50 ACRE LAND AUCTION
THE BUYER MAY PURCHASE THIS REAL ESTATE PRIOR TO AUCTION
Steve Hinesley will offer for sale, at Auction, the following Real Estate in Three Tracts located at 9378 North County Road 300 West,
Farmersburg, Indiana. From U.S. 41 go west on County Road 1100 North to County Road 300 West; thence south to the property.
WATCH FOR JOHNNY’S SIGNS!
THURSDAY, MAY 31, 2007 - 3:00 PM (Sharp!)
FARMERSBURG, INDIANA
OWNER: Steve Hinesley
SALE LOCATION: Farmersburg Firehouse
OWNER: Steve Hinesley
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 Wednesday, May 30, 2007, at 12:00 Noon.
First accepted Offer Buys.
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TRACT ONE: This is a 5 bedroom, 2 bath, ranch home with a large front deck, rear deck, and a large garage located on 1.629 acres. The home has a concrete block foundation with crawl space, composition shingle roof, vinyl siding, Anderson thermal pane double hung windows, guttering, Rheem LP gas forced air furnace, central air, 2 ceiling fans, Whirlpool water heater, 200 ampere breaker box, water well and reverse osmosis system and a new $4,000 septic system. The home has a living room, dining room kitchen combination, small utility room with washer/dryer hook-ups, shelving and cabinets, 5 bedrooms and 2 baths. The kitchen is equipped with a Frigidaire refrigerator and Hot Point electric range with range hood. The rear deck has a seating area with a beautiful view. The large front deck leads to the 24 ft. x 46 ft. garage. The garage has a concrete floor, composition shingle roof, vinyl siding, 2 single overhead doors and 1 double overhead door with garage door opener and has truss rafters on 2 ft. center. There is also an enclosed 15 ft. x 15 ft. room with a sink, water heater, ample lighting and 100 ampere electrical service. There is a white rock driveway with plenty of extra parking. There is a 4 run dog kennel attached to the garage. This property is landscaped. This beautiful country home is just waiting for a new family. Please call Johnny with your offer today!
TRACT TWO: This is 28.37 acres located on County Road 300 West. There is a tillable field on the on the west side with woods to the rear. This tract has excellent hunting potential. Please call Johnny with your offer today.
TRACT THREE: This is 20 acres located east of Tract Two. Ingress/egress for this Tract will be via an easement through the Hinesley property. This Tract has a large tillable field on the east side of the property with woods to the west. This Tract has excellent hunting potential. Please call Johnny with your offer today!
PARCEL NUMBER: To be Determined
LEGAL: PT NW SW Section 18, Township 9 North, Range 9 West
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 92 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.
SURVEY: The survey will be paid (shared equally) by the buyers with the seller choosing the surveyor. There will be no survey if sold as one tract. All descriptions are subject to Title Search and the price will be adjusted accordingly by the acre or fraction thereof.
MINERAL RIGHTS: Any underlying minerals, fire clay, coal, methane gas and timber, etc., owned by the Seller will be transferred to the Buyer.
AGENCY: Johnny Swalls Auction & Appraisal, Inc. and its Representatives are Exclusive Agents of the Seller.
FOR PRIVATE SHOWING CALL: Johnny Swalls - 812-495-6119
SALE LOCATION: Farmersburg Firehouse
AUCTIONEER’S PHONE: 812-495-6119, 812-696-5099
FAX: 812-696-5090 E-MAIL: johnnyswalls@joink.com
AUCTIONEER: Col. Johnny Swalls,
CAI, AARE, GPPA, CAGA, CREA
IN #AU01026257
554 Real Estate Parcels Sold of the Last 560. A Full Time Certified Auction Service!
