REAL ESTATE: This aluminum sided 1 bedroom, 1 bath home with a 1-car

detached garage and carport  has a composition shingle roof, recent gas forced

air furnace and central air conditioning. The property has a large basement

(looks to be dry), underground electric, city water, city sewer & city gas. 

There is a front porch and awnings on the windows.

PARCEL #: 84-06-26-403-024.000-002                                                                 

LEGAL: TERRACEDALE ADD .000 110

REAL ESTATE TAXES: Approx. $358.32 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 8% 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.                                                  

Real Estate is subject to Court Approval.

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

PERSONAL PROPERTY

VEHICLE:  1992 Gold 4-door Lincoln Signature Series Town Car, 28,789 miles

w/Rear wheel drive, V-8 engine, Tilt, Cruise, AT, PS, PB, PL, PW, AC, Leather interior,

Aluminum wheels, 1 Owner.

APPLIANCES: Whirlpool refrigerator w/white texture front; Nice stainless steel,

GE, heavy duty, gas range.

FISHING: Brand new glass minnow trap; 8 hp Brand new Johnson outboard

motor on 2 wheel cart; Fishing tackle; 4 Wood lures; Tackle box; Misc. fishing items;

Rods & Reels; 2 Metal minnow buckets; Shakespeare rod.

LAWN EQUIPMENT: New gas operated 25cc weed eater; Craftsman 190cc, 700 series, trim mower;

Craftsman 12 in. electric weed eater; Electric edger; manual limb trimmer;

manual hedge trimmer; weed sickle; Yard rake.

FURNITURE: 5 Drawer chest of drawers; 3 Drawer dresser w/hanky drawers,

marble insert and no mirror;  Brown metal twin bed; 2 Cushion vinyl couch;

Old coffee table; Glass front, 2 shelf book case; Lamp table w/drawer; Deep red, Vinyl chair (matches the couch);  Walnut color lamp table; Sliding door record cabinet; Wood swivel rocker; Chrome leg kitchen table; Buffet.

ANTIQUES & COLLECTABLES: Clear glass eyewash; Taylor wall barometer, galvanized, battery driven; 

2 Oil squirt cans; End table; Lamp table; Norman Rockwell “Homecoming” print.

GLASSWARE & HOUSEHOLD: Metal Floor lamp; Glassware; Cups; Saucers;

Roaster w/lid; Creamer; Pressure cooker; Lemon juicer; Maid stainless steel pan w/lid;

Kitchen utensils; Flatware.

TOOLS: Small Schutter battery charger; Files; Screwdrivers; Pliers; 6 in. adj. wrench;

2 Ball peen hammers; Needle nose pliers; 3/8 in. Ratchet wrench; 3 Pairs of dykes;

2 Small tool boxes; Combination wrenches; Vise Grips; Box end wrenches;

Montgomery Ward 7 in. sander/polisher; Electric soldering gun; Electric saber saw;

7 1/4 in. Black & Decker circular saw; 3/8 in. Electric drill; Allen wrenches; 1/4 in. & 3/8 in. Sockets;

2 Carpenter Saws; Rivet gun; Alum. ladder; Snow shovel; Spade; Pro-lift floor jack;

Black Cat, small portable air compressor;  Potato fork, Hoe; Gas Jacobsen snow-burst Snow blower w/electric start.

MISCELLANEOUS: Electric hair trimmer; several old books; Matted picture (boat on water);

VCR; Old upright sweeper; Alum. Carex walker; Panasonic radio w/speakers; Humidifier;

Wire telephone stand; Folding table; Framed picture of Capitol Building;

17.5 hp Hoover upright sweeper; 2 old TV’s; Folding chairs; Kerosene lamp; First aid kit;

Box fan; Oil; Men's Elite FS bicycle; Saw horse; Galvanized bucket; Gas can.

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

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.

EVERYTHING SOLD “AS IS, WHERE IS”             

ATTORNEY FOR THE ESTATE: Sacopulos Law Firm                                                                      

EMAIL: auctions@jswalls.com                    www.jswalls.com

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