PLEASE CALL TO MAKE SURE THE PROPERTY HAS NOT SOLD PRIOR TO AUCTION

REAL ESTATE:  The real estate is an aluminum sided, 2-story, 3 bedroom home with living quarters upstairs and downstairs with a vacant lot west of the home. An open front porch leads you into the home. The home has central air, gas water heater, gas furnace, gas water heater, and 200 amp. electric breaker box.  There is a separate entry way to the upstairs which includes 2 bedrooms, living room, eat-in kitchen, and a bath.  Downstairs is 1 bedroom,  living room, family room, and eat-in kitchen. The kitchen includes a stainless steel sink, butcher block counter top, stove and refrigerator. A washer & dryer are included in the laundry room. The home is carpeted except for the kitchens which have vinyl flooring. Outside is a wood deck with handicap accessible ramp and a 1-car carport.  This is a duplex or a large single family home. 

PARCEL NUMBER FOR HOME: 28-06-23-223-139.000-018     LEGAL DESCRIPTION: HUMP 2# PT LOT 21 (E. SIDE 96’ x 60’)          

PARCEL NUMBER FOR VACANT LOT:  28-06-23-223-138.000.018  LEGAL DESCRIPTION: HUMP 2”PT LT 21 (30x60’)

REAL ESTATE TAXES:  The real estate taxes are approximately $467 per year for the home, $43 per year for the vacant lot.

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.          

POSSESSION:  Possession at closing.

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: 190 SE 1st Street, Linton, IN

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

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

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

IN #AU01026257