REAL ESTATE:  The real estate consists of a one story, manufactured, ranch style home and detached two car plus garage.  The home includes a kitchen, living room, utility room, bathroom, three bedrooms, dishwasher, electric range, clothes washer, and dryer.  The home also includes electric baseboard heat and electric water heater.  The garage is on a concrete slab, with insulated walls, garage door opener, and a built-in sand blaster.

PERSONAL PROPERTY:  1975 BMW R90 Motorcycle; 1978 Ford F150 4x4, single cab with automatic transmission, sliding back glass and sunroof.

PARCEL NUMBERS FOR HOME:  77-02-34-222-058.000-005

REAL ESTATE TAXES:  The real estate taxes are approximately $282 per year.  Taxes will be prorated at closing.

LEGAL DESCRIPTION:  OAKLAWN LOT 132

TERMS OF REAL ESTATE:  The Successful Bidder will deposit $1,000 down on the day of sale (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.  The sale is subject to court approval, for the real estate.  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 $1,000 down day of sale and balance due in 30 days or upon delivery of marketable title and deed.  There is no Buyer’s Premium on the Personal Property.  SURVEY:  The Buyer will pay for any Survey, if one is needed with the seller choosing the surveyor.  POSSESSION:  At Closing on real estate and immediately on personal property.

FOR PRIVATE SHOWING CALL:  812-496-6119 or 812-696-5099. 

TERMS OF PERSONAL PROPERTY:  Cash preferred or approved check. 

SALE LOCATION:  613 North Oregon Street, Shelburn, Indiana.

EVERYTHING SOLD “AS IS, WHERE IS”.

ATTORNEY:  Christopher A. Ramsey

EXECUTOR:  Ronald R. Pearison, Jr.

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

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 

621 Real Estate Parcels Sold of the Last 628.  A Full Time Certified Auction Service!