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17.34 acres, Dixie Chopper Business Center, 2 Hangars, 3.34 acres; Home w/1 Hangar & 3 acres & 10 Acres (A Turn Key Operation); Commercial Real Estate Aviation Auction

Dixie Chopper Business Center, LLC will offer the following Real Estate for sale located at: 102 Ballard Lane, Greencastle Township, Putnam County, Greencastle, IN.

Thursday, October 15, 2015 @ 2:00 PM

DIRECTIONS: From US 231 & Vine St. in Greencastle, travel East on E Washington St.; Turn slight left (north) onto Indianapolis Rd.; Turn right (East) onto Ballard Ln; WATCH FOR JOHNNY’S SIGNS!


 

Thursday, October 15, 2015

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: Wed., October 14, 2015 at 12:00 Noon

First Accepted Offer Buys!


This is a steel framed structure with a concrete slab floor, metal roof,

2 Large Carrier heat/air units, generator, Asphalt parking lot w/approx. 42 on-site parking spaces,

drive and ramp and includes the 4 following areas:

 

 Final Approach Bar and Grill: Consists of all trade fixtures, concrete slab patio,

outdoor seating, gas wall oven, ice maker, 3 sinks, walk-in cooler/freezer w/rubber roof and bar.

 

Business Center: Consists of a conference room w/a large pull-down projector screen

with a DVD player, VHS player, stereo system, carpet and seats up to 50 people.

Also, a nice display area, reception deck and counter.

 

Event Center: Consists of 2 hangars, halogen lighting, concrete slab floor, electric hangar doors,

gas heaters, restroom, electric water heater and a tornado shelter.

The Seller states, “One hanger is 70 ft x 80 ft and the one to the south is 80 ft x 90 ft.”.

Note: If needed, 3 jets will fit in the smaller hanger.

 

Hotel: Consists of  6 deluxe double rooms and 6 single rooms. The rooms are carpeted and

equipped with individual heat/air, wireless internet, cable TV, microwave, refrigerator,

hair dryer, clothes iron and ironing board. The men’s restroom has 2 stalls and 1 urinal.

The women’s restroom has 3 stalls and 2 sinks. Both restrooms have ceramic tile floors, lay-in ceiling tile,

fluorescent lighting, changing table, soap dispenser, motion sensor towel and sink.

The hotel lobby has ceramic tile flooring, lay-in ceiling tiling, fluorescent lighting and check-in counter with 14 camera surveillance system. The laundry room has a commercial washer and dryer.

NOTE: All rented times will be honored. Also, PHI STAT FLIGHT LEASE will be honored.

Parcel Numbers: 67-09-23-400-037.003-007; 67-09-23-400-037.000-007
Legal Description: Ballard Sub (7.34a); PT Se S23 T14 R4 10a Split 2.3a to 014-500941-07 05/13/13
Real Estate Taxes: Will be pro-rated at closing. Note: Probably a tax abatement for new Buyer.

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.

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