REAL ESTATE AND PERSONAL PROPERTY AUCTION

BUYER MAY PURCHASE PRIOR TO AUCTION

Paul and Margaret Dickerson will offer for sale the following real estate and personal property at 10480 East State Road 42, (Vigo County) Brazil, Indiana.  From the intersection of I-70/State Road 46 interchange travel north on State Road 46 to State Road 42 (Poplar St); turn East on State Road 42, go 3 miles past Hulman Regional Airport, the home is the 2nd home on the north past Tabertown Road.   WATCH FOR JOHNNY'S SIGNS!

Saturday, May 3, 2008

10:00 a.m.

Real Estate - 12:00 p.m.

Owners: Paul & Margaret Dickerson

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 Friday, May 2nd at 12:00 Noon.  First Accepted Offer Buys!

PARCEL NUMBER: 84-07-25-300-005.000-007

LEGAL DESCRIPTION: IN S SIDE SW SW 25-12-8 1.000 AC

REAL ESTATE TAXES:  The real estate taxes are approximately $ 681.08 per year 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 the Survey, if one is needed, and Survey will be completed after Closing.

MINERAL RIGHTS: Any minerals owned by the Seller will transfer to the Buyer.

POSSESSION:  Possession day of closing. 

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

FOR PRIVATE SHOWING CALL:  Sale Coordinator,  P.J. Bezy 812-696-5099

SALE LOCATION:  10480 E. State Road 42, Brazil, Indiana.

 PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD.   

PERSONAL PROPERTY

Antiques & Collectibles: Wood hall tree; Small safe; Rug beater; Modern pitcher & washbowl; West Germany clock; Ritz tin; Red, white & blue Seagram’s coolers; Electric neon sign; Ice tongs; 3-Cast iron skillets; Wood w/glass flag cases; Light beer neon sign; Black powder canon on wheels w/2” bore; White Cloverine salve tin; Cow bell; Coin parking meter; Singer treadle sewing machine; Wood ironing boards; Several 45 Records; 2 Mason 5 gallon jug pickle jars; Primitive 1 drawer table w/dovetail corners; 2 Mowing Scythes; Cast iron match holder; 2 Nickel plated cash registers; A & W metal rootbeer sign; Collectible Pop bottles; LP Records; Cast iron bean pot w/bail; Cigar boxes.

Furniture: Modern entertainment center w/glass doors; Lamp table w/beveled glass top; 2 pc. Sectional couch; 2 Overstuffed matching loveseats; Recliner; Recliner w/heat & vibrate; Butcher block, drop leaf cabinet w/door & drawer on rollers; Desk chair w/basket weave back; Wood stool; Liquor cabinet; 4-drawer Legal size filing cabinet.

Appliances: Small black microwave; Coffee maker; 3-2 Slice toasters.

Books: Popular Mechanics magazines; Do It Yourself books.

