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SOLD! $97,520.00

40 Acres/Lyday/Shelburn

Donald M. & Kathy A. Lyday will offer the following Real Estate for sale at Auction located at: 5626 N. CR 600 E., Shelburn, IN, Sullivan County.

Wednesday, March 18, 2015

DIRECTIONS: From US Hwy 41 & SR 48, Travel East on SR 48 approx. 4.9 miles; Turn south (right) onto Church Street, Continue onto County Rd 550 East; Travel east on County Rd. 600 N; Take the 1st right onto County Rd 600 E.: Watch for Johnny’s Signs! BUYER MAY PURCHASE PRIOR TO AUCTION!


5626 N. CR 600E., Shelburn, IN, Sullivan County

Wed., March 18, 2015@ 2:00 PM

Auction Location: Johnny Swalls Auction, Inc. Office, 111 W. Main St., Farmersburg, IN

NOTE: This property may be purchased prior to Auction by contacting the Auctioneers with an offer and the

Sellers will act on the offer.  The deadline for making this offer is: Tues. March 17, 2015 at 12:00 Noon   

First Accepted Offer Buys!


Please call prior to Auction to see if property has sold!



 The real estate consists of forty square acres of woods and an older manufactured home. There are 2 dug wells, a drilled water well, septic, electric hookup, driveway and permanent deer stands. The woods is ready to be timbered. There is plenty of privacy, ginseng, deer and turkey to enjoy!

Parcel Numbers: 77-08-03-000-007.000-013
Legal Description: PT W PT S 1/2 NW 3-8-8 39.3AC FR .7AC REG
Real Estate Taxes: Approx. $226.11 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: At closing and not before.

Mineral Rights: All coal, fireclay, gas and underlying minerals owned by the Sellers will be transferred to the Buyer(s). Sellers 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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