REAL ESTATE: This real estate is a 1.5 story Real Log Cabin Home with 3 bedrooms & 3 baths, stone fireplace, knotty pine walls & ceilings, master bedroom downstairs and 2 bedrooms upstairs, some with walk-in closets, a full bath on each floor. The full basement has a painted 20 ft. mural (covered bridge/waterfall) on the north concrete block wall. The kitchen has a breakfast island, black Whirlpool built-in glass top surface range with oven, black front Kitchen Aid dishwasher, & tile floor,  The living room, dining room & bedrooms have carpet. The home sits on 70 Acres-all woods but 10 tillable. The house has 200 amp electric service, 2 utility sinks, electric water heater, water filter system, GFA furnace plus electric baseboard heat, all wood front and side porch, & composition shingle roof.

COTTAGE: Concrete block foundation, lap siding, aluminum guttering, new aluminum front door, 1 bedroom, 1 bath, living room, partial basement, & fireplace. Electric baseboard heat in cottage.

50’ x 40’ METAL BUILDING USED AS A SHOP with concrete floor & Enclosed 24’ x 13’ addition. Shop has a wood furnace.

35’ x 41’ WOOD BARN w/concrete floor.

PARCEL NUMBERS:  671715400027000019 and 671715400028000019

REAL ESTATE TAXES:  The real estate taxes 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:  At 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.

PERSONAL PROPERTY

VEHICLES: 2004 Ford Expedition XLT, 79,000 miles, V8 automatic transmission w/overdrive, 4x4, keyless entry, 4-door, radial tires, cruise, air, electric locks & windows, metal flake paint-dark green in color; 1998 Cadillac El Dorado, 84,000 miles, Northstar engine, 2 door, front wheel drive, all power, dark gold in color; 1996 Ford F-150 XLT Pickup, V8, automatic transmission, club cab; 1997 Warrior Winnebago Motor Home, 6,589 actual miles, cassette, AM/FM, air, audio, box TV, double sink, bathroom. Motor Home has always been stored in the shed. Vehicles will sell at 11:30.

TRACTORS & EQUIPMENT: Ferguson TO-20, wide front end, 4 cyl. Gas, 3 pt. hitch; T310 Woods backhoe attachment with a 2’ bucket, 3 point hitch, 4 hydraulic joysticks; Massey Ferguson Model 202 industrial Tractor with 4-cylinder gas engine, wide front end, 3 pt. hitch, power steering, 5’ hydraulic front end loader bucket; 8’ x 5’ 2-Wheel trailer (titled); 4’ x 5.5’ 2-Wheel trailer.

FURNITURE:  4 Cushion couch; Cane seat heavy oak rocker; Drum top table w/drawer; Coffee table; Two 3–stack glass front oak barrister’s bookcases; 6 Spindle back chairs w/cloth seats; Knotty pine kitchen table; 4 Oak bar stools; Round wood white pine king size bed frame; 5-drawer chest; 2 end tables with 2 drawers each; Triple dresser with mirror; Small cedar chest; 3-Tier wall mounted glass front shelving unit; 2 Swivel cloth covered rockers; Wood frame full size bed w/headboard & kickboard; Brass looking headboard on a queen size bed; 2 End tables w/doors; Velveteen rocker/recliner; Rocker/recliner w/wood handholds; Small triple dresser w/plate glass beveled edge mirror; Stereo stand; 5 Drawer chest; 2 Three-shelf modern bookcases; 4 Drawer letter size file cabinet; 7 Drawer desk w/glass top; 2 Ladder back cane seat kitchen chairs; 2 Base cabinets.

ANTIQUES & COLLECTABLES: Wood spinning wheel; Painted crosscut saw; Figurines-Wrigley’s metal tail dragger airplane; Spirit of St. Louis airplane decanter; Several models of trinket model planes; Several steins; Wall Regulator Pendulum clock; Hand sewn king size quilt; 2 One gallon whiskey crocks; 6 Pack Coca Cola (8 oz. full bottles); Phillips 66 Airplane Pilot on Duty metal sign; Spalding Staff Consultant Larry Bird life size cardboard poster; 5 Large anvils; 8 Small & medium size anvils.

GLASSWARE & HOUSEHOLD: Christmas goblets, plates, juice glasses; Lots of pots & pans; Corning Ware.

