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S. Joseph and Barbara Freeze

41 acres m/l in Vigo County

Auction Date: Thursday, February 14, 2019 @ 2 P.M

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: February 13, 2019 by 12 NOON

DIRECTIONS: From the intersection of US 41 and St Rd 246 turn East on St Rd 246. Go over the railroad tracks and the property will be on the south side of St Rd 246 just passed the railroad tracks. Watch for Johnny's Signs!

This Real Estate is 41 acres m/l on State Road 246. There are 31.11 tillable acres. The soils on this property include: Iva Silt  (IvA & IvB), Cory (Co) & a little Ragsdale (Ra). There is about 5 acres of recreation area and a deer resting place with old pond. 

Joe Freeze states his Farmer reported 229.47 bushels of dry corn to the acre from this land in 2018.

*Upon request, we will send you a recent soils analysis. 

Parcel Numbers: 84-13-35-200-002.000-006
Legal Description: NW NE & STRIP E SIDE NE NW D-358/64 & D-444/3132 & D-445/5596 35-10-9 41.00 AC
Real Estate Taxes: $1,475 m/l per year

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.

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.

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

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