BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION

Carl & Dorothy Emrick will sell the Real Estate in West Terre Haute, Indiana, located east of Darwin Road, Sugar Creek Township, next to I-70 and on the North side. From Intersection of I-70 and Hwy 41 travel west on I-70 to Darwin Rd.(Exit 3); go north to S. Lake Dr.; turn right; go east; turn right; property is on the left in beans.

PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD PRIOR TO AUCTION

REAL ESTATE: 62.74 Acres, with 45 tillable m/l.  The non-tillable ground has good hunting.

Good Ingress-Egress from S. Lake Dr.

CROP: Buyer will receive Seller’s one third of 2009 crop.                  POSSESSION:  After 2009 crops are removed.

PARCEL NUMBERS: 84-06-30-300-004.000-021 & 84-06-30-400-003-000-021

LEGAL DESCRIPTIONS: S-1/2 SW EX SW COR SUBJ 10.25A HY70 R/W 54.530 AC 30-12-9; OFF S END SE 8.210 AC 30-12-9                           

REAL ESTATE TAXES: The taxes are $13.26 per acre per year, and will be prorated 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. The Buyer will pay for the recording of his/her 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. 

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. 

FOR PRIVATE SHOWING CALL:  812-495-6119 or 1-877-696-5099

AGENCY: Johnny Swalls Auction, Inc. and its Representatives are Exclusive Agents of the Seller.

SALE LOCATION: Holiday Inn, 3300 US Hwy 41 S.,  Terre Haute, IN

AUCTIONEER’S PHONE: 812-495-6119 or 1-877-696-5099

FAX:  812-696-5090  E-MAIL:  auctions@jswalls.com

AUCTIONEER:  Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA   IN #AU01026257                                     

651 Real Estate Parcels SOLD of the Last 659

A Full Time Certified Auction Service!