Land Auction Saturday, March 30th, 2024
LAND AUCTION
Land Auction – 104.293 M/L acres in 4 tracts.
Saturday, March 30, 2024
11:00 am EDT
Day of Auction Location: Kingman American Legion
Kingman, Indiana
Tract 1.
40 ACRES M/L
TILLABLE
Location: 1.5 miles North of Wallace on S.R. 341, then 1.75 miles East on C.R. 800 S, then 1 mile North on Sugar Mill Lake Road. Watch for Greg Clingan signs.
Located in portion of section 5, Twp. 18N, Range 6W. 39.99 Acres tillable. Predominant soil types: Fincastle silt loam, Russell silt loam, Treaty silty clay loam.
Taxes: $778.24 Annual.
Buyer to reimburse former tenant $920.00 at closing for fall tillage.
TRACT 2.
4.073 ACRES M/L
Tillable – Potential Building Site
Location: 1.5 Miles North of Wallace on S.R. 341 to C.R. 800 S, then 1 mile East.
4.02 Acres tillable. Predominant soil types: Fincastle silt loam.
Located in portion of section 7, Twp. 18N, Range 6W. Taxes: $76.76 annual. Buyer to reimburse tenant $92.00 at closing for fall tillage.
TRACT 3.
33.03 Acres M/L
TILLABLE
Location: 2.25 miles North of Wallace on S.R. 341 then ½ mile East down lane.
Watch for Greg Clingan Auction & Real Estate signs.
Located in portion of section 7, Twp. 18N, Range 6W. Approximately 29 acres tillable. Predominant soil types: Fincastle, Russell, Xenia. Taxes: Approximately: $ 987.00 Annual.
TRACT 4.
26.94 ACRES M/L
Woods – Recreational – Hunting
Location: 2.25 miles North of Wallace on S.R. 341 then ½ mile East down lane.
Located in portion of section 7, Twp. 18N, Range 6W. remove woods and pasture. Taxes: Approximately $155.16 annual.
Terms of Real Estate: 10% Down day of auction with balance at closing within 45 days after auction – non refundable. Buyer must have financing arranged prior to auction. Not sold subject to financing. Real estate sold subject to owner confirmation. Seller will pay 2023 taxes payable 2024. Buyer will pay 2024 taxes payable 2025. Auctioneer is exclusive agent for the seller. All tracts have open tenancy for 2024.
Announcement’s day of sale take precedence over printed matter.
For more information stop by our office downtown Covington, call Greg at 765-793-7315, text 765-585-8418 or email clinganauctions@yahoo.com
William R. Livengood & Timothy L. Livengood – owners
