reissstephen

SOLD!!!! $58,300 THANK YOU!!!! SOLD!!!!

REAL ESTATE & PERSONAL PROPERTY AUCTION

HOME, W/DETACHED GARAGE & 2 BARNS

Sullivan, Indiana

Stephen W. Reiss, Trustee for the Estate Mary L. Reiss Trust, will offer for sale at auction the following real estate and

personal property located at 437 W Thompson Street, Sullivan, Indiana. From the intersection of US Hwy 41 and West

Washington Street, go east; turn right onto Wolfenberger; go left onto Thompson Street; proceed to property.

Watch for Johnny’s Signs!

BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION

Saturday, October 30, 2010

10:00 A.M. SHARP!

Real Estate:12:00 NOON

OWNER: Estate of Mary L. Reiss Trust

NOTE: This property may be purchased prior to auction by contacting Johnny Swalls with an offer and the Seller will act on the offer. The deadline for making this offer is Friday,

October 29th, 2010, at 12:00 Noon. First accepted offer buys!!!

This home has a 3 week old metal roof at the tune of $7,000.00!!!

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PLEASE CALL TO SEE IF THE PROPERTY HAS SOLD PRIOR TO AUCTION

REAL ESTATE: This is a 3-4 bedroom, 2 bath home with a large living room, den and separate dressing room. The kitchen has a trash compactor and electric range with oven above and below. There is a sunroom with 13 windows. Living room has fireplace and bay window. There is an antique double sink in the basement. Below the home is a 1-car garage. The home also has gas boiler, hot water heat and central air.

The extra tall south garage has 2 overhead door openers, electric wired, skylights around the top portion of the wall, service door, 2 windows, truss rafters, concrete floor, insulated overhead doors, and 100 amp service.

PARCEL #: 77-07-33-114-108.000-012 and 77-07-33-113-019.000-012 LEGAL: CROWDER & EATONS SURVEY LOTS 6,7, 8 & 9 and C & E Survey Lot 9

REAL ESTATE TAXES: Approx. $583.00 per year (with homestead and mortgage exemption) & 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 any Survey that might be required and shall not delay closing.

POSSESSION OF REAL ESTATE: Day of closing, & not before.

MINERAL RIGHTS: Any underlying minerals owned by the seller will be transferred to the buyer.

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

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PERSONAL PROPERTY

LAWN EQUIPMENT: Craftsman 7 hp chain drive riding lawn mower w/electric start; 1-cylinder reel type self-propelled mower; Broad Lawn 25” 5hp riding mower w/electric start; old trim mower; rotary push type plow; like new Husky 10 cu ft tilt lawn trailer; McCullough Super 10 gas chain saw; another gas chain saw (no name); lawn sweep on rollers w/no bag; 3.5hp 20” Pull-type trim mower; Husky 12 hp 40” cutting w/electric start riding mower; Murray Synchro-Balanced engine electric start 5 speed 11 hp w/bad deck; fertilizer push spreader; Atlas 5hp gas engine front tine tiller; extra wheelbarrow wheel & tire; old shovels; limb saw.

FURNITURE: 4-drawer primitive chest; 4 modern 5-shelf bookcases; office chair on rollers; 1-drawer maple night stand; full size brass bed; oak library table with 1 drawer; maple drop front secretary with 3 drawers and a covered wagon sculptured front; yoked mirror with tiger oak veneer finish; dresser; Richmond cedar chest with drawer; 3 cushion hide-a-bed couch; 4-shelf homemade bookcase; modern computer desk; corner 3-shelf knick knack shelving; walnut drop leaf dining room table; buffet with 2 drawers, 3 doors and canted corners; square dining room table with 8 legs and 6 rose back ladder-back chairs with cushion seats; Italian tea cart with inlaid surface on wheels, drop leaf round table; wood armed upholstered sitting chair; homemade credenza with peacock applied artistry; 2 white wicker rockers; rose back needlepoint seat ladder-back chair; round walnut dining room table with 5 legs and 6 walnut splat back chairs; maple framed mirror; white bookcase; green painted bookcase; director’s chairs w/o backs; ladder-back chair with twine macramé seat; small spindle ladder-back child’s rocker; bentwood back oak chair.

