SOLD!!!           $130,000.00          THANK YOU!!!          SOLD!!!

REAL ESTATE AUCTION

                LEWIS, INDIANA                

           CLAY COUNTY                 

BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION

O’Leta Franzen will offer for sale the following real estate located at 6285 W. County Road 1100 S., Lewis, Indiana, Lewis

Township, Clay County.

Thurs., October 6th, 2011

 @ 2:00 PM SHARP!

SALE LOCATION: 

6285 W. County Road 1100 S.,

Lewis, Indiana       

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

Wednesday, October 5th, 2011 @ 12:00 Noon

First Accepted Offer Buys!!!

Please call prior to auction to see if property has sold.

REAL ESTATE: The Real Estate includes a vinyl sided home with a 2-car detached garage that sits on  40 acres with approx.

 8 acres tillable and a lake. The home consists of 3 bedrooms and 1 bath. The property includes a washer, dryer, refrigerator,

range and built-in oven. There are 2 rooms, an oil tank, oil furnace & water pump in the basement. The home has septic, water

well, composition shingle roof & several new vinyl clad windows. This is a corner property with mature trees and asphalt roads

on 2 sides.

PARCEL NUMBER: 11-12-18-100-004.000-009 LEGAL DESCRIPTION: NW/4 NE/4 18-9-7 40A

REAL ESTATE TAXES: Approx. $518.48 per year (with homestead and mortgage exemption) & 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.

MINERAL RIGHTS:  All coal, fireclay, gas and underlying minerals owned by the Seller (if any) will be transferred to the Buyer. 

Seller will not warrant title to underlying minerals.

SURVEY INFORMATION:   The Buyer will pay for Survey, if one is needed and shall not delay closing.

POSSESSION: 30 days after closing.

FOR SHOWING, CALL: 812-495-6119 or 1-877-696-5099

EMAIL: auctions@jswalls.com

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

AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA,

IN AU01026257 PB20803178