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94 Acres - Murray-Urang Farm

David Murray & The Urang Family Trust will offer the following Real Estate for sale located at: County Rd 500N & 550W, Graysville, Indiana, Sullivan County, Turman Township.

DIRECTIONS: Directions: From SR 63 & SR 154, Travel North on SR 63; Turn right (east) onto W CR 500N (Right before Dodds Bridge). Watch for Johnny's signs!

According to the Sullivan County FSA there are 49 tillable acres. This property will be offered in 2 Tracts or as a Whole. The property is level to sloping, has field tile for Riser pipes and has electricity available.

Tract 1 will consist of 22 acres m/l with 8.81 acres tillable and is a corner property.

Tract 2 will consist of 72 acres m/l with 40.18 acres tillable The Seller states,

“The timber land has been managed by Stambaugh Forestry, on behalf of the owners. There are approx. 44 acres of Timber. There was a selective tree harvest done in the mid 1990’s, for the purpose of encouraging maximum sunlight and tree growth. The timber acreage now contains mature & healthy trees, making it perfect for hunting or other recreational use.”

The Sellers are retaining all Mineral Rights. The Buyer will have to honor the perpetual easements to the oil wells. Tract 1 has an oil well and Tract 2 has 3 oil wells (2 Driveways).

Soil Type: ReA-Reesville (Good Producer)   

Flood Zone:  The tillable is not in the Flood Zone. The 20 northeast acres are in the Flood Zone

Parcel Numbers: 77-06-03-000-012.000-016; 77-06-03-000-014.000-016
Legal Description: PT W 1/2 SE 52., PT SW SW SE 22. 3-8-10 74 AC; S 1/2 Se Ne, 3-8-10 20 Ac
Real Estate Taxes: Approx. $27.00 per acre per year and will be pro-rated at closing.

Terms: 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 Sellers and Sellers 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.

Possession: After 2015 Crops are harvested or at closing, if already harvested.

Mineral Rights: The Sellers are retaining all Mineral Rights. The Buyer will have to honor the perpetual easements to the oil wells. Tract 1 has an oil well and Tract 2 has 3 oil wells (2 Driveways).

Survey: The Buyer(s) 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.

886 Real Estate Parcels Sold of the last 903 Listed!!

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