812-249-5090
812-249-5090
A Full Time Certified Real Estate Auction & Real Estate Brokerage Service
Property Description
The property will be sold at 12:00 Noon on Wednesday, October 8, 2025.
If Bidders are still bidding at 12:00 Noon, each bidder will have 5 minutes to place a bid until Bidders have stopped bidding!
Tract 1: 68.68 Acres with 65.71 Tillable Acres located on the East side of County Road 50 W and 3/4 of a mile north of Old State Road 54 (Will be sold by itself)
Tract 2: 17.64 Acres All Tillable located on County Road 100 W on the East side (the Owners have decided to sell both parcels together, so you are bidding on this (Tract 2: 17.64 Acres) AND (Tract 2: 33.64 Acres) (Will be sold with Tract 2: 33.64 Acres)
Parcel Numbers:
Tract 1: 77-10-09-000-002.001-011 &
77-10-09-000-002.000-011
Tract 2: 77-10-09-000-006.003-011
Real Estate Taxes:
Tract 1: $3,351.64
Tract 2: $940.49
Terms of Real Estate: The Successful Bidder will deposit 5% 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: After 2025 crops are harvested
Survey: Buyer will pay for survey, if one is needed and will not delay closing.
Email Address: auctions@jswalls.com
Agency: Johnny Swalls Auction, Inc. and it's Representatives are Exclusive Agents of the Seller
Auctioneer/Broker: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA, AU1026257, RB14033902, AC30700074