SOLD!!!          $35,510.00            THANK YOU!!!            SOLD!!!

 

REAL ESTATE AUCTION

Auto Service Center/Gas Station

Coal City, Indiana

BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION

Nancy Slough will offer the following real estate for sale at 4152 Main Street, Coal City, Indiana in Owen County. From the intersection of I-70 & State Road 59 travel south on 59; continue straight onto State Road 157; proceed to property. Property is located south across from the Coal City United Methodist Church.

 

Wednesday, August 17, 2011

2:00 PM (SHARP!)

 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 Tuesday,  

August 16, 2011, at 12:00 Noon. 

First accepted Offer Buys.

                    
                         

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

WATCH FOR JOHNNY’S SIGNS!!!

REAL ESTATE: This property consists of a Gas Station w/Auto Service Center. It also includes several lots, one of which is suitable for a mobile home, complete with electrical, water and septic hook-ups.  There are two regular gas pumps with a 10,000 gallon underground fiberglass storage tank. There are also two diesel pumps with a 3000 gallon and a 2000 gallon fuel tank with a concrete containment area. The property includes a Veeder-Root TLS300C fuel monitoring system, 220 volt single phase pizza oven, microwave, hot/fresh oven for pizza, beverage cooler, Rotary 2 post car/truck lift, All Tire tire changer, tire rack and Sanborn 80 gallon 8 hp upright air compressor.  The building has a restroom, water well, septic tank, forced air oil furnace and central air.

 

PARCEL NUMBERS: 60-14-11-400-230.230-020 & 60-14-11-400-230.220-020

LEGAL DESCRIPTIONS: HOCHSLETTLERS ADD BLK 11 LOTS 5,6,7,8, 10 &11 & HOCHSLETTLERS LOT 9 BLK 11

REAL ESTATE TAXES  on the property are approximately $1,668.92 per year. 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.

SALE LOCATION: 4152 Main Street, Coal City, Indiana

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 

726 REAL ESTATE PARCELS SOLD OF THE LAST 737 LISTED.  A FULL TIME CERTIFIED AUCTION SERVICE!

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