Wednesday, June 29th, 2011

 Personal Property: 3:00 P.M. SHARP!

Real Estate: 3:30 P.M.

SALE LOCATION: 

8046 E. Milner Ave.

Terre Haute, IN 47803

REAL ESTATE: This is a 3 bedroom, 2 bath manufactured home on 3.59 acres. The home has a fireplace, gas forced air furnace,

central air, electric range and refrigerator. There is a 2 car detached garage with a well located inside. The garage and home have a

200 ampere breaker box. The property has city water, sewer and gas. The property has nice mature trees and a pretty country setting.

PARCEL NUMBERS: 84-07-15-356-031.000-008, 84-07-15-356-030.000-008; 84-07-15-356-023.000-008                           

LEGAL DESCRIPTIONS: GRIZZLY CREEK SUB; GRIZZLY CREEK SUB; MID PRT S SIDE SW SW CONTRACT MISC

211/3219 8-31-2000 D-368/906-2 & D-445/5395 15-12-8  .890 AC

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 (minimum of $800) 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. Real Estate Sale subject to Court Approval.

SURVEY INFORMATION:  The Buyer will pay for Survey, if one is needed and shall not delay closing.

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.

POSSESSION: At closing and not before.

REAL ESTATE TAXES are approximately $707.00 per year with homestead credit and mortgage exemption.  The taxes will be

pro-rated at closing.     

                                                                                                  Personal Property

LAWN EQUIPMENT: Troy Built Quantum 6 h.p. push mower; pull behind Kohler Pro 15 h.p. mower with 3 wheels; 2 weed eaters.

TOOLS: Lincoln buzz box welder; 5 speed mini drill press; small bench vise; saw horses; 110 volt parts cleaner; bench grinder; Kennedy toolbox

(on rollers); engine stand (on rollers); 6 foot aluminum step ladder; Campbell Hausfield portable air compressor; homemade air compressor;

paint sprayer; Acetylene gauges and hoses; ball joint tool; post hole digger; Crow bar; battery charger; small air impacts; a lot of miscellaneous tools.

FURNITURE: Baby bed.

MISCELLANEOUS: Electric grill; Igloo cooler; lots of miscellaneous items.

TERMS OF PERSONAL PROPERTY: Cash preferred or approved check & no Buyer’s

Premium on the Personal Property.

EVERYTHING SOLD “AS IS, WHERE IS”.

ATTORNEY FOR THE ESTATE: Tricia Tanoos

FOR SHOWING, CALL: 812-495-6119, 1-877-696-5099 or 812-249-5090

EMAIL: auctions@jswalls.com

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

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

 IN AU01026257 PB20803178