TRACT 1 is a Home located at 14940 S. ST RD 59 in Jasonville, Indiana, Clay County, Lewis Township on .50 acres m/l with 2 bedrooms, 2 baths, living room, eat-in kitchen, refrigerator, range, basement, 2 window air conditioners, baseboard electric heat, carpeting in all rooms but the utility room, washer/ dryer hook-ups in utility room, water heater and softener in the basement, new roof and siding in 2006. Outside is a covered front porch, 1 car detached garage, carport, city water, septic, shed and aluminum guttering. This home has a beautiful country setting and can be purchased with or without acreage.

PARCEL# To be determined.

LEGAL: To be determined after survey but in SE33 T9 R7 1A

TRACT 2 is 29 Acres 28 tillable in Jasonville, Indiana, Clay County, Lewis Township on CR 1450 S and ST RD 59.

PARCEL #: 11-12-33-400-008.000-009, 11-12-33-400-009.000-009, 11-12-33-400-012.000-009

LEGAL: PT E1/2 NW/4 SE/4 33-9-7, CEN PT NE/4 SE/4 33-9-7, PT S PT S1/2 NE/4 SE/4 33-9-7

TRACT 3 is 95.3 Acres 91.33 tillable-Jasonville, Indiana, Clay County, Lewis Township from CR 1200 S to CR 1150 S.

PARCEL #: 11-12-16-300-003.000-009 and 5 others

LEGAL: Sec 16, TWSP. 9N, RG 7W

TRACT 4 is 40 Acres 37.03 tillable in Greene County, Smith Township. This property has ingress/egress from County Road 900 W on the west and ingress/egress from the east from a purchased easement going north from State Road 48.

PARCEL #:  28-04-05-000-008.000-015   

LEGAL: S1/2 SW SW 5 8N 6W 20A N1/2 SW SW 5 8N 6W 20A

REAL ESTATE TAXES: Tract 1 Approx. $320.94 per year (with homestead and mortgage exemption)

Tract 2: Approx $283.06

Tract 3: Approx $1,693.52

Tract 4: Approx $928.32                                    

All 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 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 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 any Survey if one is needed and shall not delay closing. 

POSSESSION OF REAL ESTATE: On the home at closing; all other including tillable will be after 2011 crops are removed.

MINERAL RIGHTS: Tract 2: Has no coal or mineral rights. Tract 3 & 4 Shows no exceptions to the underlying mineral rights.

EMAIL: auctions@jswalls.com

SALE LOCATION: Jasonville Firehouse, 235 Cook Street, Jasonville, Indiana                                     

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