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SOLD! $7,210,875.00

698 Ac. RE Auction, Martin & Berry, Parke Co., IN

David Martin, Doug Berry and Sue Berry will offer the following real estate for sale at Auction in Rockville, Adams Township, Indiana, Parke County, using a computer driven multi-parcel system.

Wed., Feb. 26th, 2014 @ 2:00 P.M. Inclement Weather Date: Thurs., Feb. 27th @ 2:00 P.M. Sale Location: Clark’s Reception Hall 2155 E. Hwy 36, Rockville, Indiana

DIRECTIONS: From the intersections of Hwy 41 & SR 36 in Rockville, Travel East, approx. 4 miles to CR 500E.; Turn right (south) onto CR 500 E.; Proceed to property. Property is on both sides of CR 500 E.        Watch for Johnny’s signs!

This property will be offered in 2 Auctions. Tracts 1, 2, 3 & 4 can be purchased as a whole or in any combination. Tracts 5, 6, 7, 8, 9 & 10 can be purchased as a whole or in any combination. Due to fractional ownership in the 2 Auctions, bids for individual Tracts in both Auctions must specify a bid dollar amount per Tract. There is tillable, pasture, woods, ponds, fencing, 3 bedroom Home, Grain Bins, Outbuildings, 2 Water Wells and Septic.

All tracts have road frontage. All fields are tiled and will carry the existing tile easements. 

Tract 1: 27 acres m/l, Mostly tillable, Road frontage on the east & west sides (Parke Rd. & CR 500E), Has Legal Description. Tract 1 will not need surveyed if purchased with tract 7.

Tract 2: 141.89 acres m/l, Mostly tillable, Road frontage on the north, east & west sides (Cascade Rd. &  CR 500E). Has Legal Description, 142.80 Ac minus .91 Ac. Tract 2 will not need surveyed if the farm is purchased as a whole.

Tract 3: 73.7 acres m/l with 71.19 acres tillable (according to the FSA). There is road frontage on the north & east sides (Cascade Rd).

Tract 4: 1.02 acres m/l w/Grain Bins and Barn. This tract has road frontage on CR 500E. Has Legal Description. Tract 4 is surveyed and has changed tracts 2 & 7. 

Tract 5: 10.5 acres m/l, Mostly tillable w/road access from Cascade Rd. Has Legal Description. Tract 5 will not need surveyed if purchased with tracts 2 & 6 together.

Tract 6: 140.5 acres m/l, Mostly tillable w/road frontage on the north & east sides (Cascade Rd).

Tract 7:  86.89 acres m/l with 68.42 acres tillable (according to the FSA) & the remainder in woods. There is road frontage on the east, south and west sides (Parke Rd. & CR 500E).

Tract 8: 94.5 acres m/l with Fenced Pasture, ponds, woods, home and 3 nice barns. There is road frontage on CR 500E and Piatsville Rd aka Platsville Rd.

Tract 9: 27.5 acres m/l is Tillable. Road access from Piatsville Rd aka Platsville Rd.

Tract 10: 93 acres m/l  has 86.23 acres tillable (according to the FSA) and Grain Bins. Road frontage on CR 500E and Piatsville Rd aka Platsville Rd.

Parcel Numbers: 61-11-13-000-301-.100-001; 61-11-13-000-401.100-001; 61-11-13-000-104.100-001; 61-11-13-000-104.100-0014; 61-11-13-000-203.100-001; 61-11-24-000-101.100-001; 61-11-14-000-203.100-001; 61-11-14-000-204.100-001; 61-11-14-000-202.100-001; 61-11-13-000-102.100-001; 61-11-13-000-402.100-001; 61-11-13-000-101.100-001.
Legal Description: SW 13-15-7 159.16; W 1/2 SE 13-15-7 80; PT S 1/2 NE 13-15-7 10.50; PT S 1/2 NW 13-15-7 10.50; PT NW 1/4 24-15-7 107; PT NE 14-15-7 57; PT S 1/2 NE 14-15-7 30; PT NE 1/4 14-15-7 27; PT NW1/4 13-15-7 64.04; PT E1/2 SE1/4 13-15-7 73.70; W1/2 NW1/4 13-15-7 78.75A
Real Estate Taxes: are approximately $24.67 per acre per year and 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 Seller, if any, will be transferred to the Buyer. Seller will not warrant title to underlying minerals.

Survey: The Buyer will pay for Survey, if one is needed. Auctioneer will coordinate the survey process.

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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