SOLD PRIOR TO AUCTION! THANK YOU!!
Jan Brown, Debra Astin and Jeana Mcilroy will offer for sale
136.58 acres m/l in 4 tracts.
Auction Date: Wednesday, August 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: August 13, 2019 by 12 NOON
DIRECTIONS: US Hwy 41 take State Raod 246E towards Lewis. Take 246 to Wimer, turn left onto Welch. The property will be on the right. Watch for Johnny's signs!
This Real Estate is 136.58 acres m/l in Vigo County.
TRACT 1: This Real Estate is 40 acres.
Parcel Number: 84-14-26-400-001.000-015
Legal Description: NW SE 26-10-8 40.000AC
Real Estate Taxes: $1,517 m/l per year
TRACT 2: This Real Estate is 59 acres m/l
Parcel Number: 84-14-26-300-001.000-015
Legal Description: N SIDE SW EX R R D-325/549 26-10-8 59.000AC
Real Estate Taxes: $2,118 m/l per year
TRACT 3: This Real Estate is 15.08 acres m/l
Parcel Numbers: 84-14-24-200-004.000-015 ; 84-14-26-100-003.000-015
Legal Descriptions: S & W PRT E-1/2 NE NE 27-10-8 13.750AC ; W PRT NW NW D 339/631 26-10-8 1.330AC
Real Estate Taxes: $567 m/l per year
TRACT 4: This Real Estate is 22.5 acres m/l
Parcel Number: 84-14-26-100-004.000-015
Legal Description: SW PRT SW NW D 339/631 26-10-8 22.500AC
Real Estate Taxes: $831 m/l per year
Parcel Numbers: see above
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.
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.
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.
1,000 Real Estate Parcels Sold of the last 1,007 Listed!!