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SOLD!!! THANK YOU!!! $68,900.00   SOLD!!!

19.39 Ac., Northrop Rev Living Trust, East of CR 550W, Lewis

Donna Northrop, Trustee of the Forest R. & Donna N. Northrop Revocable Living Trust, will offer for sale at Auction the following Real Estate located at east of S CR 550W, Lewis, Indiana, Clay County, Lewis Township.

Wed., July 30, 2014@ 2:00 PM Auction  Location: Clay City Fire Department

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., July 29, 2014 at 12:00 Noon First Accepted Offer Buys!

DIRECTIONS: From Farmersburg, travel north on US 41; Turn right (east) onto IN 246; Turn right (south) onto IN 159; Turn right (south) onto S CR 550W; Property will be on the left; Proceed to property.  WATCH FOR JOHNNY’S SIGNS!!

This Real Estate will be offered in two tracts. The Buyer(s) may purchase

as a whole. Each tract has ingress-egress. Both have electricity available.


TRACT 1 consists of 5 acres, with one acre tillable. The remaining 4 acres are woods.

TRACT 2 is 14.39 tillable acres.



Parcel Numbers: 11-12-05-100-006.000-009
Legal Description: PT W1/2 NE 5-9-7 19.39A
Real Estate Taxes: Approx. $19.61 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.

Possession of Non-Tillable: At closing.

Possession of Tillable: After 2014 crops are harvested.

Mineral Rights: All coal, fireclay, gas and underlying minerals owned by the Seller (if any) will be transferred to the Buyer(s). Seller will not warrant title to underlying minerals.

Survey: Buyer 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.

1,037 Real Estate Parcels Sold of the last 1,044 Listed!!

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