OWNER: JOHNNY SWALLS

1704 NORTH 3RD STREET

TERRE HAUTE, INDIANA

REAL ESTATE:  The real estate is a brick structure. The front of the building faces N. 3rd. Street (U.S. Highway 41). The outside of the building has city sidewalks and 6 rear parking spaces available. The building has all city utilities, new 200 amp. electric service, all new wiring inside, central air, and electric forced air and electric water heater.  There are 6 rooms plus a kitchenette and full bath, both of which are grouted tile.  The other rooms are carpeted.   The interior is painted drywall and the windows are vinyl clad.  There is a First Alert Professional Security System and the roof is new composite shingle.  This  brick building was formally used as an office.  The Zoning is C-6 and the lot size is 40’ x 154’.  This very nice building has been remodeled and includes a foyer on the front and back, and a new rear deck with steps.

PARCEL NUMBER: 84-06-16-256-026.000-002            LEGAL: WOODLAWN PLACE LOT 36 16-12-9 

REAL ESTATE TAXES:  The real estate taxes are approximately $1,833 per year and will be pro-rated at closing. 

TERMS OF REAL ESTATE:  The Successful Buyer will deposit 10% of the contract purchase price (except for exempt entities) 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.   

BUYER’S PREMIUM:  The Buyer will pay a 6% Buyer’s Premium which will be added to the price to arrive at the contract price.  The Buyer is only required to pay 10% down, of the contract price.

SURVEY:  The Buyer will pay for the Survey, if one is needed, and Survey will be completed after Closing.

POSSESSION:  Possession day of closing. 

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

FOR A PRIVATE SHOWING Call:  812-495-6119

AUCTIONEER/BROKER’S PHONE: 812-495-6119 or 812-696-5099

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

AUCTIONEER/BROKER:  Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA      IN# PB20803178  IN #AU01026257

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