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Reta J. Decker Estate will offer for sale 197.02 acres m/l

Personal Representative: First Financial Bank By Carol Myers, VP & Senior Trust Officer

Auction Date: Thursday August 22, 2019 @ 2 P.M

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: Wednesday, August 21, 2019 by 12 NOON

DIRECTIONS: Go East of Riley 1 Mile on State Road 46, Watch for Johnny's Signs! Access via 46 and a shared lane


TRACT 1: Home with attached garage, 45' x 34' pole barn and shared pond on 2.43 acres m/l. This is a 3-bedroom, 2.5 bath home. The home has city water and septic. The home is located at 8674 State Road 46 Terre Haute, IN.

Parcel Number: 84-10-15-400-013.000-018


Real Estate Taxes: $2,392 m/l per year / we have A BID FOR $180,200.00 For Tract ONE


TRACT 2: This Real Estate is 42.1 acres m/l. There is a shop, 2 ponds, 2 large pole barn, tillable land, woods and a shed. The tillable is good producing for row crops (soybeans and corn). There are 19.45 tillable acres m/l.  

Parcel Number: 84-10-15-400-016.000-018

Legal Description: W-1/2 SE W EXC D-443/2227 15-11-8 45.10 AC

Real Estate Taxes: To Be Determined


TRACT 3: 102.88 acres with 49.75 tillable acres m/l. There are good soils and the non-tillable is great for deer hunting and recreation.

Parcel Numbers: 84-10-15-300-010.000-018; 84-10-15-200-002.000-018; 84-10-15-100-024.000-018

Legal Descriptions: NE SW EXC .50 AC MID N SIDE D-443/2227 15-11-8 39.500 AC; OFF S END W-1/2 NE D-443/2227 15-11-8 25.000 AC; E-1/2 ME-1/2 NE W EXC 200217055 15-11-8 38.38 AC

Real Estate Taxes: $2,475 m/l per year


TRACT 4: This Real Estate is 33.91 acres with 20.13 tillable acres m/l. There are woods for hunting.


Parcel Number: 84-10-15-100-022.000-018 

Legal Description: W-1/2 E-1/2 NW EXC N END D-443/2227 15-11-8 33.91 AC

Real Estate Taxes: $590 m/l per year


TRACT 5: This Real Estate is 12.70 acres with 5.69 tillable acres m/l with road frontage on Frye Street. 

Parcel Number: 84-10-15-100-003.000-018

Legal Description: S SIDE NW NW D-443/2227 15-11-8 12.700 AC

Real Estate Taxes: $130 m/l per year


TRACT 6:This Real Estate is 3 acres with a 2 story home. The 2-story home is a 3-bedroom, 1.5 bath with a 1-car attached garage. The home has well water and septic.

Parcel Number: To be Determined

Legal Description: To be Determined

Real Estate Taxes:To be Determined


Buyer will pay for survey if one is needed.

Buyer May Purchase Prior To Auction - This Sale is Subject to Court Approval!

Parcel Numbers: please see description
Legal Description: please see description
Real Estate Taxes: please see description

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 as long as no one damages the 2019 grain crop.

Possession of Tillable: After the 2019 crops are harvested. Seller is keeping the 2019 crop.

Possession of Home: At closing and not before. (for both homes)

Mineral Rights: An ALTA 2006 Title Insurance Commitment in the amount of the contract price will be supplied to the Buyer for the surface, if the Buyer desires a mineral search it will be at Buyers cost and will not delay the closing. Mineral Rights: All underlying minerals, coal, fireclay, gas and oil rights owned by Seller will go to the Buyer, if any and without any warranty.

Survey: Buyer will pay for survey, if one is needed (Reta Decker Estate)

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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