REAL ESTATE & PERSONAL PROPERTY AUCTION

THE BUYER MAY PURCHASE THE REAL ESTATE PRIOR TO AUCTION

Robert and Marilyn Everett will offer for sale the following real estate and personal property located at 14332 Klass Road, Coal City, Indiana.  From Coal City travel southeast on SR 157 approximately 2.5 miles to Bathsedia Road, turn south (right) and go approximately 1.5 miles, turn west on Klass Road. The property is the first property on the right.  From the south, traveling on Highway 48 to State Road 157, turn north on SR 157 to Defore Road, turn left, (Defore Road becomes Bathsedia Road), go to Klass Road, turn left.

                                                                                    WATCH FOR JOHNNY'S SIGNS!!

 

SATURDAY JUNE 14, 2008

10:00 AM (SHARP!)

12:00 Noon for Real Estate

LOCATION: 14332 KLASS ROAD

COAL CITY, INDIANA

OWNERS: ROBERT & MARILYN EVERETT

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 Friday, June  13, 2008 at 12:00 Noon.  First accepted Offer Buys.

Home Auction Schedule
REAL ESTATE: The real estate consists of a 1987 stick built home with 2 bedrooms, 1.5 baths and detached 2.5 car garage on 10.5 acres. The home has cedar siding, shutters, concrete block foundation with crawlspace, drilled well and septic. There is a living room with a gas fireplace, dining room with cathedral ceiling, separate utility room and a back enclosed patio room. The home has 8" walls, insulated floors including the patio room which also has insulated windows. There is an Amish built barn with running water and a concrete floor. There is also a small cabin (summer kitchen) with a cook stove, fireplace and loft. There are 2 small ponds on the property.

PARCEL NUMBER: 60-14-25-200-090.000-020

LEGAL DESCRIPTION: IN E 1/2 NW NW S25 T9 R6 5A IN E 1/2 NW NW S25 T9 R6 5.44A

REAL ESTATE TAXES:  The real estate taxes are approximately $582.44 per year 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 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 that might be required.  POSSESSION:  14 days after Closing.

MINERAL RIGHTS: All Underlying Minerals, Coal, Fire Clay, Methane Gas etc., owned by the Seller will be transferred to the Buyer. 

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

PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD. 

CONTINUE TO CHECK FOR UPDATES-STILL IN PROGRESS OF LISTING ITEMS