HARPENAU TIMBER SALE

SOLD

County:  Perry

State:   Indiana

Date:   Friday, October 24, 2014 @ 10:00 AM CDT (Perry Co. time).  Bid opening is at the Harpenau residence on the property.

Type of SaleSealed bids.  Twenty percent down at contract signing, balance due by September 1,2015 or before logging begins, whichever comes first.  Buyer will have 2 years to remove the timber

Owner:  Mrs. Evelyn Harpenau and Paul Harpenau

Location:  Location:  Approximately 5.7 miles southwest of St. Croix, IN or 15 miles northeast of Tell City in the NE¼ of Sec. 27, T4S, R2W in Oil Township.  From the intersection of I-64 and Hwy 37, go south on Hwy 37 for 5.5 miles to Tipsaw Drive, which is also called CR 503 on GPS.  This is at mile marker #17 and is the first road to the right after the entrance road to Tipsaw Lake.  Turn on Tipsaw Drive and proceed straight for 0.2 miles to the start of the Harpenau property.  The next house, second drive off of Hwy 37, is the Paul Harpenau residence.  The marked timber is to the south and west of this point.   See map on back.  Note:  There are 4-wheel trails through the field & woods, so the marked timber could be viewed if one wanted to use a 4-wheeler.

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 is 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      

SPECIES # OF TREES EST. VOLUME   DBH & # of 12ft logs for  
 18 White Oak “V” trees
Red Oak 26 9,378   28 2.5  
Black Oak 214 58,893   27 3  
White Oak * 119 39,590   28 2  
Walnut * 9 1,522   28 3.5  
Tuliptree 28 8,210   25 2  
Hard Maple 70 9,319   24 3  
Soft Maple 13 1,952   26 3.5  
Ash 49 5,284   30 1.5  
Cherry 6 769   24 4  
Scarlet Oak 8 2,631   25 3  
Hickory 114 23,868   26 3.5  
Beech 17 2,432   33 3.5  
Blackgum 9 1,197   25 2.5  
Sweetgum 1 153   27 2  
Sycamore 4 767   26 2.5  
Post Oak 4 434   27 2  
American Elm 3 204   25 3  
Subtotals 694 166,603   1 Walnut  
Culls 96 No Vol. Figured   19 3.5  
TOTALS 790 166,603        

* There are 18 White oak and 1 Walnut tree marked with a blue “V” that  may contain veneer volume.