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REAL ESTATE:
The
real estate is offered with the home and 4 lots as one tract and a
separate vacant lot as a second tract, or the Buyer can buy both tracts
as a whole.
Tract One:
Consists of 4 lots, a 1 story, aluminum sided home w/ dining rm.,
kitchen, living rm., 2 bedrooms, enclosed porch & 1.5 baths. The
home has a basement, 100 amp electric breaker, a recent roof, city water
& city sewer, gas boiler hot water heat, 1 new window air unit and 1
two-year old window unit.
There is a 2-door detached garage with garage door opener and a
lean-too.
Tract Two:
Consists of a vacant lot adjacent to Tract One.
PARCEL NUMBER for HOME AND 4 LOTS:
Tract One:
77-09-02-442-043.000-002.
PARCEL NUMBER for VACANT LOT :
Tract Two:
77-09-02-442-042.000-002.
LEGAL DESCRIPTION:
Tract One:
CEN COAL CO’S LOT 117, 118, 119, & 120.
Tract Two:
CEN COAL CO’S LOT 116 37’ X 129’.
REAL ESTATE TAXES:
The real estate taxes are approximately $122.22 per year for
Tract One
and approximately $42.46 for
Tract Two.
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 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 or Buyers will pay for survey, if one is needed.
POSSESSION:
Possession at closing.
ATTORNEY FOR THE ESTATE:
Douglas S. Followell
POA: Martha Limata
FOR PRIVATE SHOWING CALL:
812-495-6119 or 812-696-5099
AGENCY:
Johnny Swalls Auction, Inc. and its Representatives are Exclusive Agents
of the Seller.
SALE LOCATION:
7528 E Terhune Street, Dugger, Indiana
AUCTIONEER’S PHONE:
812-495-6119 or 812-696-5099
FAX:
812-696-5090
E-MAIL:
auctions@jswalls.com
AUCTIONEER:
Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA
IN
#AU01026257
635
Real Estate Parcels SOLD of the Last 642
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