SOLD!!! THANK YOU!!! $39,750.00 THANK YOU!!! SOLD!!!
REAL ESTATE AUCTION
6 Acres m/l with 2 Homes & Outbuildings
BUYER MAY PURCHASE PRIOR TO AUCTION
Roy Hicks, POA for Lois I Ridge and Louise M Ridge, will offer the
following Real Estate for sale at Auction located at
1225 E. Smith St. and 1237 E. Smith St., Carlisle (Paxton), IN, Sullivan County.
DIRECTIONS: From US HWY 41 S. turn East onto Old US HWY 41 at Paxton;
Turn onto E. Depot St.; Turn North onto Pine St.;
Turn East onto Smith St.; Proceed to Property.
WATCH FOR JOHNNY’S SIGNS!
Wed., April 9, 2014,
@ 2:00PM Sharp!
NOTE: This property may be purchased prior to auction by contacting the
Auctioneer with an offer and the Sellers will act on the offer.
The deadline for making this offer is:
Tues., April 8, 2014, at 12:00 Noon.
FIRST ACCEPTED OFFER BUYS!
Please call prior to auction to see if property has sold.
REAL ESTATE: This property has two homes and outbuildings situated on 6 acres m/l. There are 5.14 tillable acres.
The stick built home located at 1225 E. Smith St. has 2-3 Bedrooms, 1 Bath and a 7 year old sculpted gray shingle roof.
There is a range, refrigerator, washer, dryer, gas forced air furnace, central air, 100 Ampere electric service
and a 1 car built-in garage with a garage door opener.
The 1969 manufactured home located at 1237 E. Smith St. has 2 bedrooms, 1 Bath and 7 year old metal gable roof.
There is a range, refrigerator, gas forced air furnace and central air. There are 2 pole barns with insulated walls,
vapor barrier, electricity, concrete floors and overhead door openers.
The first barn has a 200 Ampere electric service, well water and water pump. There are two
propane tanks and two driveways.
PARCEL NUMBERS: 77-10-26-222-005.000-009; 77-10-26-222-004.000-009
LEGAL DESCRIPTION: LOT NO. 1 IN WOOLLEY’S FIRST ADDITION IN BLOCK 12;
PAXTON WOOLLEY’S FIRST ADDITION LOTS 2 TO 16 INCLUSIVE IN BLOCK 12 & 1 TO 8 INCLUSIVE IN BLOCK 12.
REAL ESTATE TAXES: The Real Estate taxes for the Homes and Outbuildings on .86 acres are $327.36 per year with homestead credit
and will be pro-rated at closing. The Real Estate Taxes for the 5.14 tillable acres are $19.42 per acre per year and will be pro-rated at closing.
TERMS OF REAL ESTATE: The Successful Bidder will deposit 10% of the contract purchase
price (minimum $1,000, 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 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 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 the day of sale.
SURVEY: The Buyer will pay for survey, if one is needed and shall be completed after closing.
POSSESSION: At closing and not before.
POSSESSION OF TILLABLE: After 2014 crops are harvested.
MINERAL RIGHTS: All coal, fireclay, gas and underlying minerals owned by the Seller (if any) will be transferred to the Buyer.
Seller will not warrant title to underlying minerals.
FOR SHOWING CALL: 812-495-6119 or 1-877-696-5099
AGENCY: Johnny Swalls Auction, Inc. and it’s Representatives are Exclusive Agents of the Seller.
AUCTIONEERS/BROKERS: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA
INAU01026257, PB20803178; Col. Mike Ravellette, AU11300042, AB21301853
830 SOLD OUT OF 845 LISTED