State Rd 66 , Troy, IN 47586(Spencer County)

74-09-11-400-026.000-013 NE COR NE SE SEC11 T6 R4 12.0000 A

Tract Four: consists of 75.75 acres m/l. will share the lake riparian rights with Tract 2.

Parcel Number: To be determined Legal Description: To be determined

Tract Five: consists of 59 acres m/l. will have a small pond and silo

Parcel Number: To be determined Legal Description: To be determined

Tract Six: consists of 6.6 acres m/l.

Parcel Number: 74-09-13-200-001.000-013 Legal Description: PT N1/2 NW 13 6 R4 6.75 AC

This is an Investment property for Rural Residential Development. This property has a breath taking view of the Ohio River and one could build a castle a loft this property. This would make a wonderful cattle ranch with a $50,000 white rock road going to the top of this large hill.

NOTE: All Tracts will have an easement to use the $50,000 white rock drive to their property for ingress-egress.

TERMS OF REAL ESTATE: The Successful Bidder will deposit 10% of the contract purchase price (except for exempt entities) at the auction in the form of cash, cashier’s check or approved personal check or company check with bank letter of guarantee (no bank drafts). The Buyer 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 Buyer 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 Buyer 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 day of sale or during the sale take precedence over any oral or written heretofore. 

BUYER’S PREMIUM: The Buyer will pay a 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price. The Buyer is only required to pay 10% down, of the contract price, day of sale.

SURVEY INFORMATION: The Buyer will pay for Survey if sold in tracts. No Survey if sold as a whole.

MINERAL RIGHTS: All coal, fire clay, gas & underlying minerals owned by the Seller will be transferred to the Buyer and we believe they own all of them.

POSSESSION: At closing.

REAL ESTATE TAXES: The Real Estate Taxes will be pro-rated at closing.

FOR SHOWING, CALL: 812-495-6119 or 1-877-696-5099 AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA,

INAU01026257 PB20803178

695 REAL ESTATE PARCELS SOLD OF THE LAST 705 LISTED. A FULL TIME CERTIFIED AUCTION SERVICE!