SOLD

County: Perry

State:   Indiana

Date:   Friday, September 11, 2015 at 10:00 AM CDT (Perry County time). Bid opening will be held at the south end of the property. See map for location.

Type of Sale: Sealed bid sale, with 8% down at contract signing. Buyer will be allowed pay for the specific stand as logging begins in that stand. This will avoid paying for all of the timber as a single payment as logging begins. Regardless, all timber must be paid for in full before Nov. 1^st, 2016. Buyer will have until Dec. 1, 2017 to remove the timber.

Owner: Menke Enterprises, Inc.

Location: Approximately 2.5 miles southeast of Bristow, Indiana or 9.5 miles southwest of St. Croix in the W½ and the NE¼ of Section 1, the NE¼, SE¼ of Section 2 and the NW¼, NW¼ of Section 12, T5S, R3W in Anderson Township. From the I–64/Hwy 37 interchange, go south on Hwy 37 8.2 miles to French Ridge Road. Go west on French Ridge Road 5.0 miles to Aztec Road. Go north on Aztec Road about .5 miles where there is an old, abandoned house on the left side of the road. This is on Menke property and the marked timber lies to the north of this point. The newly built road into the property accesses the marked timber and the hay field. If the gate at the top of the hill is closed, then close it behind you to avoid cattle getting out of the pasture. When logging begins, all cattle will be removed from the pasture. The property can also be accessed by going 3.5 miles south of Bristow (which is about 7 miles south of the I-64/Hwy 145 interchange) on Hwy 145 to French Ridge Road. Turn east on French Ridge Road and go 1.4 miles to Aztec Road.

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: 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. 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 and by each stand number is available upon request.

                                           TIMBER TALLY

* There are 12 White Oaks, (8 in Stand #1, 3 in Stand #2, 1 in Stand #3) with a blue “V” that may contain veneer volume.

** Misc. includes 10 Elm, 3 Shingle Oak, 3 Sassafras, 1 Persimmon, 1 Hackberry, and 1 Catalpa.