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REAL ESTATE:
The real estate consists of 424 Acres m/l located in Sullivan
County on County Roads 750N and 900E. The property has a large
lake, several building sites, woods with timber value and
pastureland.
Tract One:
Consists of 30.75 acres m/l and has access to County Road 750N.
This tract is mostly pine trees and good hunting with pasture.
Tract Two:
Consists of 50.69 acres m/l and has access to County Road 750N.
This tract also provides ingress/egress to Tract 3 & Tract 4 via
a 30’ easement and is mostly pine trees with some hardwoods.
Tract Three:
Consists of 40.68 acres m/l and has access to County Road 750N
via a 30’ easement from Tract 2. This tract will give an
easement to Tract 4. This tract is mostly hardwoods with some
pine trees.
Tract Four:
Consists of 40.60 acres m/l and has access to County Road 750N
via a 30’ easement from Tracts 2 & 3. This tract is mostly
hardwoods.
Tract Five:
Consists of 20.27 acres m/l and has direct access to County Road
900E.
Tract Six:
Consists of 16.19 acres m/l and has direct access to County Road
900E. There is a 60’ easement via an existing drive across the
north end of the tract providing ingress/egress to Tracts 7, 8,
10, 11, 12 & 13.
Tract Seven:
Consists of 36.54 acres m/l. This tract has ingress/egress to
County Road 900E via a 60’ easement across the north end of
Tract 6. This tract is mostly hardwoods with pockets of pine
trees.
Tract Eight:
Consists of 23.63 acres m/l. This tract has ingress/egress to
County Road 900E via a 60’ easement across the north end of
Tracts 6 & 7. This tract is mostly hardwoods with pockets of
pine trees.
Tract Nine:
Consists of 5.05 acres m/l and has direct access to County Road
900E. This tract is fenced.
Tract Ten:
Consists of 29.01 acres m/l. This tract has riparian rights to
the large lake and is mostly pasture with some trees. This tract
has access to County Road 900E via a 60’ easement across the top
of Tract 6.
Tract Eleven:
Consists of 14.97 acres m/l and has access to County Road 900E
via a 60’ easement across the top of Tracts 6 & 7. This tract is
pasture and some hardwoods.
Tract Twelve:
Consists of 21.65 acres m/l and has access to County Road 900E
via a 60’ easement across the top of Tracts 6 & 7. This tract
has riparian rights to the large lake, plenty of pasture, some
hardwoods and pockets of pine trees.
Tract Thirteen:
Consists of 25.44 acres m/l. This tract is mostly hardwoods and
has access to County Road 900E via a 60’ easement across the top
of Tracts 6, 7 & 8.
Tract Fourteen:
Consists of 28.06 acres m/l and has access to County Road 900E
via a 30’ easement from Tract 16. This tract has riparian rights
to the large lake, plenty of pasture and some hardwoods.
Tract Fifteen:
Consists of 11.02 acres m/l and has access to County Road 900E
via a 30’ easement across the top of Tract 16 which also
supplies ingress/egress to Tract 14. This tract is pasture.
Tract Sixteen:
Consists of 19.15 acres m/l. This tract is pasture and has
direct access to County Road 900E. There is a 30’ easement
across the top of this tract that provides ingress/egress to
Tracts 14 & 15.
Tract Seventeen:
Consists of 9.81 acres m/l. This tract is pasture land and has
direct access to County Road 900E. This tract is fenced.
PARCEL NUMBERS:
77-01-24-000-001.000-013; 77-01-25-000-001.000-013
(Original parcel numbers)
LEGAL DESCRIPTION: To be determined.
REAL ESTATE TAXES: 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. 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.
MINERAL RIGHTS:
We are selling the surface only. If any underlying minerals,
etc., are owned by the Seller they will be transferred to the
Buyer.
RIPARIAN RIGHTS: Any body of water on a survey
line within these 17 tracts shall have riparian rights.
SURVEY:
Any Survey costs will be paid by the Buyer or Buyers.
NOTE: The bridge on the easement has not been
certified to its integrity. The persons using the easement shall
be responsible and hold the Surveyor, Auction Company,
Auctioneer and the Sellers harmless.
POSSESSION:
Possession at Closing.
FOR PRIVATE SHOWING CALL:
812-696-5099 or 812-495-6119
AGENCY:
Johnny Swalls Auction, Inc. and its Representatives are
Exclusive Agents of the Seller.
SALE LOCATION:
Clay County 4-H Fairgrounds, 6650 N. St. Rd. 59, Brazil,
Indiana, located
between Interstate 70 and US Highway 40 on State Road 59
on the East side of the Highway.
AUCTIONEER’S PHONE:
812-495-6119, 812-696-5099
FAX:
812-696-5090
E-MAIL:
auctions@jswalls.com
AUCTIONEER:
Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA
IN
#AU01026257
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