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Auction Information
Auctioneer Jeff Boston Auction Service (812) 382-4440
Auction Date Nov 21 Auction
Location
Graysville, IN
Time 03:00PM
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  • TRACT 1

    TRACT 1

  • 60 ACRES +/-

    60 ACRES +/-

  • 43.03 +/- PRODUCTIVE TILLABLE ACRES

    43.03 +/- PRODUCTIVE TILLABLE ACRES

  • TRACT 1

    TRACT 1

Auction Listing
AuctionZip Auctioneer ID# 1995

SEALED BID
FARM LAND AUCTION
concludes TUESDAY, NOVEMBER 21, 2017 @ 3:00 P.M.

Featuring 162.81 +/- acres in 3-Tracts,
 located in Turman Township GRAYSVILLE, IN

Productive Farm Land - Hunting / Recreational Land

Sellers: Stephen R. and Linda A. (Badger) Sturgeon will offer the following described land located west and northwest of Graysville, IN @ SEALED BID AUCTION.


TRACT 1
: From Graysville and the intersection of St. Rd. 63 and 154, take St. Rd. 154 west 2 ¾ mi (this Tract has St. Rd. 154 frontage). Featuring 60 acres +/- w/ 43.03 +/- productive tillable acres, the balance being in woods and ditch.

PARCEL NUMBER:                                                DESCRIPTION:
77-05-23-000-007.000-016                                     T8N R11W SEC23TURMAN                    

Real Estate Property Taxes: $2,099.88 per year


TRACT 2
: From Graysville and the intersection of St. Rd. 63 and 154, take St. Rd. 154 west 3.7 mi. to Levee Road, exit west and proceed 1.4 mi. (land is on the west side of the road). Featuring 79.91 +/- acres w/ 59 +/- tillable acres, of which 52 acres are under irrigation by a Reinke center pivot irrigation system; the balance being in classified forest / wildlife land. This tract features an xlnt opportunity for hunting / recreational land including wildlife galore, plus income potential of the crop and hay ground, or the potential to be enrolled into the CREP Program.

PARCEL NUMBERS:                                             DESCRIPTION:
77-05-16-000-005.000-016                                    SEC 16 & 17 T8N R11W
77-05-17-000-007.000-016
77-05-17-000-004.000-016

Real Estate Property Taxes: $1,188.72 per year


TRACT 3
: From Graysville and the intersection of St. Rd. 63 and 154, take St. Rd. 154 west 3.7 mi. to Levee Road, exit west and proceed ½ mi. to Co. Rd. 1225N, turn north and proceed 1.8 mi. to Co. Rd. 450W, turn west and proceed ½ mi. Featuring 23 +/- acres w/ 18.6 +/- productive tillable acres, the balance being in woods.

PARCEL NUMBER:                                                DESCRIPTION:
77-05-09-000-003.000-016                                     SEC9 T8N R11W TURMAN
77-05-08000-001.000-016                                     

Real Estate Property Taxes: $793.99 per year


TYPE OF DEED
: Warranty                                                                                                     

MINERAL RIGHTS will be Quit Claimed by the Sellers to the Buyer(s), subject to terms of the Title Insurance Commitment.

TAXES: The 2017 pay 2018 Real Estate Property Taxes will be paid by the Seller’s and credited to the Buyer(s) at time of closing.  

POSSESSION: Possession @ closing. The Buyer(s) will have the right to farm the ground in 2018.

AUCTION FORMAT: Sealed bid auction.

PROCEDURE: This real estate will be offered via sealed bid. Sealed bids shall be submitted to Jeff Boston Auction Service, LLC, with your best and highest offer, prior to Tuesday, November 21, 2017, 3:00 P.M. EST. The Bidder(s) may bid on an individual tract, or any combination of tracts. Call (812) 382-4440 for a Bidders information packet.

OFFER REQUIREMENTS: All offers must be sealed and the name, address, and phone number of the offering party must appear on the outside front of the envelope. Offers must be in writing on the appropriate Purchase Agreement’s provided by the Auction Company in the Bidder’s packet and must be received by Jeff Boston Auction Service, LLC, 5189 W. St. Rd. 154, Sullivan, IN 47882, prior to Tuesday, November 21, 2017, 3:00 P.M. EST. Bidder(s) may hand deliver or use overnight delivery service. Bidder(s) will be notified by Wednesday, November 22nd at 6:00 P.M. EST.

ALL OFFERS MUST BE ACCOMPANIED BY a Non-contingent Real Estate Purchase Agreement supplied by Jeff Boston Auction Service, LLC. The Real Estate Purchase Agreement must be properly completed and signed. Bidder(s) should carefully review the Real Estate Purchase Agreement to be used and any exhibits and addenda to the Real Estate Purchase Agreement.

TERMS OF SALE: 10% down within 48 hours of acceptance of the offer(s), with the balance due upon closing. 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. This Real Estate will be sold subject to any existing easements or right of ways of record. The Buyer(s) shall receive a Warranty Deed and a Title Insurance Commitment in the amount of the purchase price will be supplied to the Buyer(s) as the proposed insured by the Seller, and the Seller shall pay for title search, premium for owner’s policy and cost to correct any title defects. Minimum/Reserve: The Seller reserves the right to accept or reject any and all bids, but will strongly consider selling to the highest Bidder(s).  Although the information obtained herein has been derived from sources deemed reliable, all perspective Bidder(s) are urged to do their due diligence in gathering their own information pertaining to this property. Any statements made by the Auctioneer during this process takes precedence over any oral or written statements made heretofore.

NOTES: This property is NOT SUBJECT to sale prior to auction. NO Buyers premium.

Jeff Boston Auction Service, LLC
5189 W. St. Rd. 154 Sullivan, IN 47882
(812) 382-4440 
“A Farmer, Working For Farmers”
Now Serving IN – IL - KY        AU01027041

 




Auctioneer License Information: AU01027041

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