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14 ACRE LAND AUCTION BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION 815 Realty Inc., will offer for sale, at Auction, the following 14 acres m/l, located in Frankfort, Indiana. The land is in Section 9, Township 21, Range 1W in Clinton County, and is bordered by State Road 28 and Prairie Avenue. The real estate is approximately 3.5 miles east of I-65. WATCH FOR JOHNNY’S SIGNS! |
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WEDNESDAY, NOVEMBER 14, 2007 3:00 PM (Sharp!) FRANKFORT, INDIANA OWNER: 815 REALTY INC. 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 Tuesday, November 13, 2007, at 12:00 Noon. First accepted Offer Buys. |
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REAL ESTATE: This 14 acres m/l, has direct access to State Highway 28 and local traffic off Prairie Avenue. The property is less than 1 mile from the local airport and less than 5 miles from north-south interstate I-65 which would allow for easy shipping of manufactured goods etc. The topography of the ground is level and all city utilities are available. This land can be utilized for industrial or commercial uses; the property is currently zoned commercial. There is documentation on file stating the property is EPA clean. PARCEL NUMBERS: 0160317870; 0160305530; 0160305533 LEGALS: PT W SE OFF PT E NE 9-21-1W 2.00 AC; PT W 1/2 SE 9-21-1W .53 AC; PT W SE 9-21-1W 11.50 AC REAL ESTATE TAXES: The real estate taxes are approximately $ 2,997.38 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 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: Holiday Inn Express, Frankfort, IN. PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD. |
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PHONE: 812-495-6119 or 1-877-696-5099 FAX: 812-696-5090 E-MAIL: johnnyswalls@joink.com AUCTIONEER: Col. Johnny Swalls CAI, AARE, GPPA, CAGA, CREA IN #AU01026257 |
jswalls.com |
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