77.39 AC/Cottrell/Parke Co., Rockville, IN
Glenn and Elizabeth Cottrell will offer for sale the following real estate located 4 miles south of Rockville, Indiana on Fisher Road, in Adams Township, Parke County.
uesday, October 29, 2013 @ 2:00 PM SHARP! Extension Office @ Parke Co. Fairgrounds
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: Monday, October 28, 2013, at 12:00 Noon. First Accepted Offer Buys!
DIRECTIONS: From US 41 West of Rockville, turn South on Fisher Road, continue on Fisher Road to the property. WATCH FOR JOHNNY’S SIGNS!
PLEASE CALL PRIOR TO AUCTION TO SEE IF THE PROPERTY HAS SOLD!
REAL ESTATE: The real estate consists of 77.39 total acres (m/l) with 45.13 acres tillable.
The property is on an paved road and has a 40 ft. X 60 ft. barn. Electric is available.
This property will sell in two tracts or as a whole.
Parcel Numbers: 61-10-35-000-103.100-001, 61-10-35-000-106.000-001, 61-10-35-000-107.100-001, 61-10-35-000-303.100-001
Terms: The Successful Bidder will deposit 10% of the contract purchase price (minimum $1,000, except for exempt entities) at the Auction in the form of cash, cashier’s check, approved personal check or company check with bank letter of guarantee (no bank drafts). The Buyers 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 Buyers 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 Buyers shall pay the mortgage policy and recording of 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 on day of sale or during the sale take precedence over any oral or written heretofore.
Buyers Premium: The Buyer's will pay 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price.
Possession: After 2013 crops are harvested, possession of non-tillable at closing.
Mineral Rights: All coal, fireclay, gas and underlying minerals owned by the Seller (if any) will be transferred to the Buyer. Sellers will not warrant title to underlying minerals.
Survey: Buyer will pay for survey, if one is needed. The contract price (dollars per acre) will be adjusted according to survey to the one-hundredth (100th) of an acre. If property is sold as a whole, no survey needed. If sold in 2 tracts, Buyers will split the cost of the survey with Seller choosing the Surveyor.
AGENCY: Johnny Swalls Auction, Inc. and it's Representatives are Excluve Agents of the Seller.
AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, GPPA, CAGA, CREA, AU1026257, RB14033902, AC30700074.
942 Real Estate Parcels Sold of the last 959 Listed!!