Timberland & Recreational Retreat in Bloomington, Indiana


  • , , , ,
  • Wed, May 22, 2024
  • 6:00 PM
  • Online only

Description :


Welcome to a nature lover’s paradise that is this rare acreage on Bloomington’s East side.

Nestled within the serene Lake Monroe Watershed area, this 72.83-acre woodland paradise awaits its next steward. With frontage on E Lampkins Ridge Rd, the property boasts two picturesque ridgelines, offering potential building sites with breathtaking views. A tranquil creek scattered with geodes meanders through the property, which is home to morels and chanterelles in the spring.

Imagine exploring unspoiled mature woodlands of diverse trees, wildflowers, and native plants. This land is habitat for a range of wildlife, including white tail deer, wild turkey, red fox, Eastern box turtles, owls, downy and pileated woodpeckers, and other migratory birds are commonly seen.

The land has undergone timber stand improvements in the last half century, and a recent timber appraisal demonstrates impressive timber value on the property, including quality white oak, red oak, black oak, sugar maple, tulip poplar, wild cherry, beech, sycamore, shagbark and pignut hickory. The owners also planted a substantial black walnut grove in the 1990s.

For those seeking solace in nature, this property is a rare gem, with Lake Monroe, Paynetown State Recreation Area, and Brown County State Park just 15 minutes away. You can also enjoy the amenities of city life, within a 5-minute drive to Bloomington’s East side, 20 minutes from Nashville, 60 miles from downtown Indianapolis, and 100 miles from Louisville, KY.

This is an opportunity to create your own secluded haven in the heart of Southern Indiana natural woodlands, that is nearby the art, music and cultural amenities of a major university.

Auction Links:

 

Auctioneer: Jimmie Dean Coffey | Lic. # AU01049934

 

Terms/Conditions :


000 E Lampkins Ridge Rd
Legal Description

010-05770-00 PT W1/2 NW 9-8-1E 72.83A; PLAT 1
 The property will be sold at Public “Online - Internet Auction”, ending May 22, 2024 @ 6pm EDT
 The property will be sold subject to seller’s confirmation (sells with reserve).
 Property sells As-Is with no warranties expressed or implied
 The auction is Subject to prior sale (the property can be purchased prior to the end of the auction)
 The seller reserves the right to cancel the auction at any time prior to the final bid closing
 Buyers Premium
o An 11% buyer’s premium will be added to the final bid and charged to the buyer, the final bid plus the 11% Buyer’s
premium will establish the final sales price.

 A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the
auction contract by the sellers. Down payment will be payable to John Bethell Title Co. The down payment deposit will be non-
refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of
paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of
insurable title on or before July 8, 2024.
o A promissory note will be signed along with the down payment.
 Final closing is NOT contingent upon financing.
 The property will be conveyed by a Warranty Deed
 The seller agrees to furnish buyer(s) with an owner’s policy of Title Insurance Policy at closing.
 Real Estate Taxes: the taxes will be prorated to the day of closing.
 Closing:
o Closing shall take place at the office of: John Bethell Title Company - 2626 S Walnut St, Bloomington, IN 47401
o Closing fee will be paid by the buyer.
o Closing will be held on or before July 8, 2024.
 Possession will be granted at final closing.
 The successful Bidder shall execute electronically an “Auction Real Estate Sales Contract” for the property immediately after being
declared the Successful Bidder by the Auctioneer.
 Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due
diligence concerning the property.
o Further; Property sells as-is with no warranties expressed or implied.
 JDC Group, INC dba United Country Coffey Realty & Auction and their representatives are exclusive agents of the Seller.
 All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material.
 All information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however the
seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on ad are for
representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer
to update this information.
SALE SITE: Internet Only
VIEWING INSTRUCTIONS: By Appointment
The viewing of the property will be at the viewer’s own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for
accidents.

Attachment :


Lots / Categories :


Real Estate Properties

Timberland & Recreational Retreat in Bloomington, Indiana

Welcome to a nature lover’s paradise that is this rare acreage on Bloomington’s East side. Nestled within the serene La...

72 Acres - Sq-ft
-
E Lampkins Ridge Rd., Bloomington, IN

Personal Property

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