LAWSON & CO. has a 99% success rate in selling real estate at auction. Some of the advantages of the auction method are:
- Seller determines at what price the property sells
- Property sells in a timely manner (buyer must do business on sale date)
- No negotiating (terms of sale are predetermined)
- Limited liability for seller (properties sell in “As-Is” condition)
- Price property brings is usually higher than anticipated
We’re pleased to coordinate the following upcoming real estate auctions:
Real Estate Auction
118.76+ Total Acres – 73+ Tillable Acres
Pastures – Creek – House – Barns
4217 E. State Road 234, Ladoga, IN 47954
Scott Township – Montgomery County – West of Ladoga
Offered in 2 Parcels & in its Entirety
Wednesday, April 17th, 6:30 p.m.
Auction to be held at the Old Normal Hall Banquet Facility,
100 N. Harrison St., Ladoga, IN 47954 (NWC of SR 234 & Harrison St.)
OPEN HOUSES:
Tuesday, April 2nd, 5:00-7:00 p.m.
Tuesday, April 9th, 5:00-7:00 p.m.
Parcel 1: 19+ acres; pasture; house built approx. 1940 with approx. 1,422 sq.ft. of living area, updated roof, updated gutters, partially updated vinyl windows, crawl space, covered front porch, living room, hall, dining room, kitchen, laundry room, three bedrooms, updated full bathroom, updated gas furnace with central air conditioning, 100 amp fuse box, gas water heater, attached 2+ car garage, private well, & 7 year old septic tank with lateral line to creek; bank barn approx. 3,744 sq.ft. main level & approx. 3,744 sq.ft. lower level; barn/corn crib approx. 2,160 sq.ft.;shed/detached garage approx. 240 sq.ft.
Parcel 2: 99.76+ acres; 73+ tillable acres; pasture; Big Raccoon Creek.
Farm to be offered in 2 parcels & in its entirety,
selling in the manner resulting in the highest
total gross auction price
Directions to Farm: Take SR 234 west from Ladoga to the farm at 4217 E. SR 234, Ladoga, IN.
Directions to Auction Site: Old Normal Hall Banquet Facility, 100 N. Harrison St., Ladoga, IN, at northwest corner of SR 234 & Harrison St.
TERMS OF AUCTION
TERMS: Purchaser to pay 10% down day of auction with balance due on or before May 17, 2024.
TAXES: Real estate taxes to be prorated to day of closing.
SURVEY: Survey to be provided by the seller, if applicable.
FINAL BID: Property to sell subject to final approval of the estate/trust representatives.
POSSESSION: Subject to tenant’s rights with cash rent for 2024 growing season to be prorated to day of closing. Possession of tillable land upon harvest of 2024 crops. Possession of improvements and pastures day of closing.
IMPROVEMENTS: All improvements to be sold in “AS IS” condition.
INSPECTIONS: Call LAWSON & CO. at 317-745-6404 to schedule an appointment to inspect the property, or visit the Open Houses.
Click Here to View the Auction Brochure
Click Here to View Photos
Owner: Estate of Howard M. McMullen & HMM Asset Protection Trust
Personal Representative & Trustee: Kenneth L. McMullen
Attorney: Dori Brauman Moore, Brownsburg, IN
LAWSON & CO.
Auctioneers & Real Estate Professionals
Jack Lawson, AU01000629 – Brandon Lawson, AU19300138
P.O. Box 327 – 1280 E. Main Street – Danville, IN 46122
Phone (317) 745-6404 / Fax (317) 745-7810 / AC31300014
Real Estate Auction
139.85+ Total Acres – 85.81+ Current/Potential Tillable Acres
Woods – Pastures – Creek – Pond – Building Sites
Historic Home Built in 1837 – Barns & Outbuildings
Public Water – Natural Gas
1015 Heltonville Road E (State Road 58), Bedford, IN 47421
Shawswick Township – Lawrence County
Thursday, April 18th, 6:30 p.m.
Auction to be held at the Artemis Conference & Banquet Hall,
1312 J Street, Bedford, IN 47421
OPEN HOUSES:
Wednesday, April 3rd, 5:00-7:00 p.m.
Tuesday, April 9th, 5:00-7:00 p.m.
Parcel 1: 29.43+ acres; 15.76+ current/potential tillable acres; pasture; Swing Parcel must sell with an adjoining auction parcel or to an adjoining property owner with road frontage/access.
Parcel 2: 54.49+ acres; 45.69+ current/potential tillable acres; pasture; woods; frontage on Heltonville Road (State Road 58).
Parcel 3: 7.24+ acres; pasture; easement/driveway access from Heltonville Road (State Road 58); Bedford public water; natural gas; septic system in need of updating; 1,162 sq.ft. house built 1837, on the National & Indiana Historic Registers with brick exterior, metal roof, updated gas furnace with central air conditioning, main level – kitchen, living room, entry, bedroom, & full bathroom, 224± sq.ft. loft/attic with two rooms; several barns & outbuildings.
Parcel 4: 48.69+ acres; 24.36+ current/potential tillable acres; pasture; small pond; creek; frontage on Heltonville Road (State Road 58).
Current/potential tillable land consists mostly of Crider & Caneyville
type soils with an approximate overall WAPI for corn of 140.5
Farm to be offered in four parcels, combinations of parcels,
& in its entirety, selling in the manner resulting
in the highest total gross auction sale price
Great agricultural & recreational/hunting property
with future development potential
Directions to Farm: In Bedford, take Heltonville Road (State Road 58) east to the farm at 1015 Heltonville Road E, Bedford, IN 47421.
Directions to Auction Site: In Bedford, take I Street north from U.S. 50 & 15th Street to 13th Street. Go west to J Street. Go south to the Artemis Conference & Banquet Hall, 1312 J Street, Bedford, IN.
TERMS OF AUCTION
TERMS: Purchaser to pay 10% down day of auction with balance due on or before May 20, 2024.
TAXES: Buyer(s) to begin paying real estate taxes in Spring of 2025.
FINAL BID: Property to sell subject to final confirmation of the owner.
POSSESSION: Day of closing, subject to tenant’s rights.
SURVEY: Survey to be provided at seller’s expense, if applicable.
IMPROVEMENTS: All improvements to be sold in “AS IS” condition.
INSPECTIONS: Call Lawson & Co. at 317-745-6404 to schedule an appointment to inspect the property, or visit the Open Houses.
Click Here to View Photos
Click Here to View the Auction Brochure
Owner: BAILEY FAMILY LLC
LAWSON & CO.
Auctioneers & Real Estate Professionals
Jack Lawson, AU01000629 – Brandon Lawson, AU19300138
P.O. Box 327 – 1280 E. Main Street – Danville, IN 46122
Phone (317) 745-6404 / Fax (317) 745-7810 / AC31300014