APPLIANCES: Maytag Neptune washer & dryer; Whirlpool refrigerator; Westinghouse chest type white freezer; Small 3’ tall refrigerator; Sharp black microwave, Magnavox VHS VCR recorder; Electric keyboard w/auto-accompaniment; Sony AM/FM stereo CD player w/speakers; Sylvania DVD & VHS tape player; Slim Blue LXI Series large screen TV; Double keyboard Cotillion electric organ w/bench; Cassette deck & speakers; GE shelf model refrigerator; 2 Brass table lamps; Hoover Steam Vac wide path carpet cleaner.

LAWN & GARDEN: Husky Supreme 18.5 HP, 42” cut, electric start, riding lawn mower; 2 Gas trim mowers; Gas engine 2-wheel rotary mower; 109 Hydraulic drive Cub Cadet;  2 -Two wheel tilt trailers; Gas engine lawn vacuum; Wheel barrow; Grubbing rake.

TOOLS:   AC/DC Welding Machine DA 150C; AO Smith Weld & Charge; Posthole digger; Campbell single cylinder upright air compressor w/30 gal. tank; Carpenter’s saws & squares; Several sizes adj. wrenches; Wood clamps; Air chucks; Compass; Several sizes C-clamps; Several sizes pipe wrenches; Several sizes vise-grip type body clamps; Corner steel clamps; Wood bits; Bench grinder; 2 Drill vises; Portable halogen lamps; 2 lb. Hammer; Several steel HD drill bits; Steel files; Duracraft 16 speed 3/4" bench model drill press; Electric 1/2” impact; Bosch covey wheel; Bosch hand model metal cutter; Air hose; Heavy duty buffing wheel/grinder; Lots of heavy duty steel drill bits; Bosch heavy duty buffing wheel; Electric chain saw; Gas chain saws; Steel bar clamps; Pneumatic grease gun; Orbital sander; 1/4” & 1/2” Drills; Grease guns; Several circular saws; Bosch jigsaw; Portable belt sander; Hydraulic log splitter on wheels; Acetylene hoses, cutting tips, & gauges; Tin snips; Hatchets; Screwdrivers; Pliers; Hammers; 1.5 ton floor jack; Small acetylene torch set;  Metal cutting band saw; Bainbridge metal cutting band saw; Buffalo metal cutting band saw; Ramco band saw; Air Products AC/DC Welding machine DA150C; AO Smith Weld & Charge; Large Shop Vac;  Koehler 18 Magnum generator, gas engine, on 2-wheel trailer; Scaffolding; Blacksmith tools; Gas forge; Small rack and large rack of bar steel & small angle iron; Pexto metal shear; Metal roller; Metal Bender; Model 10 Homecraft saw; 1 Section scaffolding; Like new engine hoist on wheels.

MISCELLANEOUS:  EZ Go golf cart; Club Car golf cart (Both gas operated); Large 6’ Tall chain link fenced dog pen; 2.5’ Tall statue of German shepherd; Small iron pot belly stove; 2 Brass looking floor lamps; 2 Brass looking dresser lamps; Dirt Devil Swift Stick sweeper; Aluminum walker; Heavy duty tripod for video taping; Games; Big Pooh bear; Train set; Extension cord; New pair deadbolt locks; 4 TV trays; Oreck sweeper; Candle Nativity scene; Books; VHS tapes; Christmas tree in box; Several washcloths & towels; Small tin washboard; Ping pong fold-up table; Camper port-a-potty; Lifestyler ACT exerciser; Nordic-Track ski machine; Gazelle exerciser; Several candle molds; Several lanterns; Electric trolling motor.

TERMS OF PERSONAL PROPERTY:  Cash preferred or approved check & no Buyer’s Premium on the Personal Property. For your convenience we have Electronic Clerking and Cashiering. 

SALE LOCATION:  12951 SCR 550W, POLAND, IN.

EVERYTHING SOLD “AS IS, WHERE IS”                                                                      RESTROOM AND LUNCH AVAILABLE

ATTORNEY FOR THE TRUST: Robert D. McMahan

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

AUCTIONEER’S PHONE: 812-495-6119, 1-877-696-5099

FAX:  812-696-5090  E-MAIL:  auctions@jswalls.com

AUCTIONEER:  Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA   IN #AU01026257 

         646 Real Estate Parcels Sold of the Last 654.  A Full Time Certified Auction Service!