SOLD!!! $23,320.00 THANK YOU!!! SOLD!!!
REAL ESTATE AUCTION
HOME WITH 1-CAR DETACHED GARAGE ON 4.25 ACRES
First Financial Bank as Successor Trustee of Troy Hollingsworth Irrevocable Trust will offer the following real estate for sale at 1198 E. Woolley Ave, Carlisle, Indiana, in Sullivan County. From the intersection of US 41 & Old US 41 (at Paxton); Travel SE on Old US 41; Turn Left onto E. Paxton Depot Street; Turn left onto S. County Road 100 E.; Turn right onto Woolley Ave.; Proceed to Property.
WATCH FOR JOHNNY’S SIGNS!!!
Wed. December 14, 2011 2:00 PM (SHARP!)
1198 E. Woolley Ave.
REAL ESTATE: This total electric 3 bedroom, 2 bath, vinyl sided manufactured home sits on 4.25 acres (a square city block). The home has electric forced air furnace, central air, electric water heater, vaulted ceilings, and one bath has a sit-down shower. The property includes a concrete block, 1-car detached garage, large wood horse barn and fenced-in pasture. There is underground electric with a 200 amp electric box, city water and septic.
PARCEL NUMBER: 77-10-26-223-001.000-009 LEGAL DESCRIPTION: NE COR SW NW QR 26-7-9 4.25AC
REAL ESTATE TAXES on the home are approximately $250.00 per year with homestead credit and mortgage exemption.
The taxes will be pro-rated at closing.
TERMS OF REAL ESTATE: The Successful Bidder will deposit 10% of the contract purchase price (except for exempt entities) at the auction in the form of cash, cashier’s check or approved personal check or company check with bank letter of guarantee (no bank drafts). The Buyer will sign a non-contingent real estate contract with the balance due in 30 days or thereafter within 5 days of presentation of insurable title. The Real Estate will be sold “AS-IS” with no warranty, expressed or implied, but will be free and clear of any liens or encumbrances. An ALTA 2006 Title Insurance Commitment in the amount of the contract price will be supplied to the Buyer by the Seller and Seller shall pay for title search, premium for owner’s policy and cost to correct any title defects. If obtaining a loan, the Buyer shall pay the mortgage policy and recording of necessary documents. The Auction will conclude when the Auctioneer determines that all buyers have made their best and final offers. Anyone desiring to bid must be approved prior to sale by Johnny Swalls. Any statements made by the Auctioneer day of sale or during the sale take precedence over any oral or written heretofore. Real Estate Sale is Subject to Court Approval.
BUYER’S PREMIUM: The Buyer will pay a 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price. The Buyer is only required to pay 10% down, of the contract price, day of sale.
SURVEY: The Buyer will pay for survey, if one is needed and shall not delay closing.
POSSESSION: Day of closing and not before.
MINERAL RIGHTS: All coal, fireclay, gas and underlying minerals owned by the Seller (if any) will be transferred to the Buyer. Seller will not warrant title to underlying minerals.
FOR PRIVATE SHOWING CALL: 812-495-6119 or 1-877-696-5099
Carol Myers, First Financial Bank, Successor Trustee
AGENCY: Johnny Swalls Auction, Inc. and its Representatives are Exclusive Agents of the Seller.
AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA IN#AU01026257, PB#20803178