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ALL THREE TRACTS SOLD PRIOR TO AUCTION! THANK YOU!

P. Burger, L. Megenhardt, G. Singleton, L. Walker, J. Megenhardt, D. Greenman and B. Braun will offer for sale:

101.96 ACRE LAND AUCTION

Auction Date: Wednesday, May 22nd, 2019 @ 2 P.M if not sold prior to auction.

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: May 21, 2019 by 12 NOON

DIRECTIONS: West of State Road 157. Please watch for signs on Defore road.

 24 acres in Clay County:

This Real Estate is 24 acres on County Road 1275S and County Road 175E. There are 23.97 tillable acres with 0.3 acres in CRP. There is Ava Silt (AvB2) soil.

            Parcel Numbers: 11-11-21-400-001.000-005 ; 11-11-21-400-004.000-005

                Legal Descriptions: Pt NE/4 SE 21-9-6 8 A, Pt SE/4 NE 21-9-6 4 A ;

                Pt NE/4 SE 21-9-6 8 A, Pt SE/4 NE 21-9-6 4 A

                Real Estate Taxes: $538 m/l per year

37.96 acres in Owen County:

This Real Estate is 37.96 acres on the corner of Defore Road and Bethsedia Road. There are 37.44 tillable acres. There is Stendal Silt (StdAH) soil.

                Parcel Number: 60-14-25-300-150.000-020

                Legal Description: IN NE SW S25 T9 R6 37.42A

                Real Estate Taxes:  $755 m/l per year

40 acres in Owen County:

This Real Estate is located on Bethsedia Road. There are 33.3 tillable acres. There is Stendal (StdAH) soil.

                Parcel Number: 60-14-36-200-060.000-020

                Legal Description: SW NW S36 T9 R6 40A

                Real Estate Taxes: $565 m/l per year

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Legal Description:
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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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