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SOLD! $315,000.00

91.32 Ac., Hoopingarner & Skinner, S. CR 900W., Reelsville, IN

Harold Hoopingarner, Jeannine Hoopingarner & Stephanie Skinner will offer for sale the following real estate located on S. County Road 900 W., Reelsville, Indiana.

Wednesday, February 20, 2013  @ 2:00 PM SHARP!

This property may be purchased prior to auction by contacting Johnny Swalls with an offer and the Seller will act on the offer. The deadline for making this offer is: Tuesday, February 19, 2013, at 12:00 Noon.    First accepted Offer Buys.

DIRECTIONS: From Brazil, Indiana travel East on US 40; Turn left onto S. County Road 900 W. (County Line Rd.); Proceed to Property.       WATCH FOR JOHNNY’S SIGNS!!!

TRACT 1 consists of 10 Acres m/l with .7 Acres tillable.


TRACT 2 consists of 81.32 Acres m/l with 47 Acres tillable.


NOTE: We have a standing timber appraisal. The total value of the timber on 45 acres was $32,906.76 as of August 10, 2012.

Parcel Numbers: 67-11-07-200-006.000-019 & 67-11-07-200-009.000-019
Legal Description: PT NW S7 T13 R5 51.32A & PT NW S7 T13 R5. 40 A
Real Estate Taxes: are approximately $16.27 per acre per year. The taxes will be pro-rated at closing.

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: At closing and not before.

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.

982 Real Estate Parcels Sold of the last 999 Listed!!

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