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81.93 Acres/Meng/Terre Haute (2 Tracts)

Dennis & Karen Meng will offer at Auction the following Real Estate located East of SR 63 and North of Curry Rd. in the Oakridge Subdivision, Terre Haute, Indiana, Honey Creek Township, Vigo County.

Wednesday, January 27, 2016

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: Tues. Jan. 26, 2016 at 12:00 Noon First Accepted Offer Buys!

DIRECTIONS: From the intersection of US 41 and W. Springhill Dr, travel West on Springhill Dr.; Turn left (south) onto S. Hwy 63; Turn left (east) onto N. Oakridge Parkway. Watch for Johnny’s Signs on the EAST END of the subdivision!

Wednesday, January 27, 2016 @ 2:00 P.M.

Sale Location: Hampton Inn, 3325 US Hwy 41, Terre Haute, IN

 

This property is being offered in 2 Tracts or may be purchased as a whole.

Tract 1 is 68.3 Ac m/l with approx. 66.52 acres tillable. 

SOIL TYPES: AdB - Ade; BIC - Bloomfield; EIA & EIB - Elston;                     Rg - Rensselaer 

Tract 2 is 13.63 Ac m/l. This tract consists of 22 residential lots.

Note: Ingress-Egress is through the subdivision.

 

Parcel Numbers: Tract 1 84-09-20-100-005.000-003 Tract 2 84-09-19-282-001.000-003; 84-09-19-427-003.000-003; 84-09-19-427-004.000-003; 84-09-19-427-005.000-003; 84-09-19-278-010.000-003; 84-09-19-281-006.000-003; 84-09-19-281-007.000-003; 84-09-19-281-008.000-003; 84-09-19-281-009.000-003; 84-09-19-281-010.000-003; 84-09-19-281-002.000-003; 84-09-19-281-003.000-003; 84-09-19-281-004.000-003; 84-09-19-281-005.000-003; 84-09-19-280-007.000-003; 84-09-19-280-008.000-003; 84-09-19-280-009.000-003; 84-09-19-280-010.000-003; 84-09-19-279-010.000-003
Legal Description: Tract 1 SW NW EXC SW COR & PRT NW SW D-417/959 & 419/398 20-11-9 68.3 AC Tract 2 E SIDE SE NE; PRAIRIE PARK UNREC (1848 W PRAIRIE PARK DR) D-429/382 19-11-9 LOT 12 .50AC; PRAIRIE PARK UNREC (1826 W PRAIRIE PARK DR) D-429/382 19-11-9 LOT 18 .50AC; PRAIRIE PARK UNREC (1804 W PRAIRIE PARK DR) D-429/382 RD REC 8/365 19-11-9 LOT 24 .50AC; PRAIRIE PARK NORTH UNREC (6855 SAGINAW PL) D-419/435 19-11-9 LOT 615 .50AC; PRAIRIE PARK NORTH UNREC D-419/435 19-11-9 LOT 617 .56AC; PRAIRIE PARK NORTH UNREC (1873 PRAIRIE PARK DR) D-419/435 19-11-9 LOT 624 .45AC; PRAIRIE PARK NORTH UNREC (1851 PRAIRIE PARK DR) D-419/435 19-11-9 LOT 625 .45AC; PRAIRIE PARK NORTH UNREC (1829 PRAIRIE PARK DR) D-419/435 19-11-9 LOT 632 .45AC; PRAIRIE PARK NORTH UNREC D-419/435 19-11-9 LOT 633 .56AC; PRAIRIE PARK NORTH UNREC (1868 68TH DR) D-419/435 19-11-9 LOT 623 .49AC; PRAIRIE PARK NORTH UNREC (1846 68TH DR) D-419/435 19-11-9 LOT 626 .49AC; PRAIRIE PARK NORTH UNREC (1824 68TH DR) D-419/435 19-11-9 LOT 631 .49AC; PRAIRIE PARK NORTH UNREC D-419/435 19-11-9 LOT 634 .60AC; PRAIRIE PARK NORTH UNREC (1869 68TH DR) D-419/435 19-11-9 LOT 622 .39AC; PRAIRIE PARK NORTH UNREC (1847 68TH DR) D-419/435 19-11-9 LOT 627 .39AC; PRAIRIE PARK NORTH UNREC (1825 68TH DR) D-419/435 19-11-9 LOT 630 .39AC; PRAIRIE PARK NORTH UNREC D-419/435 19-11-9 LOT 635 .48AC; PRAIRIE PARK NORTH UNREC D-419/435 19-11-9 LOT 578 .58AC
Real Estate Taxes: REAL ESTATE TAXES for Tract 1: Approx. $32 per acre & Tract 2: Approx $512 per year & 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 Buyer's will pay 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price.

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

Survey: The Buyers 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.

942 Real Estate Parcels Sold of the last 959 Listed!!

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