real estate auction

www.jswalls.com

the buyer may purchase this property prior to auction

    Connie Ball will offer for sale, at Auction, the following real estate located at 5718 W CR 1350 S, Jasonville, Clay County, Indiana.        

From the flasher light on Highway 159 in Coalmont go East 7/10ths of a mile.  

Wednesday, July 18, 2007

3:00 PM (Sharp!)

JASONVILLE, INDIANA

               OWNER:  Connie Ball                                        

REAL ESTATE:  Tract 1: This is a 5 bedroom, 3.5 bath custom built BRICK ranch home with a composition shingle roof, full basement, covered rear patio, open front porch and 2 car built in (attached) garage with garage door opener, located on 9.90 acres. The home has 200 amp electrical, city water with septic and gas forced air furnace and a livable basement. The interior walls are dry wall in the living room, dining room and bedrooms.  The rooms have been stenciled in Japanese oil paint and the basement has a pool table that will stay with the home. The kitchen has appliances, plenty of oak cabinets and patio doors leading to the outside covered patio. There is a basketball goal on a concrete slab! The 60' x 40' pole barn has electrical service, concrete floor, hanging gas furnace and a 20' x 40' lean to. This is a private setting with mature trees and stocked pond. This home is just waiting for a new owner. Please call Johnny with your offer today!

Tract 2: This tract is 5.9 acres of woods to the west of the 9.90 acres.

PARCEL NUMBERS:  006-00745-00; 006-01974-01          LEGAL:  PT SE QTR, NW QTR, SECTION 29, TOWNSHIP 9, RANGE 7

REAL ESTATE TAXES:  The real estate taxes for both parcels together is approximately $1201. per year (with mortgage and homestead) and 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 45 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 92 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.  The Buyer will pay for the 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, day of sale.

POSSESSION:  Possession at closing. 

SURVEY:  The Survey Cost, if needed, will be paid for by the Buyer and shall be completed after closing.

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

FOR PRIVATE SHOWING CALL:   Johnny Swalls - 812-495-6119  

SALE LOCATION:  At the Property                                                                                                                                         

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

FAX:  812-696-5090  E-MAIL:  johnnyswalls@joink.com

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

IN#AU01026257