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70 ACRE LAND FARM LAND AUCTION William Batson will offer for Sale, at Auction, 70 Acres m/l located in Section 15, Township 9N, Range 10W, Sullivan County, Fairbanks Indiana. The property is one half mile east of Highway 63 on paved County Road 925 N. From Fairbanks turn east on County Road 925 N; the property is on the south side of the road. WATCH FOR JOHNNY'S SIGNS!! THE BUYER MAY PURCHASE THIS REAL ESTATE PRIOR TO AUCTION |
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WEDNESDAY, MARCH 5, 2008 3:00 PM (SHARP!) OWNER: WILLIAM BATSON SALE LOCATION: FARMERSBURG FIREHOUSE 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, March 4, 2008 at 12:00 Noon. First accepted Offer Buys. |
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| REAL ESTATE:
The real estate consists of 70 acres of which 66 are tillable and 4
acres are wooded. The property has an excellent location for a building
site and is prime farm ground with fertile Reesville and Ragsdale soils.
The topography of the ground is level. The Buyer will receive possession
of the land the day of the sale and may farm this season.
PARCEL NUMBERS: 77-03-15-000-021.000-006; 77-03-15-000-023.000-006; 77-03-15-000-024.000-006 LEGAL DESCRIPTION: PT CEN PT S1/2 S1/2 30.72AC, CEN PT S1/2 S1/2 18AC; E PT SW SE 14AC, PT NW SW SE 3.28AC; E PT SW SE REAL ESTATE TAXES: The real estate taxes are approximately $19.91 per acre per year and 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. The Buyer will pay for the recording of his/her 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: The Buyer will pay for the Survey, if one is needed, and Survey will be completed after Closing. MINERAL RIGHTS: All Underlying Minerals, Coal, Fire Clay, Methane Gas etc., owned by the Seller will be transferred to the Buyer. POSSESSION: Possession day of Auction. AGENCY: Johnny Swalls Auction, Inc. and its Representatives are Exclusive Agents of the Seller. FOR PRIVATE SHOWING CALL: Sale Coordinator, P.J. Bezy 812-696-5099 SALE LOCATION: Farmersburg Firehouse, Farmersburg, Indiana. PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD. |
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PHONE: 812-495-6119 FAX: 812-696-5090 E-MAIL: auctions@jswalls.com AUCTIONEER: Col. Johnny Swalls CAI, AARE, GPPA, CAGA, CREA IN #AU01026257 |
jswalls.com |
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