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TRACT 1:
The Real Estate consists of
42.5 acres m/l with a 6 acre stocked lake, woods, 12
fenced paddocks, 200 ft. x 300 ft. outdoor riding arena and
approximately a 30,000 Sq. Ft. barn with a 80 ft. x 220 ft.
indoor riding arena.
The barn includes 38
stalls consisting of: 32 ea. stalls 12 ft. x 12 ft. and 3 ea.
fouling stalls 12 ft. x 24 ft.
The stall floors consist of a four inch limestone base covered
with rubber mats. The isle of the barn is 12 feet wide concrete.
Each stall is equipped with industrial-grade stainless steel
Nelson automatic waterers. There are several non-freeze hydrants
throughout the interior and exterior. There are 2 bathrooms with
showers, 2 large tack rooms, an office and a lounge with kitchen
that has windows facing the indoor arena. The indoor riding
arena has a 6 inch limestone base, fibar/sand footing and a
slanted kick wall. The barn and the arena are attached, so
riders do not have to go outside in inclement weather to get
from one place to the other.
There is a large grassy area with some cross country
jumps. The barn and arena are heated and cooled.
The barn has underground electric, water well and septic.
Electric heat pump for heat and air conditioning. Both tack
rooms, restrooms, viewing room with
kitchenette, office are all heated and cooled.
NOTE:
SHARED DRIVE:
If Tracts are sold separately, Buyer/Buyers of Tract 1 will
share the driveway & maintenance cost with Buyer/Buyers of Tract
2.
Sellers will give $15,000.00 back at closing for fencing
allowance on Tract 1.
TRACT 2:This
vinyl sided 3 bedroom, 2 bath home on 1.5 acres m/l has a full
basement and composition shingle roof. The home has an electric
heat pump for heat and air conditioning. The property has
underground electric, water well and septic.
NOTE:
SHARED DRIVE-Buyer/Buyers make their own agreement as to
driveway maintenance cost with Buyer/Buyers of Tract 1.
For additional information & pictures go to
WWW.GREENGABLESSTUD.COM
If tracts are purchased separately, legal description will be
determined per survey.
PARCEL NUMBERS:
11-03-30-100-002.000-011, 11-03-30-200-006.001-011 &
11-03-30-100-001.000-011
LEGAL DESCRIPTIONS:
E 1/2 NW/4 30-12-7 20A, E PT NE/4 NW/4 30-12-7 4A & W 1/2
NW/4 NE/4 30-12-7 20A
REAL ESTATE TAXES
for Tract 1 and Tract 2 are approximately $4,682.24 per year.
The taxes 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 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.
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/Buyers will pay for survey, if one is needed.
POSSESSION: At
closing and not before.
FOR PRIVATE SHOWING CALL: 812-495-6119
or 1-877-696-5099
AGENCY:
Johnny Swalls Auction, Inc. and its Representatives are
Exclusive Agents of the Seller.
E-MAIL:
auctions@jswalls.com
AUCTIONEER/BROKER:
Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA
IN#AU01026257, PB#20803178
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