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106 ACRE RECREATIONAL LAND AUCTION 6 TRACTS BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION William Gustin will offer for Sale, at Auction, 106 acres m/l in 6 Tracts. The property is located in Section 15 of Cass Township off of County Roads 400 North and 700 East (Cass Blacktop) in Sullivan County, Indiana. From US 41 turn east on SR 48; go east 5 miles to Hymera, IN; Turn south on Church St (CR 550E), go 2 miles to CR 500N, Turn east; at the “Y” stay to the right (stay on blacktop, becomes 700 N) property is located on the west side of 700E. WATCH FOR JOHNNY’S SIGNS!!! |
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WEDNESDAY, MARCH 12, 2008 1:00 PM Sale Location-Hymera Ruritan Club Hymera, Indiana OWNER: WILLIAM GUSTIN Showing Date-Feb. 18, 2008 @ 4pm 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 11, 2008, at 12:00 Noon. First accepted Offer Buys. |
Click on the above map for a larger view of the Tracts. |
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| REAL ESTATE- The real estate offers excellent hunting
for turkey and deer. Some tracts have access to a large body of water. Tract One: 22.40 Acres located in Section 15 of Cass Township. This tract has ingress/egress from County Road 400 North. This tract is mostly woods and will share a common lake. Tract Two: 14 Acres located in Section 15 of Cass Township. This tract has ingress/egress from County Road 400 North. This tract has some woods and will share a common lake. Tract Three: 15.43 Acres located in Section 15 of Cass Township. This tract will have ingress/egress along the north edge of Tract 4 from County Road 700 E or Cass Blacktop and from County Road 400 N. This tract is mostly water and shares a common lake. Tract Four: 19.51 Acres located in Section 15 of Cass Township. This tract has ingress/egress from County Road 700 E (Cass Blacktop). This tract is mainly wooded with excellent hunting and shares a common lake with property to the west. Tract Five: 19.51 Acres located in Section 15 of Cass Township. This tract has ingress/egress from County Road 700 E (Cass Blacktop). This tract is mainly wooded and offers excellent hunting. Tract Six: 15.03 Acres located in Section 15 of Cass Township. This tract has ingress/egress from County Road 700 E (Cass Blacktop). This tract is mainly wooded and offers excellent hunting. THERE WILL BE A SHOWING OF THE PROPERTY ON FEBRUARY 18, 2008 @ 4PM. SHOWING WILL BEGIN AT 400 N JUST WEST OF 700 E. PARCEL NUMBER: 77-08-15-000-001.008-001 LEGAL DESCRIPTION: PT NE 15-8-8 105.903 REAL ESTATE TAXES: The real estate taxes will be pro-rated at closing. Rates are not yet available to the County. 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. BROKER PARTICIPATION: If Buyer pays Broker fee. 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: None - Surface rights only. POSSESSION: Possession day of closing. 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: Hymera Ruritan Club, Hymera, Indiana. PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD. |
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AUCTIONEER’S PHONE: 812-495-6119 FAX: 812-696-5090 E-MAIL: auctions@jswalls.com AUCTIONEER: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA IN#AU01026257 |
www.jswalls.com |
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