812-249-5090
812-249-5090
A Full Time Certified Real Estate Auction & Real Estate Brokerage Service
Auction Location:
111 West Main Street, Farmersburg, IN, USA
Property Description
This 44.96 acre privately owned airport (3I3 identifier) has two runways.
The East - West runway is: 09-27 (3557 ft. X 50 ft.) 088 degrees
The North - South runway is: 18–36 (1978 ft. X 50 ft.) 003 degrees
The elevation is 496 foot. Both runways are fair Asphalt.
There is a nice maintenance shop with heat.
Hangers on the north side and south side of the East / West runway.
There are 14 hangers on the north side of the runway.
On the south side of the East / West runway, there are 23 "T" hangers and a large hanger, across from the office.
The shop is on the north side of the runway and it is 60'x 100' with a 32' x 60' extension.
There is a 12,000 Gallon Double Lined Underground Fiberglass Tank (Not Metal)
There is a large nice brick office as soon as you drive in from Clinton St.
This property also has an entrance from Hasselburger Ave.(That is a second entrance on the south).
This Property has city sewer, and private water well. + City Water at the road!
The Office has Geothermal Heat & Air.
CTAF/Unicorm 122.8
*note: All rented hangars will be assumed by the New Buyer.
Parcel Numbers: 84-02-26-100-002.000-013; 84-02-26-201-011.000-013; 84-02-26-226-001.000-013; 84-02-26-226-002.000-013; 84-02-26-228-001.000-013; 84-02-26-228-002.000-013; 84-02-26-251-007.000-01
Real Estate Taxes: Tax Exempt
Terms of Real Estate: The Successful Bidder will deposit 5% of the contract purchase price (minimum $1,000, except for exempt entities) on sale date 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.
Buyer's Premium: The Buyer's will pay 5% Buyer’s Premium which will be added to the bid price to arrive at the contract price.
Possession: At closing and not before.
Survey: Buyer will pay for survey, if one is needed.
Email Address: auctions@jswalls.com
Agency: Johnny Swalls Auction, Inc. and it's Representatives are Excluve Agents of the Seller
Auctioneer/Broker: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA, AU1026257, RB14033902, AC30700074