BUYER MAY PURCHASE PRIOR TO AUCTION!
W-C PROPERTIES, INC will offer for sale:
192.8 acres in 3 tracts
Auction Date: Tuesday, July 24th, 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: Monday, July 23rd, 2018 by 12 NOON.
DIRECTIONS: Go South of Terre Haute on US 41 to State Road 246 East. Go to Dickens Street South to Trimmer Drive or County Road 1200N (County Line). Watch for Johnny’s signs!
This Real Estate is located in Jackson Township, Sullivan County, Indiana. You can buy the 192.80 acres m/l as a whole or choose from 1 of the 3 tracts. Buyer may purchase prior to auction, so talk to Johnny today!
Tract 1: 10 acres m/l with 6.60 tillable acres m/l.
Tract 2: 61.6 acres m/l with 42.97 acres in CRP and 42.97 tillable acres m/l.
Tract 3: 121.2 acres m/l with 55.24 acres in CRP and 55.77 tillable acres m/l.
CRP FOR W-C Properties, Inc
Farm 5074 Tract 30462 fields 1 & 2 ..... These are both under the same CRP contract. It expires on 09/30/2022. The rental rate per acre is $152.94 and the annual payment is $6,572.00. Final payment will be made in October 2022. Payments are made every October.
Farm 5074 Tract 30124 fields 2, 4, 5, 6 are under the same contract. It expires on 09/30/2022. The rental rate per acre is $153.06 and the annual payment is $6,107.00. Final payment will be made in October 2022. Payments made every October.
Fields 8, 10, 11 are under the same contract. It expires on 09/30/2020. The rental rate per acre is $150.00 and the annual payment is $2,295.00. Final payment will be made in October 2020. Payments made every October.
Field 12 is NOT in CRP. It is the only piece on the farm not in the program.
Parcel Numbers: 77-01-04-000-001.000-013
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 for non-tillable and after the 2018 crops are harvested on the tillable.
Survey: Buyer will pay for survey, if one is needed.
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.
963 Real Estate Parcels Sold of the last 980 Listed!!