107 Acres, Santarossa, Land Auction

John M. Santarossa will offer for sale at Auction the following Real Estate located North of County Rd 650 North and West of Happy Holler Rd., Brazil, Indiana, Clay County.

Wednesday, October 21, 2015

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: Tues. October 20, 2015 at 12:00 NOON

DIRECTIONS: From Highway 40 & Tabortown Rd, travel South on Tabortown Rd; Turn left (East) onto Seelyville Ave; Continue onto CR 650N. Watch for Johnny's Signs!

BUYER MAY PURCHASE PRIOR TO AUCTION!

      jswalls.com         

Sale Location: Holiday Inn 3300 US Hwy 41, Terre Haute, IN

NOTE: 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: Tues. Oct. 20, 2015 at 12:00 Noon. First Accepted Offer Buys!

            Please call prior to Auction to see if property has sold!

REAL ESTATE: This property is being offered in 2 Tracts and may be purchased as a whole.

Tract 1 is 62.62 Ac m/l with approx. 54 acres tillable. There is road frontage on County Rd 650 North. The soil type isFcB - Fairpoint. A great standing bean crop on this reclaimed ground. Buyer(s) will own part of the strip-pit on the north end.

Tract 2 is 44.14 Ac m/l with a 30 Acre well stocked lake. There is road frontage on County Rd 650 North and a lot of wildlife for hunting.

Parcel Numbers: 11-03-18-100-006.000-011; 11-03-17-200-015.000-011
Legal Description: PT NE (SURFACE ONLY) 18-12-7 82.74A PER DEED & SURVEY; PT NW (SURFACE ONLY) 17-12-7 36.95A PER DEED & SURVEY
Real Estate Taxes: Will be pro-rated at closing. (Present amount includes the home - not for sale)

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 of Non-Tillable: At closing

Possession of Tillable: After 2015 crops are harvested.

Possession of Crop or Crop Monies: Seller will retain the 2015 crop or crop monies.

Mineral Rights: All coal, fireclay, gas & underlying minerals are not being sold with the Real Estate.

Survey: The Buyers will pay for survey if sold in two tracts and Seller chooses the Surveyor.

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.

886 Real Estate Parcels Sold of the last 903 Listed!!