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SOLD PRIOR TO AUCTION - $645,888.00 THANK YOU!!

Marlon Query, Daniel Query and Jeffery Query will offer for sale:

To Settle The Estate of Junior Query

200 Acre Auction Date: Wednesday, June 5, 2019 @

The Real Estate 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: June 4th by 12 NOON

DIRECTIONS: From IN-59 (Main Street) in Clay City, turn East onto State Highway 246, stay on 246 for 3.5 miles. The property is on the left (North) side just across the Clay/Owen County line, watch for Johnny's signs!

Tract 1: This Real Estate is a 4 bedroom, 2 bath all brick home situated on 5 acres. The home has central air, electric ceiling heat, electric water heater, 100-ampere breaker box, well water and septic. The refrigerator, range and oven all stay with the home. The home has a beautiful new sculptured shingle roof. There is a 1-car attached garage with knotty pine interior, overhead electric garage door opener and a concrete floor. The home has a circle asphalt drive, along with a 72' x 48' pole barn and a shed. 

Tract 2: This Real Estate is 80 acres along State Road 246 on the east side of the old County Road that has been abandoned and is now split between tracts 2 & 3. There are 2 ponds and wood for hunting and camping. There are 45.41 tillable acres m/l.

 

Tract 3: This Real Estate is 115 acres along State Highway 246 & County Line Road/County Road 300E. This is a corner property with good hunting. This would make a great cattle or horse farm. There are 32.15 tillable acres m/l.


Parcel Numbers: 60-13-23-304-150.000-023; 60-13-23-300-160.001-023; 60-13-23-300-160.000-023
Legal Description: S23 T10 R6 ; SW SW S23 T10 R6 ; SW SW S23 T10 R6
Real Estate Taxes: to be determined

Terms: (Terms of Real Estate) 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.

Mineral Rights: 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: To be paid for by the Buyer! Tract 1: $900 for the home. Tract 2: $933.50 for the 80 acres. Tract 3: $933.50 for the 115 acres. OR $2,767 for all 3 tracts.

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.

1,005 Real Estate Parcels Sold of the last 1,012 Listed!!

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