Please call prior to auction to see if property has sold.

REAL ESTATE: This home consists of 2 bedrooms, 1 bath, 200 ampere breaker electric, gas forced

air furnace, central air, electric water heater, city water, sewer and gas. The kitchen includes a refrigerator,

range, microwave, washer and dryer. There is a 1-car detached garage.

PARCEL NUMBER: 77-07-34-223-075.000-012                    LEGAL DESCRIPTION: O T PT OUT LOT 20

REAL ESTATE TAXES  on the home are approximately $222.12 per year with homestead credit, homestead

 supplement credit.  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. 

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: At closing and not before.

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.

E-MAIL: auctions@jswalls.com

AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, AARE, GPPA,

CAGA, CREA   IN#AU01026257, PB#20803178