36 ACRE LAND AUCTION

7 TRACTS

Andy and Lisa Metheny will offer for sale the following real estate located in Farmersburg, Indiana. From the stoplight on US Highway 41 in Farmersburg, travel .5 mile south to 1100 N (aka Cemetery Road), turn right, travel west 2 miles, the property is located on the NW corner of CR 100 W and 1100 N.

WATCH FOR JOHNNY'S SIGNS!!!

The Buyer May Purchase this Real Estate Prior to Auction

THURSDAY, JUNE 12, 2008

3:00 PM (SHARP!)

FARMERSBURG FIREHOUSE
Farmersburg, Indiana

OWNERS: ANDY & LISA METHENY
      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 Thursday, June 11, 2008 at 12:00 Noon.  First accepted Offer Buys.


Home Auction Schedule
 

PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD PRIOR TO AUCTION

 

REAL ESTATE:  The real estate consists of 36 Acres m/l that offers great hunting, horse property with large wood round pen and 7-10 building sites with access to 1100N.  There is a pole barn with underground electricity and a stocked pond on this property also.

Tract One: Consists of 4.83 Acres m/l with access to County Road 100 W.

Tract Two: Consists of 4.83 Acres m/l with access to County Road 100 W.

Tract Three: Consists of 4.83 Acres m/l with access to County Road 100 W.

Tract Four: Consists of 14.08 Acres m/l with an 84' Ingress/Egress to County Road 1100 N which will be owned by the Buyer of this tract.  This tract also offers a pole barn with underground electricity, a large wood round pen for horses and a stocked pond.

Tract Five: Consists of 2.33 Acres m/l. This is a corner property with access to County Road 100 W and 1100 North.

Tract Six: Consists of 2.50 Acres m/l with access to County Road 1100 N.

Tract Seven: Consists of 2.50 Acres m/l with access to County Road 1100 N.

PARCEL NUMBER: Orignal Parcel # 77-02-05-000-003.000-003

LEGAL DESCRIPTION: PT SE SE    5-9-9     35.91 ACRES

REAL ESTATE TAXES:  The real estate taxes are approximately $612 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.  The Buyer is only required to pay 10% down, of the contract price, day of sale.

SURVEYThe Buyer will pay for the Survey, if one is needed, and Survey will be completed after Closing.

MINERAL RIGHTS: Any minerals owned by the Seller will transfer to the Buyer.

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:  Farmersburg Firehouse, Farmersburg, Indiana.

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

FAX:  812-696-5090  E-MAIL:  auctions@jswalls.com

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

IN #AU01026257

www.jswalls.com