REAL ESTATE AUCTION    

BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION

 

PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD  PRIOR TO AUCTION 

 

THE FOLLOWING HOMES WILL BE OFFERED FOR SALE IN THE ORDER LISTED BELOW. THE AUCTIONEER WILL

 MOVE FROM HOUSE TO HOUSE DURING THE DAY.  WATCH FOR JOHNNY’S SIGNS!

 

 

Wednesday, October 8, 2008

Owner: First Financial Bank, NA.

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 Tuesday, October 7, 2008, at 12:00 noon. First Accepted Offer Buys!

 


1:00 PM Sharp!

8618 4th & Cain St.

Merom, Indiana

 

This real estate is a 1-story, 2 bedroom,1 bath, vinyl home on a corner lot.  It has a living room, kitchen, electric range, utility room with washer/dryer hookup, gas heat, and a shed out back.

 

 

 

3:00 PM

602 N. State St.

Sullivan, Indiana

 

This real estate  is a 1-story, 3-bedroom, 1-bath, vinyl sided home with a living room, kitchen, a gas range, refrigerator, ceiling fans, forced air gas furnace, open front porch, and detached

garage on a corner lot.

 

   

 

 




2:00 PM

502 N. Section St.

Sullivan, Indiana

 

This real estate is a 1.5 story, 3-bedroom, 2 1/2 bath, aluminum sided home with living room, office/den, kitchen, partial basement, gas heat, gas water heater, fireplace, utility room with washer/dryer hookup, and a shed in the back on a corner lot.

 

 

 

4:30 PM

14851 S. State Rd. 159

Lewis, Indiana

 

This real estate is a 1.5 story, 2 bath, 2 bedroom home,

 garage, with central air, LP gas forced air furnace and a large old-fashioned barn, on 2.8 acres.

 
   
Home Auction Schedule

 

                                   Note: Please don’t be late as it will only take a few minutes on each home.                                                                                                                                   

PARCEL NUMBER, LEGAL DESCRIPTION, AND REAL ESTATE TAXES:  Available upon request or check our website at jswalls.com.

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 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.

AUCTIONEER’S 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