REAL ESTATE AUCTION
www.jswalls.com
THE BUYER MAY PURCHASE THIS REAL ESTATE PRIOR TO AUCTION.
John and Terri Davidson will offer for sale, at Auction, the following Real Estate located at
215 South Anderson Street, Sandborn, IN. WATCH FOR JOHNNY’S SIGNS!
TUESDAY JUNE 12, 2007
3:00 PM EST
2:00 PM CST (Sharp!)
SANDBORN, INDIANA
OWNER: John and Terri Davidson
NOTE: This property may be bought prior to auction by contacting Johnny Swalls with an offer and the Seller will act upon the offer. The deadline for making this offer is Monday, June 11th at 12:00 Noon. First Accepted Offer Buys!
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REAL ESTATE: This is a 3 bedroom, 1 bath Ranch frame home located on .56 of an acre. The home has aluminum siding, a 2 year old sculptured shingle roof, 3 block tall concrete foundation, forced air oil furnace, central air, electric water heater, Kenmore water softener and a covered front porch. There is a 2 car attached garage with a garage door opener and a large overhead door, concrete drive and sidewalks. The home has a large dining room with very nice carpeting, a nice kitchen with oak cabinets, electric range with hood, refrigerator and carpeted living room with built in coat closet. The bedrooms have lighted closets with built in shelving. The ceilings throughout the house are spackled and painted and the utility room has a Kenmore electric dryer. The bath has a tile floor and all window treatments are included.
PARCEL NUMBER: 014-002-0004-406-031, 014-002-0004-406-032
LEGAL: Sandborn Add Lot 1, Original Town of Sandborn Lot 2
REAL ESTATE TAXES: The real estate taxes are approximately $660.86 each installment for parcel 1 and $25.99 each installment for parcel 2 (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 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 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
Please call Johnny with your offer today!
