Highway 41
1240 Fort Harrison Road Terre Haute, IN and 4331 US Highway 41 N Terre Haute, IN
Thursday, May 23, 2019 @ 2 P.M or before because the buyer may purchase prior to auction.
Auction Location: Holiday Inn, 3300 US 41, Terre Haute, IN 47802
This property may be purchased prior to Auction by contacting the Auctioneer with an offer and the Seller will act on the offer. The deadline for making this offer is: May 22, 2019 by 12 NOON
DIRECTIONS: From the intersection of I-70 and US Highway 41 (3rd street), turn north on US 41, follow US 41 North to Fort Harrison turn right or East. Watch for Johnnys signs!
This Real Estate of 83.845 acres is located just off of US Highway 41. There are two ingress/egress entrances off Fort Harrison Road. There is lots of water and good fishing.
There are 2 common addresses for the parcels: 1240 Fort Harrison Road Terre Haute, IN and 4331 US Highway 41 N Terre Haute, IN
Parcel Numbers: 84-06-03-300-002.000-002 ; 84-06-03-100-008.000-002
Terms: The Successful Bidder will deposit 10% of the contract purchase price (minimum $1,000, except for exempt entities) at the Auction in the form of cash, cashier’s check, approved personal check or company check with bank letter of guarantee (no bank drafts). The Buyers 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 Buyers 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 Buyers 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 on day of sale or during the sale take precedence over any oral or written heretofore.
Buyers Premium: The Buyer's will pay 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price.
Possession: At closing and not before.
Mineral Rights: An ALTA 2006 Title Insurance Commitment in the amount of the contract price will be supplied to the Buyer for the surface, if the Buyer desires a mineral search it will be at Buyers expense and shall not delay the closing. Mineral Rights: All underlying minerals, coal, fireclay, gas and oil rights owned by Seller will go to the Buyer, if any and without any warranty.
Survey: Buyer will pay for survey, if one is needed and shall not delay closing.
AGENCY: Johnny Swalls Auction, Inc. and it's Representatives are Excluve Agents of the Seller.
AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, GPPA, CAGA, CREA, AU1026257, RB14033902, AC30700074.
973 Real Estate Parcels Sold of the last 990 Listed!!