SOLD

County: Pike

State:   Indiana

Date:   Friday, September 19, 2014 @ 10:00 AM EDT (Pike Co. time).  Bid opening is at the property.

Type of Sale:  Sealed bids.  Twenty percent down at contract signing, balance due by August 1,2015 or before logging begins, whichever comes first.  Buyer will have until December 1, 2015 to remove the timber. 

Owner:  Larry J Backer & Mary Ellen Backer, LLC

Location:  Located 2 miles northwest of Velpen and 5.25 miles east of Winslow, IN, in the N ½ of the SE ¼ of Sec. 31, T1S, R6W in Marion Township.  From the intersection of Hwy 56 and Hwy 257 (known as Otwell Jct.), go south on Hwy 257 for 3.0 miles to CR 200 S.  Turn right (west) on CR 200 S. and go 1.0 miles to the “T”.  Turn left (south) on CR 900 E and go 0.5 miles to CR 250 S.  Turn right (west) on CR 250 S.  The Backer property begins about 0.15 miles on the left.  The first lane and possible log yard is 0.25 miles from CR 900 E and the second lane, possible log yard and bid opening site is 0.4 miles from 900 E.   If coming from the south, turn left (west) on CR 900 E in Velpen, from Hwy 257.  This is the road immediately south of the railroad tracks.  Follow 900 E for 2.2 miles to CR 250 S and turn left (west) to the property.   See map on back.

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

Email:  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 general liability insurance & workers’ compensation.  This is a classified forest and certified under FSC certificate SCS-FM/COC-000123N as “FSC 100%”.  A summary of diameter and volume distributions by species is available upon request.

TIMBER TALLY