ANTIQUES & COLLECTABLES: 1928 Model Gulbransen Community upright player piano w/several rolls, walnut wood finish, has been electric converted; 2 pencil iron bed frames w/rails; primitive stripped down kitchen table; full size brass bed; antique 3.5’ long lobster trap; cherry colored old church pew; oak splash back serpentine front washstand; serpentine front sideboard mirrored w/kerosene holders, 3 drawers & 2 doors; 5-drawer, 1 door washstand combination dresser w/yoked mirrors w/o mirrors; hundreds of 33 1/3 LP albums; 2-door, 6 panel, 1-drawer pie safe; small cable top refrigerator; wood pulley; Formica-type top white and black drop leaf round table; antique ice box; 1943 wire screen playpen; brass handled wood ice box w/galvanized interior, door & lift top; 2 painted 4-drawer chest of drawers; antique round back splatback wood chairs; antique push plow w/broken arm; pitcher pump; lard press; old old chairs; 3-burner kerosene cook stove Made in USA; 2 Bullet advertising pencils; 4 ink pens; several folding knives; straight knife; 2 miniature arrowheads; 3 hand hewed wood frame mirrors with dowel pins; 2 matching 3-drawer chest of drawers; Carbide knife; Singer oil can with oil; beveled-edge plate glass mirrored front armoire; collection of matches from probably all over the world; 1940-1975 roll type calendar; aluminum mowing scythe; push type garden plows. Antique Toys: Metal Mickey Mouse wind-up car with 4 characters; toy combine; toy fire engine; toy construction, rock or dump; toy high lift loader; toy Oliver hay baler; Pez machine; toy Sickle bar mower; Oliver silage cutter; small Tootsie red metal car; metal rail road crossing sign; toy Oliver pull type combine with rubber tires; Santé́ Fe 553 Middle States oil tank railroad car.

GUNS: Golden Marlin 39A 22 long rifle lever action with a scope and sling; 22 L.R. only, Speedmaster Remington Model 231 semi-automatic rifle; Daisy pump BB gun; single shot 410 Stevens shotgun,3” chamber; Daisy rocket dart pistol.

APPLIANCES: GE side by side refrigerator with water and ice in the door with ice maker; Kenmore white electric dryer; Whirlpool chest type white freezer.

GLASSWARE & HOUSEHOLD: Italian glass bowl; camelback trunk; Singer sewing machine in cabinet; Purple Martin house; trinkets; heavy glass candy dish; flour sifter; stainless steel cooking vat; pots and pans; grater; blender; bath scales; boxes of misc. kitchen items; ceiling fan; water glasses; green glassware; custards; sherbets.

TOOLS: Wheelbarrow; Electronic electric skillet; axe; 6’ aluminum ladder; 14’ aluminum ladder; Sam the Gardner wheelbarrow and Seloid Sam; carpenter saws; brace & bit; meat saw; small pipe vise; small bench vise; clamp on; draw knife; tube cutter; antique galvanized small oil funnel; 4-way wrench.

MISCELLANEOUS: Kimball double keyboard, Swinger 1,000 electric organ with bench and instructions; nice costume jewelry; lots of ladies’ bracelets (metal and plastic); tie tacks; several collectible ladies’ hats; 4 hat boxes; 2 mink hats; 7 men's hat boxes; 2 miner buckets; set of scales; 7 kerosene lanterns; camel saddle on wood; exercise bike; 6 metal filing cabinets (2, 3 and 4 drawers); several types of cameras; 2 card tables; suitcases; globe; fireplace set; 20 lb. scale; 5-piece fireplace set; small Century Survivor safe; portable camping potty; red pair of car ramps; window fan; 12 life preservers; Spalding golf clubs; golf pull cart; green couch type metal glider; trailer hitch; aluminum lawn chair.

BIKES: Old 26” girl’s bike; Clipper Columbia built 26” boy’s bike; Schwinn 26” boy’s bike; 26” lady’s bike; 26” Hawthorne speed bike.

POSSESSION ON PERSONAL PROPERTY: Immediate possession on personal items day of auction.

ATTORNEY FOR THE ESTATE: Jeff Lewellyn

TERMS OF PERSONAL PROPERTY: Cash preferred or approved check & no Buyer’s Premium on the Personal Property.

For your convenience we have Electronic Clerking and Cashiering.

RESTROOM AND LUNCH AVAILABLE-Presbyterian Church will receive the money from the personal property auction; they are serving lunch.

EMAIL: auctions@jswalls.com

SALE LOCATION: 437 W Thompson St., Sullivan, Indiana

EVERYTHING SOLD “AS IS, WHERE IS”

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

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

AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA INAU01026257 PB20803178

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