INDIANA MOUND FARM TIMBER SALE

SOLD – 7 BIDS RECEIVED

County: Posey

State:   Indiana

Date:   Friday, June 7, 2013 at 10:00 AM  CDT (Evansville time).  Bid opening will be at the Barn on the property.

Type of SaleSealed bids. Fifteen percent down at contract signing, balance due by December 1, 2013 or before logging begins, whichever comes first.  Buyer will have until November 1, 2014 to remove the timber. 

Owner:  Indian Mound Farm, LLC

Location:  Approximately 1 mile south of New Harmony, Indiana in part of the NE¼ of Section 11, & part of the W½, W½ of Section 12, T5S, R14W, Harmony Township.  From Exit # 4 (Griffin exit) on I-64 travel south on Hwy 69 roughly 6.3 miles to the edge of New Harmony.  Note you will pass turn-offs for both Hwy 68 & Hwy 66 on your left (east).  Hwy 66 turns right (west) into New Harmony, while Hwy 69 continues south.  Take Hwy 66 into the center of New Harmony to a stop sign.  Turn left on to S Main St. (which becomes Maple Hill Road) and follow road straight through a stop sign for 0.7 mile to Old Dam Rd. on your right.  Turn right on Old Dam Rd. (Maple Hill Cemetery will be on your right) and follow this tree lined road up the hill 0.5 miles until you come to open field on your right.  There is an open gate on your right with pink & green flagging.  This gate leads into a field that’s at the north end of the Indian Mound Farm marked timber sale.  If you proceed south on Old Dam Rd. for 0.3 mile, you will see another open gate with pink & green flagging, which is a second access into a field adjacent the marked timber.  If you proceed south on Old Dam Rd. for 0.4 mile, you come to a pole barn and house on your right.  This is a property barn and where the bid opening will be held.  The marked timber is northwest of this barn.  See the map on back. 

Contact:  Multi‑Resource Management, Inc., 4870 N Park Lane Dr., Petersburg, IN  47567 

   e-mail:  multiresource@frontier.com

     Thom Kinney  812-483-4818 (C)    812-354-6472 (H)

     Doug Brown   812-639-9724 (C)    812-326-2243 (H)

Remarks:  Trees are marked with blue paint.  Seller reserves the right to accept or reject any or all bids.  The owner and their agents make no guarantees of the board feet, number, or quality of trees listed in the timber tally.  Bidders are urged to satisfy themselves as to type, quality, and quantity of timber offered for sale.  Buyer must have an Indiana timber buyer’s license.  Best management logging practices are required during the harvest operation.  Purchaser will be required to carry insurance.  A summary of diameter and volume distributions by species is available upon request.

TIMBER TALLY

SPECIES # OF TREES EST. VOLUME
Red Oak 43 24,099
Black Oak 80 33,342
White Oak * 39 18,555
Chinkapin Oak 26 7,244
Swamp Chestnut Oak 4 1,532
Walnut 71 12,810
Tuliptree 154 94,095
Hard Maple 73 14,224
Ash 227 62,670
Pecan 7 1,707
Cherry 21 2,867
Hickory 30 6,324
Beech 6 1,549
Sweetgum 14 5,494
Sycamore 10 3,808
Sassafras 44 5,465
Red Elm 15 2,552
Coffeetree 6 2,134
Hackberry 12 1,305
Am Elm 11 1,149
Misc ** 14 3,159
Subtotals 907 306,084
Culls 138 No Vol. Figured
TOTALS 1,045 306,084

There is 2 White Oak marked with a blue “V” that may contain veneer volume.

 **  Misc. includes 9 Honeylocust, 3 Scarlet Oak, 1 Blackgum, and 1 Persimmon.