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REAL ESTATE AUCTION BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION Gene Medley will offer for sale, at Auction, the following real estate located at 225 S. Lessie Street in Worthington, Indiana. The home is in the southwest section of Worthington, 2.5 blocks south of the school and 4 blocks NW of the intersections of Highways 157 and 231. WATCH FOR JOHNNY’S SIGNS! |
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FRIDAY, OCTOBER 26, 2007 2:00 PM (Sharp!) WORTHINGTON, INDIANA OWNER: GENE MEDLEY 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 Thursday, October 25, 2007, at 12:00 Noon. First accepted Offer Buys! |
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REAL ESTATE: This tri-level home on 2 lots offers 5 bedrooms, 1.5 baths, 2 car built-in garage, central air and central warm air heat. The home has covered-open front and rear porches, vinyl siding, seamless guttering with gutter guard screens, city water and city sewer. The home features a living room, dining room, kitchen, office and full basement. There is also a bath in the basement with all the fixtures present, but not installed. Located on the south side of the home is a 2 room, concrete block, outbuilding that can be used as a workshop or even a small business. PARCEL NUMBER: 28-03-20-441-050.000-012 LEGAL: DYER & EAST ADD LT 10 & DYER & EAST ADD LT 9 REAL ESTATE TAXES: The real estate taxes are approximately $213.88 per year (with homestead and disability exemptions) 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: At the Property at 2 p.m. PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD. |
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PHONE: 812-495-6119 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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