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Co-Executers Carrol E. Pullum and Debra L. Hudson plus Owner, Nancy Kay Larr will offer for sale:

97.40 acres in 3 tracts

Auction Date: to be determined

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, August 14, 2018 by 12 NOON

DIRECTIONS: From US-150E/US-41S turn left onto E County Road 850N, then left onto N County Road 200E and finally turn right onto E County Road 900N. The home will be on the left. Watch for Johnny's signs!!

Below is some basic information, more detailed information coming soon ..

TRACT 1: home and pole barn on 9.87 acres. 

TRACT 2: 60.53 acres with 27.70 tillable acres m/l.

TRACT 3: 27 acres with 10.68 tillable acres m/l.

Parcel Numbers: PARCEL FOR HOME: 77-01-17-000-011.000-013 ; PARCEL FOR LAND: 77-01-17-000-014.000-013
Legal Description: LEGAL FOR HOME: E 1/2 W 1/2 SW SE 8.00 ACRES PT E 1/2 W 1/2 SW SE 2.00 ACRES 17-9-8 TOTAL ACRES 10.00 ; LEGAL FOR LAND: NE SE 29.00 ACRES, N SIDE SE 4.50 ACRES, E SIDE SW NE 27.00 ACRES 17-9-8 TOTAL ACRES 87.50
Real Estate Taxes: TAXES FOR HOME: $649 m/l per year ; TAXES FOR LAND: $1,537 m/l per acre

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.

Mineral Rights: An ALTA 2006 Title Insurance Commitment in the amount of the contract price will be supplied to the Buyer for the surface, if the Buyer desires a mineral search it will be at Buyers cost and will not delay the closing. Mineral Rights: All underlying minerals, coal, fireclay, gas and oil rights owned by Seller will go to the Buyer, if any and without any warranty.

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.

973 Real Estate Parcels Sold of the last 990 Listed!!

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