SOLD !!! THANK YOU!
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
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
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.
968 Real Estate Parcels Sold of the last 985 Listed!!