Land Auction
 

69 +/- acres in Vermillion County, Indiana
Hunting, Fishing, Recreational
& Reforestation Land

Auction Location: On Site   NOTE: AUCTION TO BE HELD AT PROPERTY SITE! AUCTION BROCHURE IS INCORRECT!

Property Description: Approximately 53 acres of woodlands for exceptional hunting and recreational use. Property has 11.4 acres in the Conservation Reserve Program for reforestation and has had 5,000 hardwood seedlings planted on it.  The remaining 4.6 acres also has had hardwood seedlings planted on it, but it is not CRP. The Vermillion River borders three sides of the property for outstanding fishing. The entire west boundary offers excellent blacktop road frontage. This property is a sportsman’s/outdoorsman’s paradise.

Legal Description: southwest ¼ of the northeast ¼ in Section 29 T17N-R10W containing 40 acres, north part of the northwest ¼ of the southeast ¼ in Section 29 T17N-R10W containing 17 acres and the southwest corner of the north ½ of the northeast ¼ in Section 29 T17N-R10W containing 11.404 acres in Vermillion County, IN.

F.S.A. Information: 11.4 NHEL acres in the Conservation Reserve Program for reforestation until September 2019 with an annually payment of $1,345.00. 4.6 NHEL acres not in CRP.

Classified Forest/Reforestation: 5,000 hardwoods planted in April of 2005 consisting of Walnut, Bur Oak, Swamp White Oak, Sycamore, Pecan, Silver Maple, Kentucky Coffee Tree, Bald Cypress and Tulip Poplar seedlings.  

Real Estate Taxes: The real estate taxes due in 2009 will be deducted from the selling price based on the taxes paid in 2008. The real estate taxes paid in 2008 were $390.92 or $5.71/acre. Buyer(s) will assume real estate taxes payable thereafter.

Auction Terms and Conditions

Down Payment: Ten percent (10%) down payment on the day of the auction upon signing a purchase agreement immediately following the close of the auction. The remaining balance will be due in 30 days at the closing with delivery of deed. Property is being sold subject to any easements or right of ways of public record. Buyer(s) will receive full possession at the time of closing. Buyer(s) should keep in mind that your bidding is not conditional to financing, so make certain that you have arranged financing if you need it.

Acceptance of bid prices: The successful bidder(s) will be required to sign purchase agreements at the auction site immediately following the close of the auction. The final bid price is subject to the Seller’s acceptance or rejection.

Title: Seller will offer title insurance on the property being offered in the auction.

Conservation Reserve Program: Buyer(s) will have to sign CRP contract with the Farm Service Agency to continue the current program.

Mineral Rights: Buyer(s) will receive mineral rights owned by seller.

Legal Questions: Legal questions may be directed to attorney David Frisse of Frisse & Brewster Law Offices in Paris, IL. (217)-465-1234

Agency: Moss Auction Team and their staff are exclusive agents for the Seller.

Auction Company Note: Announcements on Sale day take precedence over printed material or any other oral statement made.

Disclaimer and Absence of Warranties: The property is being sold on an “as is, where is” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential buyer is responsible for conducting his or her own independent inspections, investigations and inquiries concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. The auction procedure, conduct, and bid increments are at the direction and discretion of the Auctioneer. The Seller and the Auctioneer reserve the right to preclude any persons from bidding if there is any question as to the person’s credentials, fitness, etc. Auctioneer has final decision on all matters pertaining to this auction.

Seller: Margaret Orrick
 

Moss Auction Team, LLC

Paris, IL 217-465-4500

Larry Moss IN lic.#AU01017276

Matt Moss IN lic.#AU19900017
 

The Moss Auction Team is a full service professional Auction Company  owned and operated by Larry and Matthew Moss  in Paris, Illinois. 

Together we conduct auctions of various types in an ethical and honest manner with the use of both traditional and new innovative ideas for auctions. 

We are determined to use the auction method of marketing to bring both sellers and buyers together to reach fair market value of the property or goods being sold.