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112.04 Ac (103 Tillable), Farm Land & 2 Implement Barns, Halstead, East & West of 159, Lewis

Harry L. & Rebecca J. Halstead will offer the following Real Estate at Auction located East & West of SR 159, Lewis, Indiana, Clay County, Lewis Township.

January 14, 2016 @ 2:00 PM

DIRECTIONS: From US 41 & SR 246, Travel East on SR 246; Turn right (south) onto SR 159. Watch for Johnny’s Signs!

This property is being offered in 3 Tracts or as a whole. According to the Clay County FSA there are 102.98 tillable acres.

Tract 1 will consist of 50.5 acres m/l with 43.18 acres tillable w/some tile & terraces. There is a white rock drive and underground electric. There is an open-sided 42 ft x 60 ft implement building w/200 ampere electric service, 9 ft, two 16 ft. and 18 ft open bays. There is a 36 ft x 56 ft nice, metal sided, implement building w/3 overhead doors, 2 sliding doors, a service entrance and a 100 ampere breaker box.

Tract 2 will consist of 49.51 acres m/l with 48.18 acres tillable.

Tract 3 will consist of 12.03 m/l acres with 11.62 acres tillable. There are approx. 9 acres tiled.

Soils Types: IvA & MuB2     

Flood Zone:  This property is not in the Flood Zone.


Parcel Numbers: 11-12-06-200-006.000-009; 11-12-06-300-004.000-009; 11-12-06-300-006.000-009; 11-12-06-300-007.000-009; 11-12-07-100-001.000-009
Legal Description: NW SW 6-9-7 33.37A; SE NW 6-9-7 39.19A; SE/4 SW/4 6-9-7 14.9A; NE COR SW/4 SW/4 6-9-7 10A; N PT NW/4 NE/4 7-9-7 12.02A
Real Estate Taxes: Approx. $23.36 per acre per year and 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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