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BUYER MAY PURCHASE PRIOR TO AUCTION! We have Bids for a total of $1,277,406.00, and will be sold at 3: 30 this Monday if no other bids.

We have a current bid of $185,076 on tract 1. We have a bid of $233,730 on Tract 2. We have a bid of $636,000 on tracts 3 & 4. We have a bid on tract 5 $222,600.

Ronald T. Cook will offer for sale:

309 acres m/l in Parke County - Timber and Tillable

on Martin and Moore Road

Auction Date: Thursday, September 12, 2019 @ 2 P.M

Auction Location: Redbud Hill (2210 US 36 Rockville, IN 47872)

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: September 11 by 12 NOON

DIRECTIONS: Take 59 North to Mansfield Road, turn right onto Martin Road, go through the covered bridge and watch for Johnny's signs.


This Real Estate is 309 acres m/l in Parke County. 

Tract 1: 38.8 acres m/l with 34.64 tillable acres with ingress/egress from the south side of Martin Road (asphalt) and Moore Road. 

Tract 2: 49 acres m/l with 40.7 tillable acres with ingress/egress from Martin Road (asphalt).

Tract 3: 80 acres m/l with 19.5 tillable acres with ingress/egress from Moore Road and corner of tract 1.

Tract 4: 90.8 acres m/l of timber with ingress/egress from Martin Road (asphalt).

Tract 5: 50.4 acres m/l of timber with ingress/egress from Martin Road (asphalt).

Parcel Numbers: 61-16-09-000-103.000-007 ; 61-16-09-000-301.000-007 ; 61-16-09-000-302.000-007 ; 61-16-09-000-102.000-007 ; 61-16-09-000-201.000-007
Legal Description: 018-00292-00 PT NW1/24 9-14-6 18.51 REG 16.45 F.R ; 018-00292-02 NW1/4 SW1/4 9-14-6 14.75REG 25.25 F.R. ; 018-00298-00 PT NE SW 9-14-6 16; 018-00292-04 PT NW1/4 9-14-6 51.70 REG 41.50 F.R 4.80 W.L ; 018-00293-00 NE1/4 9-14-6 27.50 REG 54.40 F.R. 38.10 W.L
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: see below

Possession of Non-Tillable: Immediately at Closing

Possession of Tillable: Subject to Tenant/Farmer agreement for 2019-2021.

Possession of Crop or Crop Monies: $100 per tillable acre will go to the Buyer at Closing.

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.

986 Real Estate Parcels Sold of the last 1,003 Listed!!

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