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85 ACRE LAND AUCTION, PARKE COUNTY, INDIANA |
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THE BUYER MAY PURCHASE THIS REAL ESTATE PRIOR TO AUCTION 1031 EXCHANGE-WELCOME 2 TRACTS JUST NORTH OF VIGO/PARKE COUNTY LINE WRP & NON-WRP LAND The Giacoletti Bros. will offer for sale, at Auction, the following 85 acres m/l, in 2 tracts, Section 35, Florida Township, Parke County, Indiana. This property is just north of the Vigo/Parke County line and west of US 41 on Villarosa Road. WATCH FOR JOHNNY’S SIGNS |
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WEDNESDAY, AUGUST 22, 2007 3:00 PM (SHARP!) Best Western Inn, Terre Haute, IN Owner: Giacoletti Bros. NOTE: This property may be bought prior to auction by contacting Johnny Swalls with an offer and the Seller will act upon the offer. The deadline for making this offer is Tuesday, August 21, 2007, at 12:00 Noon. First Accepted Offer Buys! |
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REAL ESTATE: Tract One: Consists of 55 tillable row crop acres; soil is Elston (EoA) and Westland (Wo); the topography is level. The Buyer will receive $1,500. from the Seller, at closing, instead of their share of the 2007 crop. Tract Two: Consists of 29 acres located in the Wabash River bottom area of which 10 acres are WRP (Wetland Reserve Program). This property is excellent hunting, recreational and woodland. The property has Wabash River frontage. Lots of wildlife. PARCEL NUMBERS: 61-13-35-000-110.000-003; 61-13-35-000-133.000-003 LEGAL: 015-00951-00 PT NE 35-14-9 55.47 ACRE; 015-00951-02 PT NW 1/4 & NE 35-14-9 29.02 TOTAL AC (9.97 WETLAND 19.05 REG). REAL ESTATE TAXES: The real estate taxes are approximately $10.20 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. MINERAL RIGHTS: Any underlying mineral rights, fire clay, coal, methane gas, etc. owned by the Seller will by transferred to the Buyer. POSSESSION: Tract 1 will be after removal of 2007 crops (55.47 acres); At closing on Tract 2 (29.02 acres). SURVEY: The Buyer(s) will receive copies of the Survey at no cost. AGENCY: Johnny Swalls Auction & Appraisal, Inc. and its Representatives are Exclusive Agents of the Seller. FOR PRIVATE SHOWING CALL: PJ, Sale Coordinator 812-495-6119 AUCTIONEER’S PHONE: 812-495-6119 
FAX: 812-696-5090 E-MAIL: johnnyswalls@joink.com AUCTIONEER: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA IN#AU01026257 |
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570 Real Estate Parcels Sold of the last 576! Full Time Certified Auction Service! |