Tools: OVER 40 YEARS OF MACHINIST TOOLS FOR  DIFFERENT APPLICATIONS; Miner's pick; Brace & bits; Drafting tool set; Carpenter saws; Steel “C” clamps; Nuts; Bolts; Screws; Bottle jacks; 2-18” Pipe wrenches; Box end wrenches; Router table; Misc. Screw driver sets; Monkey wrenches; Magnetic bolt holders; Starrett micrometer; 2-New pencil torches; Brown & Sharpe 1-4” depth micrometer; Mitutoyo Digimatic, 6” inside-outside calipers; Vernier dial indicator; 2 sets-New Eklind small allen wrenches; NKS 4” micrometer w/standard rolling ruler; 5-6” Inside-outside micrometer; 12 pc. Hollow punch set; Digital 3 pc. Micrometer caliper set w/standards; 2-1” Dial indicators; Masonary drill bits; 2” Dial indicator; Indicator base holder; Small dial indicator; Craftsman inside-outside 6” dial Vernier caliper;  Unbrako metric hex keys; Craftsman stackable tool box; Block vise; 8” Pipe wrench’ 10” Pipe wrench; Engraving tool; Wood chisel; Steel metric bits; Taps; Reamers; New snap ring pliers; Air drill; Right angle air grinder; Tap wrenches; Propper diagnostic light; Rigid offset 14” pipe wrench; 101 pc. Set of 1/4, 3/8 & 1/2” Chrome wrenches; 3 Ton floor jack; Electric drill; 2 Scroll saws; 2 Ton floor jack; Craftsman 12V rechargeable drill; Craftsman 14.4V rechargeable drill; 18 gauge, 2 in 1 Brad nailer/stapler; 18V Rechargeable drill; Crowbars; Sprunger 6” planer on cabinet; NEW Craftsman 5 1/8” Joiner/planer; NEW 52 pc. Metic & SAE 3/8” & 1/2” drive socket set; Craftsman 1hp Belt sander; 13’ South Bend lathe; Flat steel files; Heavy duty steel chisels; Large Steel drill bits; Craftsman 16” direct drive scroll saw; Craftsman 10” band saw; Steel block planes; Grinders; Electric line reel; Pipe cutter; Tin snips; Wood clamps; Big monkey wrench; 2-18” Adjustable wrenches; Channel locks; Kerosene torch; Flare nut wrenches; Peep sight level; 2 Torque wrenches; 3/8” set of Tool holders; 1/2” Drill; 2 Bench Vises; Building machine vise; HVAC Imperial System Analyzer; 2 HVAC portable vacuum pumps; 1.5 ton Chain hoist; 2 Splitting mauls; 2 Pipe vises; 2 Grease guns; Small Craftsman tool box; Park metal stackable toolbox; 15” Adjustable wrench; 12” Adjustable wrench.

Lawn Equipment, Lawn Tools & Furniture: Metal wrought iron patio set; Wrought iron park bench; 4 x 4 patio swing frame; Thermos fold up travel grill on wheels; Post hole diggers; Axe; Limb saw; Limb trimmers; Rakes; 5 Prong pitch fork; Scoop shovel; Garden utensils; 3 Electric hedge trimmers; Hose; Rake; 6 Prong pitch fork; Potato fork; 6 Gas weed eaters; Compost bin.

Miscellaneous: Ping golf irons; Misc. golf clubs & bag; Megabyte Pro Select 56 degree club; Shot glasses; Wine openers; Lighted tree; Hanging pot & pan rack; Skillets; Kitchen utensils; Home Interior framed prints; Trinkets; 4 Steel "T" posts; V Holland small pressure washer on wheels; Step ladder; Gun lock; Elk call in the bag; Tripod; 3 Welding helmets; Diebold 28x43x23 safe; Stainless steel pans; Wading boots; Walking canes; Skillet w/lid; Cooking utensils; Adjustable roller stand; ACCU Smart Treadmill; New ceiling lamps; Weider exercise/weight machine; New cans of Tap Free; Casino 25 cent game machine; 5’ Aluminum ladder; Heavy duty stapler; 2 Bike Rack for reece hitch; Pair of pole climbers; 3 Boy’s bicycles; Girls bicycle; Professional handmade Wood Stove w/blower; Army helmet; Army gas mask/ammonia mask; 4-way Lug wrenches; Mechanic’s creeper; Metal shelving; 2 Wheel dolly; Gloves; Electric breakers; Steel corner clamps; 10 amp. Battery Charger; Cast iron water pumps; Mole traps; Live animal traps; Small portable Air compressor; 2 Shop Vacs; 2 spicket, Bud Light blue keg box; Buffalo 5hp upright air compressor; Plastic & metal gas cans; Kerosene heater; Extension cords; Drop cords; 8’ Aluminum step ladder; PVC fittings; Minnow bucket; Expandable rods w/open face reels; Popcorn machine; 100,000 BTU Kerosene blower; 220V, Barrel style welder w/leads; Baseballs; Several electric motors; Meter base; Lincoln 225 amp welder; Pair of sawhorses; Wood swing; Wood bench; 2 pair Jumper cables; 100 amp Breaker box; Tackle box; 6 foot Pine Fireplace Mantle; 2 NEW Turbine vents; Presto Pressure cooker; Pitching horse shoes; Several pair of scissors; Key machine & instructions for locksmithing.

PHONE: 812-495-6119; 812-696-5099

FAX:  812-696-5090  E-MAIL: auctions@jswalls.com

AUCTIONEER:  Col. Johnny Swalls

CAI, AARE, GPPA, CAGA, CREA  

IN  #AU01026257

www.jswalls.com