PLEASE CALL TO SEE IF PROPERTY HAS SOLD PRIOR TO AUCTION

REAL ESTATE: This is a 3-bedroom home with 1 full bath. The home has carpeting in the living room

and bedrooms. The kitchen has vinyl flooring and electric range hookup. The home has a basement that

houses the one year old gas furnace and new 200 amp service. The home has an “L” shaped front porch;

the back yard is fenced and has a dusk to dawn light. There is a carport and off street parking.

Investment property (Much better than CD income).

HOME-PARCEL NUMBER: 84-06-10-454-028.000-002

LEGAL DESCRIPTION: W H SMITHS SUB (1446 BARBOUR AVE) 200215194 200215193 200215192 D

386/24 10-12-9 LOT 277

REAL ESTATE TAXES: The real estate taxes on the home are approximately $231.00 per year with

homestead credit and mortgage exemption. There are no taxes currently.   

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 an 8% 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 

 695 Real Estate Parcels Sold of the Last 705.  A Full Time Certified Auction Service!