SOLD

County: Owen

State:   Indiana

Date:   Friday, August 8, 2014 at 10:00 AM  EDT (Spencer time) The bid opening will be held on the property at the gate into Stand #1.  (see map) 

Type of Sale:  Sealed bids & phone bids. Twenty percent down at contract signing, and balance due when logging begins.  Buyer will have until December 1, 2015 to remove the timber.

Owners:  Bob & Carolyn Livingston and Paul & Marilyn Morin

Location:  Located 2.5 miles west of Spencer, IN, in Sections 23, 24 & 25, T10N, R4W in Washington Twp.

Stand #1:  At the stoplight junction of Hwy 67 South and Hwy 46 West in Spencer, take Hwy 67 South.  At the second street on the right, which is only a block south of the stoplight past the Wendy’s restaurant, turn right onto 5^th Avenue.  Follow 5^th Avenue past the ball diamond to a stop sign.  Turn right onto W Hyden Road (100 S) and follow this road 1.5 miles past several houses, down a hill and across Rattlesnake Creek.  The gate into the hay field on your right, immediately west of Rattlesnake Creek is the entrance into the property and the log yard for Stand #1.  The gate is unlocked, but should be kept shut after viewing the timber in Stand #1.

Stand #2:   To view Stand #2, proceed west on W Hyden Road to the intersection of Hancock School Road (330 W). Turn right on Hancock School Road and go 1.1 miles to a gate that enters into an airplane runway strip.  Note: if you hit Patricksburg Road you have gone too far.  Open the gate and drive east following the runway until it ends.  At this point there is a farm lane on the right.  Take the lane & follow it south until you hit a grass field.  Stand #2 is straight south and to your left across the field.  The lane turns left and proceeds along the south side of the crop field.   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)

Note:  Bob Livingston, one of the owners, is offering a private tour of the marked timber if you set it up in advance.  He can be reached at his home: 812-829-2881 or on his cell: 812-327-7684.

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.  Both Stands are classified forest and are certified under FSC certificate SCS-FM/COC-000123N as “FSC 100%”.

TIMBER TALLY

* There is 1 White Oak, & 1 Walnut in Stand #1 and 6 White Oaks in Stand #2 all marked with a blue “V” that may contain veneer volume.

**  Misc. includes 3 Elm, 3 Blackgum, 1 Honeylocust, & 1 Coffee Tree in Stand #1; and 1 Scarlet oak & 1 Basswood in Stand #2.