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SOLD! $530,000.00 THANK YOU!!

RLD 114.06 ACRES (101 Tillable m/l)

Auction Date: Thursday, March 28, 2019 @ 2:00 PM

DIRECTIONS: From Main Street and US 41 in Farmersburg; Turn south onto US 41; Turn West onto County Road 1100 N; Follow 1100 N to County Road 25 W; Turn south onto 25 W; the property will be on the northwest corner of CR 25 W & CR 1000 N. Watch for Johnny's Signs!

This Real Estate is 114.06 acres in Sullivan County with 101 tillable acres m/l. This is a corner property that is located on the Northwest corner of County Road 25W & 1000N Farmersburg, IN. There are good producing soils: Reesville (ReA & ReB2), Cincinnati (CnC3, CnD2, CnD3). The Buyer may farm the land this 2019 crop year. It’s hard to find a corner tract of 101 acres tillable, but here it is!

Parcel Numbers: 77-02-09-000-010.000-003; 77-02-09-000-011.000-003; 77-02-09-000-012.000-003
Legal Description: S 1/2 NE SW 20AC, PT SE SW 39AC 09-09-09 59.00AC; PT SE 09-09-09 52.62AC; PT SE 2.44 AC 9-9-9
Real Estate Taxes: Approximately $3,889 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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