2 REAL ESTATE AUCTIONS
BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION
www.jswalls.com
Arthur McKinley will offer for sale, at Auction, the following Real Estate located at 610 North Court Street, Sullivan, Indiana and 20.28 Acres on County Road 50 North, Sullivan, Indiana. WATCH FOR JOHNNY’S SIGNS!
THURSDAY, APRIL 19, 2007
3:00 PM (Sharp!)
SULLIVAN, INDIANA
OWNER: Arthur McKinley
NOTE: This property may be bought 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, April 18, 2007, at 12:00 Noon.
First accepted Offer Buys.
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Please double click on the pictures to enlarge the view.
SALE I—RESIDENTIAL AND LOT
610 NORTH COURT: This is a 3 bedroom, 2 bath manufactured home with a 1 car plus attached garage located on .14 acre, m/l. The home has vinyl siding, composition shingle roof, gas forced air heat, central air, Culligan water conditioner, 200 ampere electrical service for the home and a separate 100 ampere electrical service for the garage and family room. The home has a kitchen, dining room, living room, family room, utility room, large pantry, three bedrooms and two baths. The master suite has a large walk-in closet and large bath with a built-in vanity, tub with mirror surrounds, his and her sinks and a separate room for the shower and toilet with ample cabinets for storage. The kitchen has a refrigerator, range, built-in dishwasher, ice maker, beautiful cabinets and an island with bar area. The dining room has a beautiful fireplace and accent lighting. The large family room has baseboard electric heat, ceiling fan and two beautiful full length windows on the north and south walls. The attached garage has one overhead door with .50 horsepower garage door opener. The garage has a concrete floor and OSB on the walls. This home has beautiful landscaping and is just waiting for new owners! Please call Johnny with your offer today!
PARCEL NUMBER: 770727333109001012 LEGAL: CON TER B PT LOT 4 and 5
REAL ESTATE TAXES: The real estate taxes are approximately $1,201 per year (with Homestead and Mortgage Exemptions) and will be pro-rated at closing.
SALE II—LAND WITH LAKE
20.28 ACRES: This is 20.28 acres located on County Road 50 North. From Section Street go east on Johnson Street. Johnson Street becomes Chaney Street then County Road 50 North. This property has a 3.50 acre lake and a portion of another lake. The road has already been cut in and partially rocked for your ingress/egress to your home site with no easement to haunt you!
PARCEL NUMBER: To be determined LEGAL: PT NE QTR Section 35, TWSP 8N, RG 9 W
REAL ESTATE TAXES: The real estate taxes are approximately $23 per acre 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 92 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 SALE ONE: The Survey for 610 North Court, if needed, will be paid for by the Buyer.
SURVEY SALE TWO: The property has already been surveyed and the Buyer will receive a copy.
MINERAL RIGHTS: Any underlying minerals, fire clay, coal, methane gas and timber, etc., owned by the Seller will be
transferred to the Buyer.
POSSESSION: Possession at closing.
AGENCY: Johnny Swalls Auction & Appraisal, Inc. and its Representatives are Exclusive Agents of the Seller.
BROKER PARTICIPATION: The Seller and Auctioneer wish to allow Realtors to participate in the auction. The Broker will receive 3% of the bid price for bringing the Buyer.
FOR PRIVATE SHOWING CALL: Johnny Swalls - 812-495-6119
SALE LOCATION: 610 North Court Street, Sullivan, Indiana.
AUCTIONEER’S PHONE: 812-495-6119, 812-696-5099
FAX: 812-696-5090 E-MAIL: johnnyswalls@joink.com
AUCTIONEER: Col. Johnny Swalls,
CAI, AARE, GPPA, CAGA, CREA
IN #AU01026257
543 Real Estate Parcels Sold of the Last 549. A Full Time Certified Auction Service!
