SOLD PRIOR TO AUCTION!! $7,081 PER ACRE. THANK YOU!
If no higher bids are received we will sell the property automatically this Tuesday, May 7th @ 12 NOON.
Rexferd, Sandra, Chad and Elizabeth Swalls will offer for sale:
20.9 acres m/l in Vigo County
If not sold prior to auction the auction will be:
Wednesday, June 19, 2019 @ 2 P.M
Auction Location: Holiday Inn, 3300 US 41, Terre Haute, IN 47802
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: June 18, 2019 by 12 NOON
THIS REAL ESTATE IS 20.9 TILLABLE ACRES M/L ON EVANS AVENUE JUST OFF OF STATE ROAD 63 IN VIGO COUNTY. THE MAJORITY OF SOIL ON THIS PROPERTY IS REESVILLE SILT LOAM.
CALL JOHNNY TODAY TO PLACE YOUR BID 812-249-5090.
Parcel Numbers: 84-12-22-200-016.000-016 ; 84-12-22-200-017.000-016
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 Tillable: After the 2019 crops are harvested.
Possession of Crop or Crop Monies: Sellers 1/3 of the 2019 crops go to the Buyer
Mineral Rights: 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 after the closing. All underlying minerals, coal, fireclay, gas and oil rights owned by Seller, if any, will go to the Buyer and without any warranty.
Survey: Buyer will pay for survey, if one is needed.
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.
982 Real Estate Parcels Sold of the last 999 Listed!!