80 ACRES: THE PRESENT TOTAL PRICE BID IS $375,000 or $4,688 per acre.

Buyer may purchase prior to Auction.

Aaron L. Frink will offer for sale:

80 Acres | 38.46 Tillable in Sullivan County

Auction Date: Wednesday, April 16, 2025 @ 2:00 PM

Auction Location: Johnny Swalls Auction, Inc (111 W Main Street Farmersburg, IN 47850)

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: Tuesday, April 15 @ 12:00 NOON

DIRECTIONS: From State Road 48 and US 41 head west of Shelburn to County Road 300W, go north to County Road 850 N and turn left to the property.Watch for Auction Signs.

https://youtu.be/oCBoqvS4c3c

There are several building sites, in the woods, with an asphalt road out front.

Seller's share of the 2025 crop will go to the Buyer.

 80 acres with 38.46 tillable.

Parcel Numbers: 77-03-24-000-014.000-006
Legal Description: E 1/2 SW 24-9-10
Real Estate Taxes: $1,788 PER YEAR

Terms: The Successful Bidder will deposit 5% 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: See below.

Possession of Non-Tillable: At Closing

Possession of Tillable: After 2025 crops are harvested.

Possession of Crop or Crop Monies: Seller's share of the 2025 crop will go to the Buyer.

Mineral Rights: All underlying mineral rights, coal, fireclay, oil and gas rights owned by the Seller will be transferred to the Buyer

Survey: Buyer will pay for survey, if one is needed.

Email: auctions@jswalls.com

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!!