REAL ESTATE: The real estate consists of a 1 bedroom, 1 bath home on a chain link fenced corner lot.  The home has aluminum siding, a Loc-tite shingle roof, an open front covered front porch, gas furnace and central air.  There is a kitchen, living room, utility room, small basement and an upstairs that can be finished. The utility room could also be used as a second bedroom.  The home is carpeted throughout.  Included with the home is a gas range, microwave and an automatic washer and dryer.

PARCEL NUMBER: 84-06-15-376-031.000-002

LEGAL: MCGAUGHEY & ROACHS SUB 34.38' OF E END S-1/2 15-12-9 .000 10-

REAL ESTATE TAXES: The real estate taxes are approximately $236.47  per year (with homestead exemption) 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 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 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 survey cost, if needed, will be paid by the Buyer and completed after closing.

POSSESSION:  Possession at closing. 

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

FOR PRIVATE SHOWING CALL:  Sale Coordinator,  P.J. Bezy 812-495-6119

SALE LOCATION:  At the Property at 4 p.m.  PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD.