Tract 1 SOLD PRIOR TO AUCTION: $5,000 per acre plus 6% Buyers Premium for a total of $5,300 per acre. Tracts 2 & 3 SOLD 11/28/2018 THANK YOU!!
Robert G. Royer Trust
84 acres in 3 Tracts in Clay County
Auction Date: Wednesday, November 28, 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, November 27, 2018 by 12 NOON
DIRECTIONS: TRACT 1: From US-150/US-41 turn onto IN-246E, turn left onto IN-59. Turn right onto County Road 1050S. The Property is on the right, watch for Johnny's signs! TRACT 2: From US-150/US-41 turn onto IN-246E, turn right onto County Road 300W. Turn left onto County Road 1000S. The Property is on the right, watch for Johnny's signs.
84 ACRES IN 3 TRACTS LOCATED SOUTHWEST OF CLAY CITY, INDIANA.
Tract 1: 20 acres m/l with 19.19 tillable acres. This is hill ground (in corn).
Tract 2: 40 acres m/l with 36.53 tillable acres. This is bottom ground (in beans).
Tract 3: 24 acres m/l with 16.73 tillable acres. This is along the East side of the Eel River. We are told there is approximately $7,000 worth of timber to Owner's Share.
Parcel Numbers: TRACT 1: 11-12-12-100-006.000-005 ; TRACT 2: 11-12-11-200-001.000-005 ; Tract 3: 11-12-11-300-001.000-005 & 11-12-11-300-003.000-005
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.
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!!