SOLD!  37 & 38 ACRE TRACTS FOR $2,261.00 PER ACRE

$169,600.00

WE STILL HAVE 8 ACRES WITH HOME & BARN ON A LARGE LAKE.

PLUS 116 ACRES W/LAKE & WOODS.

 

 

200 ACRE REAL ESTATE AUCTION

NEW HOME w/NICE BARN

                  BUYER MAY PURCHASE PRIOR TO AUCTION

  COAL CITY, INDIANA

jswalls.com

 

Jim & Pat Gard will offer for sale a 2-story home with 200 Acres including 3 private lakes and a nice barn in Coal City, Indiana.  From the intersection of I-70 & Hwy 59, take Hwy 59 south to Clay City; take Hwy 157 to the south edge of Coal City.

                                                                                                                                                WATCH FOR JOHNNY’S SIGNS!

     

  

SATURDAY, OCTOBER 31, 2009-10:30 AM (Sharp!)

  REAL ESTATE  12:00 Noon     

           4842 ST. RD. 157 S.,  COAL CITY , IN           

 OWNERS: JIM & PAT GARD 

 

NOTE:  This property may be purchased prior to auction by contacting Johnny Swalls with an offer and the Sellers will act upon the offer. The deadline for making this offer is Friday, Oct. 30, 2009, at 12:00 Noon.

 

 

 

                      

 

 

 

 

 



THE REAL ESTATE WILL BE SOLD IN 3 TRACTS, ANY COMBINATION, OR AS A WHOLE.

 

 

REAL ESTATE:  The real estate consists of  200 Acres & includes a 3-year old, 2-story country home with a 3-car garage, nice barn, & three  private lakes. The 3 lakes total 19 acres.  There are 10 tillable acres and 140 Acres are classified forest & 49 acres of pasture land with newer planted trees.  The 10 tillable acres are shared between Tract 2 & 3.

Improvements include: A new white rock driveway $20,000.00, underground electric/phone/security system $14,000.00, water & septic system $20,000.00, fencing & gates $8,000, new north lake dam $8,000.00, pole barn (30’ X 40’ w/concrete floor) $15,000.

Enjoy an awesome view of a private lake, woods, & wildlife as you relax on a maintenance free 10’ X 50’ deck. If you enjoy the peace and tranquility of country living and mother nature at her best, you will want to own this property.

Viewing:  You may see property by parking at the gate, if locked, & walk the property.  If the gate is open, you may drive back to the home. No ATV’s.

 

Tract One: Consists of 124 acres m/l, 3-year old  barn, private lake & 3 year old, 2-story home. The home has 200 amp electric service, electric forced air heat,

central air conditioning, 3 bedrooms, 2 1/2 baths, security system, 3-car garage and beautiful landscaping.  You will enter the home through a 4’ wide staircase. The clean spacious eat-in kitchen includes a pantry, an island, an abundance of oak cabinets and counter space, with dishwasher, convection/conventional oven/range, built-in microwave, side by side refrigerator w/ice and water dispenser. The utility room includes a work counter, cabinets, and a washer & dryer. There is satellite wiring in all rooms but baths. Hunter ceiling fan in kitchen, bedrooms and living room.  The home has JELD-WEN tilt-in windows with Hunter Douglas built in window blinds and Kinetico Water system with reverse osmosis. An atrium door in the kitchen opens to the deck which continues the length of the second floor of the home. The 50’ X 30’ three-car plus garage is heated and has central air, security system, overhead door openers, 1/2 bath, utility sink, 3 units (3 tiers high) 4’x 8’ storage shelving, fluorescent lighting, paneling & dry wall, insulated doors, 8” thick exterior walls, 9’ ceilings, & work benches. The 30’x 40’ nice quality metal barn has a 10’x 20’ overhead door, security system, phone line, 200 amp breaker box, vapor barrier on sidewalls & under roof.

Other items staying with the home: The large rug in the living room; runner in the kitchen; in the main bath-the shower curtain and towels which match the border (extra border also); shower curtain in the master bath; new bunk beds & gas grill.

Tract Two: Consists of  37 Acres m/l, approximately 5 tillable with a large man-made lake, wildlife,  & trees.  This tract has frontage on State Road 157.

Tract Three:  Consists of 38 Acres m/l, approximately 5 tillable. This tract includes a large strip pit, trees, wildlife (deer, turkeys & etc.). This tract has frontage on two asphalt roads (State Road 157 & Daggett Road).

 

 

PARCEL NUMBERS:  To be determined if sold in tracts.                    LEGAL DESCRIPTIONS: To be determined if sold in tracts.                                REAL ESTATE TAXES:  The Real Estate 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.  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. 

REAL ESTATE 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:  Any underlying minerals, coal, fireclay, methane gas, and timber, etc., owned by the Seller will be transferred to the Buyer.              RIPARIAN RIGHTS: Each lake will be private to the Buyer.

SURVEY: Buyer will pay for any Survey that might be required.

NOTE: Sellers will retain the crop money (rent from the tillable acres) for 2009.                                                   ATTORNEY:  Robert D. McMahan                                         

FOR PRIVATE SHOWING CALL:  1-812-696-5099, 812-495-6119 or 1-877-696-5099                       AUCTIONEER’S PHONE: 812-249-5090                              E-MAIL:  auctions@jswalls.com

SALE LOCATION:   4842 St. Rd 157 S., Coal City, Indiana                                                                                      AUCTIONEER:  Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA IN  #AU01026257

651 Real Estate Parcels sold of the last 659.  A Full Time Certified Auction Service!

PERSONAL PROPERTY LISTED BELOW PICTURES

 

   

 

 

 

 

   






 

 

 

 

 

 

   
   

 

PERSONAL PROPERTY 

 

Massey Harris 1080 Tractor and Loader, Shows 3,865 hours, Perkins diesel 6 cylinder

engine, front end loader w/6’ bucket, multi-power (TA), power steering, dual hydraulics, PTO, wide front end, fenders, lights, 3 pt. hitch w/sway bars, like new rear tires (16.9-38)

Farmall-H 1949-50 Model, 4 good tires, power steering, gas engine

7’ Pull-type Bush Hog with trail wheels

6.5’ Pull-type Rotary Mower on rubber tires (mower built by Jay Shaw)

Single axle, pull-type, 10’ x 6’ steel utility trailer w/tilt bed, spare tire, manual winch

Allis Chalmers 8’ pull-type double gang hydraulic lift disk on rubber tires

Motor glide electric trolling motor

New 12 Volt battery

Like new Sun Dolphin plastic 2 man boat w/seats                              

6 Person blow-up raft

3 Rolls of “Z” plastic fence and plastic coated steel posts

Large folding camp table (folds up with carrying case)

Hot Point Coppertone refrigerator

Thermos 5 gal. water container

Wood burner stove

Brinkman LP gas turkey deep fryer                                                    

XTREME Kleen 17.75 h.p. and 1,650 PSI pressure sprayer

Antique Tiger Oak upright Beckwith piano (original finish)

Large, white, upright Sears Freezer                                                    

 

TERMS:  Cash preferred or approved check.  No Buyer’s Premium on Personal Property.   

EVERYTHING SOLD “AS IS, WHERE IS”

All items to be removed the day of sale.    

NOTE: This is all the items; the sale will last approximately 30 minutes.

AUCTIONEER’S PHONE: 812-495-6119, 1-877-696-5099 

NO LUNCH AVAILABLE  -  RESTROOM AVAILABLE

E-MAIL auctions@jswalls.com 

AUCTIONEER:  Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA  IN #AU01026257 

 

 

 

 

HOME