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SOLD! $154,500 THANK YOU!

Current bid: $145,755 + 6% = $154,500 Will be sold Friday, January 8, 2016 @ Noon if no other bids

37.93 Acres with 21.59 Tillable

Iris M. Phipps Trust

Wednesday, February 24,2016 @ ClayCity Fire Department Clay City, IN

This property may be purchased prior to Auction by contacting the Auctioneer with an offer and the Seller will act on the offer. The deadline for making this offer is:

DIRECTIONS: From the intersection of ST Rd 159& 246 Go East to S County Rd 500W, turn South and follow to W County Rd 1100S

This Land includes both woods and tillable acres. 21.59 acres out of the 37.93 are tillable. This is a corner property with a building site. There is an asphalt road on the West and a gravel road on the North. Electric is available.

Mineral rights: all Coal, fireclay, gas and underlying minerals owned by the Seller will be transferred to th Buyer(s). Seller will not warrant title to underlying minerals. 

Parcel Numbers: 11-12-16-200-006.000-009
Legal Description: NW NW 16-9-7 37.934 A
Real Estate Taxes: $25.23 per acre per year

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: At closing and not before.

Survey: Buyer will pay for survey, if one is needed.

Email: auctions@jswalls.com
FOR PRIVATE SHOWING CALL: 812-249-5090 or 1-877-696-5099

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.

931 Real Estate Parcels Sold of the last 948 Listed!!

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