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BUYER MAY PURCHASE PRIOR TO AUCTION!

Joseph W. and Karen L. Barbee will offer for sale:

103 acres m/l with 34 tillable acres m/l

Auction Date: Wednesday, June 6th, 2018 @ 2 P.M

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, June 5th, 2018 by 12 NOON

DIRECTIONS:

This is 103 acres with 34 tillable acres m/l located in Sullivan County in Jasonville, Indiana on County

Road 825 East just 1 mile south of Shakamak State (Deer) park. There was a select timber cut 2 years

ago. It is hard to find small tracts like these three. Buy one tract or all three, prior to auction is the best

 way to buy!

Tract 1 is 7  acres m/l of vacant land and woods with a nice spot to put a pre-fab cabin for weekend getaways. This tract is all woods and pasture. This Tract is located on East County Road 400N.


Tract 2 is37.5 acres m/l of tillable and woods.This tract is located on County Road 825E.


Tract 3 is is 58 acres m/l of tillable and woods. This Tract is located on County Road 4825E.


NOTE: 1/3 of the 2018 crop goes to the Buyer.

Parcel Numbers: 77-08-13-000-04.000-001 ; 77-08-13-000-006.000-001 ; 77-08-12-000-009.001-013
Legal Description: E PT NE NW 16.63AC 13-8-8 ; 13-8-8 NW NW 40.00 ACRES, W PT NE NW 9.00 ACRES ; PT SE SW 1.38ac, PT SW SW 34.91ac SW COR SE SW .21ac, SW COR SE SW 1ac 37.500
Real Estate Taxes: $12.31 m/l 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.

957 Real Estate Parcels Sold of the last 974 Listed!!

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