|
RECREATIONAL LAND AUCTION 300 ACRES |
|
THE BUYER MAY PURCHASE THIS REAL ESTATE PRIOR TO AUCTION |
|
Snow Hill LLC will offer for sale, at Auction, the following 300 acres m/l in 2 tracts, W. Terre Haute, IN (Vigo County). The property is located east of Highway 63 and is bounded on the south by Pennington Road. WATCH FOR JOHNNY’S SIGNS!
|
|
|
|
|
|
|
 |
 |
 |
 |
 |
|
|
|
|
SALE DATE: THURSDAY, OCTOBER 25, 2007 3:00 PM (SHARP!) SALE LOCATION: BEST WESTERN INN, TERRE HAUTE, IN. OWNER: SNOW HILL LLC NOTE: This property may be purchased prior to auction by contacting Johnny Swalls with an offer and the Seller will act on the offer. The deadline for making this offer is Wednesday, October 24, 2007, at 12:00 Noon. First accepted Offer Buys. |
|
REAL ESTATE: This pristine 300 acres m/l offers the ultimate hunting experience of all game native to Indiana; turkey, deer, pheasant, quail, duck, rabbit, etc. The 7 acre lake provides phenomenal fishing, access to waterfowl and gorgeous views for a potential getaway cabin or two. Enjoy exquisite views as far as the eye can see from atop Snow Hill. Located just over an hour from Indianapolis and a couple minutes from Terre Haute. Tract One: Consists of 150 acres m/l, located on U.S. Hwy 63 and Pennington Road. This is a corner tract. There is a beautiful 7 acre, fully stocked lake offering opportunities for boating, water for wildlife, excellent fishing and just enjoying the view of the lake. This property has gorgeous rolling views and potential building sites. There is plenty of cover for the wildlife, pasture land, and trees for the avid hunter. Ingress/Egress for Tract One will be a white rock gated drive. There is some fencing on this Tract. Note: Tract One will allow Tract Two to use the white rock drive, 300 feet from the gate going north, for Ingress/Egress for a period of 9 months from closing. There will not be a cost to Tract Two for the use of the drive. Tract Two: Consists of 150 acres m/l, located on Pennington Road. There is plenty of cover for the wildlife, pasture land and trees for the avid hunter. Note: Tract One will allow Tract Two to use the white rock drive, 300 feet from the gate going north, for Ingress/Egress for a period of 9 months from closing. There will not be a cost to Tract Two for use of the drive. PARCEL NUMBER: There are 10 parcel numbers, the first one being: 84-02-20-400-001.000-025 LEGAL: There are 10 legal descriptions, the first one being: N 1/2 SE W of RR 16.00 AC 20-13-9 REAL ESTATE TAXES: The real estate taxes are approximately $2.60 per acre, per year and will be pro-rated at closing. TERMS OF REAL ESTATE: The Successful Bidder will deposit 10% of the contract purchase price (except for exempt entities) at the auction in the form of cash, cashier’s check or approved personal check or company check with bank letter of guarantee (no bank drafts). The Buyer 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 Buyer 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 Buyer shall pay the mortgage policy. The Buyer will pay for the recording of his/her 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 day of sale or during the sale take precedence over any oral or written heretofore. BUYER’S PREMIUM: The Buyer will pay a 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price. MINERAL RIGHTS: All underlying minerals, coal, fire clay, methane gas etc., have previously been sold and will not transfer to the Buyer. The Owner of the underlying etc., does not have surface rights. SURVEY: The survey cost, if needed, will be paid by the Buyer and completed after closing. POSSESSION: Possession at closing. AGENCY: Johnny Swalls Auction, Inc. and its Representatives are Exclusive Agents of the Seller. FOR PRIVATE SHOWING CALL: Sale Coordinator, P.J. Bezy 812-495-6119 SALE LOCATION: Best Western Inn, Terre Haute, IN. at NW corner of US 41 and I-70. PHONE: 812-495-6119 FAX: 812-696-5090 E-MAIL: auctions@jswalls.com AUCTIONEERS: Col. Johnny Swalls CAI, AARE, GPPA, CAGA, CREA IN #AU01026257 James Swalls IN #AU09200044 Sale Conducted By: |
.png) |
jswalls.com |
|
|
|
|
|
|
|
|
|
|
|
