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SOLD! $163,300.00

23 ACRE/CARMICHAEL/SHELBURN

H. Edward Carmichael, Jr. will offer the following Real Estate for sale at Auction located at: County Rd 450 North & 100 E, Sullivan, Indiana, Sullivan County.

Wednesday, November 18, 2015

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: Tuesday, November 17, 2015 at 12:00 Noon. First Accepted Offer Buys!

DIRECTIONS: From State Rd 48 & 41 in Shelburn, Indiana, Travel South on US 41; Turn left (east) onto County Rd 450 North (by Dodds Sawmill); Watch for Johnny's Signs!

Wednesday, November 18, 2015@ 2:00 PM

Auction Location: Johnny Swalls Auction, Inc. Office, 111 W. Main St., Farmersburg, Indiana

NOTE: 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: Tuesday, November 17, 2015 at 12:00 Noon. First Accepted Offer Buys!                                                                                                                     

                                                                                                                                                                              According to the Sullivan County Beacon and the Deed this property consists of a 23 acres. This property is being offered in 2 Tracts or as a whole. According to the Sullivan County FSA there are 21.81 tillable acres. 

Tract 1 - 11.50 acres m/l is situated on the south side of CR 450N and has road frontage on two sides (CR 450N & CR 100E) with approx 10.50 tillable acres m/l (a corner property) 


Tract 2 - 11.50 acres m/l is situated on the south side of CR 450N, has approx. 11.31 tillable acres m/l and has road frontage.

Soils Type: IvA silt loam

Parcel Numbers: 77-07-10-000-008.000-011; 77-07-10-000-011.000-011; 77-07-10-000-013.000-011
Legal Description: 10-8-9 21.215AC PT N 1/2 NE SE 19.405AC S SIDE SE NE 1.81 AC; 10-8-9 1.675AC S SIDE SE NE; S SIDE SE NE 10-8-9 .11AC
Real Estate Taxes: for 2014 Pay 2015: Approx. $971 per year and will be pro-rated at closing.

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 Buyers will pay 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price.

Possession: At Closing on January 6, 2016. The closing will be on January 6, 2016.

Mineral Rights: All coal, fireclay, gas and underlying minerals owned by the Seller will be transferred to the Buyers. Seller will not warrant title to underlying minerals.

Survey: Buyer(s) will split cost of Survey 50/50, if sold in 2 Tracts.

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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