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SOLD! $400,000.00

100 Acres & Home, Knox, 3956 SR 42E, Centerpoint

Jack & Nancy Knox will offer for sale at Auction the following Real Estate located at 3956 State Rd 42 East, Center Point, Indiana, Clay County.

Wednesday, June 24, 2015 @ 2:00 P.M. SHARP!

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:

DIRECTIONS: From I-70 & St Rd 59 South, go South 1/2 mile to State Road 42 East, Then East 4.9 miles on State Rd 42; Property will be on the South side. Watch for Johnny’s Signs!

This property will be offered in 2 tracts or as a whole. Tract 1 is 13 acres m/l and consists of a 1 owner, 4 bedroom, 2.5 bath, brick home with a large, wood, antique barn and 2 stocked ponds. There is a washer and dryer, electric range, hood, ceiling fans, 200 ampere electric service, Gas water heater, gas furnace, central air and a gas fireplace. The home has well water and a septic system. The property has city (natural) gas.

There is a 2 car attached garage w/door opener. Sellers will give $5,000 back at closing for roof allowance. There is road frontage on State Rd 42 and a concrete driveway approach. 

Tract 2 consists of 87 acres m/l with 60 acres tillable and grain bins. Any and all underlying minerals, coal, fire clay and gas goes to the Buyers.

Note: If purchased as two tracts there will be an easement from the concrete driveway approach at State Road 42 south to Tract 2.

Parcel Numbers: 11-04-35-100-006.000-007; 11-04-35-400-002.000-007
Legal Description: E 1/2 NE 35-12-6 75.19A; N PT NE SE 35-12-6 24.75A
Real Estate Taxes: Approx. $1,774.00 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.

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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