39 ACRE LAND AUCTION
www.jswalls.com
THE BUYER MAY PURCHASE THIS REAL ESTATE PRIOR TO AUCTION
Glenn and Carol Andrew will offer for sale, at Auction, the following 39 acres, m/l, in Catlin (Parke County), Indiana. From Rockville, go south on Catlin Road to Catlin. The property is located on the south side of Catlin by the former railroad tracks. From Terre Haute, take U.S.41 to the Vigo/Parke County line; go into Rosedale to the stop sign; turn right; go to the school; turn left at the school; follow the road to Catlin. WATCH FOR JOHNNY’S SIGNS!
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THURSDAY, JUNE 14, 2007 -3:00 PM (Sharp!)
CATLIN, INDIANA
(Parke County, Indiana)
OWNERS: Glenn and Carol Andrew
NOTE: This property may be bought 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 Wednesday, June 13, at 12:00 Noon. First Accepted Offer Buys!
REAL ESTATE: This is 39.27 acres located in Section 6, Township 14 North, Range 7 West, Raccoon Township, Parke County, Indiana. This is one tillable field and the predominate soil type is Camden. This is a good producing field and the Buyer will
receive the Seller’s share of the 2007 crop. Please call Johnny with your offer today!
PARCEL NUMBERS: 611506000104000111; 611506000105000111 LEGAL: PT NW NW; PT W 1/2 NW
REAL ESTATE TAXES: The real estate taxes are approximately $765.60 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 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.
MINERAL RIGHTS: Any underlying mineral rights, fireclay, coal, methane gas, etc. owned by the Seller will by transferred to the buyer and we show no exception on the deed.
POSSESSION: Possession after the crops are removed in the fall of 2007. The Buyer will receive the cash rent for 2007.
SURVEY: Any survey needed will be completed after closing at the expense of 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: At the Property
