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BUYER MAY PURCHASE PRIOR TO AUCTION!

Roger and Kathy Sturgeon will offer for sale:

6 acres m/l in Vigo County

Auction Date: Wednesday, February 19, 2020 @ 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: February 18, 2020 by 12 NOON

DIRECTIONS: located just west of 8600E Oregon Church Road.


This Real Estate is 6 acres with 4 tillable acres m/l. There is a 40' x 146' Big Red Barn, 40' x 30' Blue Barn, 16,000-bushel grain bin, 12,500-bushel grain bin, and a 10,000-bushel grain bin. There is electric to everything. There is an established white rock drive and plenty of other driveways. This is located on Oregon Church road which is flat (level) land.

Parcel Numbers: 84-14-03-400-015.000-015
Legal Description: to be determined
Real Estate Taxes: to be determined

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: Buyer will receive $185 per tillable acre for the cash rent.

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.

 

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.

989 Real Estate Parcels Sold of the last 1,006 Listed!!

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