ESTATE REAL ESTATE AUCTION      

jswalls.com

BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION

Mary Nelson, personal representative for Louise Claycomb Estate will offer the following real estate for sale at 824 W. Madison Street, Shelburn, Indiana, in Sullivan County.  Go west on Broadway off US 41 to Ohio Street; turn north to Madison; continue to 824 West Madison Street.

                                                                                                                                     WATCH FOR JOHNNY’S SIGNS!

WEDNESDAY, APRIL 14, 2010

2:00 P.M. (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, April 13, 2010, at 12:00 Noon. First accepted Offer Buys.

PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD PRIOR TO AUCTION

REAL ESTATE:  This 2-year old, 1-story, vinyl sided, double-wide manufactured home is on 2 lots. The home has 3 bedrooms, 2 walk-in closets, 2 full baths, nice kitchen, dishwasher, garbage disposal, electric range/oven, washer, dryer, 

central air, city water, city sewage, front & back decks, sliding glass doors leading to the back deck, electric forced air furnace (total electric) with underground cable and 18” foundation. There is also a 2-car metal 25’x 20’ Quonset-style

carport that can be moved.

PARCEL NUMBER: 77-02-34-222-045.000-005          LEGAL DESCRIPTION: Oaklawn Lot 104 & 105

REAL ESTATE TAXES are approximately $254 per year with homestead credit and mortgage exemption.  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. 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. 

SURVEY: The Buyer will pay for survey, if one is needed, and completed after closing.

POSSESSION: At closing, and not before.

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.

SALE LOCATION: 824 W. Madison Street, Shelburn, IN

AUCTIONEER’S PHONE: 812-495-6119 or 1-812-249-5090

E-MAIL: auctions@jswalls.com

AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA#AU01026257, PB#20803178 

664 Parcels SOLD of the Last 673 Listed. Full Time Certified Auction Service!