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ESTATE REAL ESTATE AUCTION |
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THE BUYER MAY PURCHASE THE REAL ESTATE PRIOR TO AUCTION. |
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To settle the estate of Chleada Pearson, Mary Jo Melvin and Donna Pearson will offer for sale, at Auction, the following Real Estate located 15014 S. Main Street, Vermillion County, Blanford, Indiana. From the intersection of Indiana Highway 163 and Highway 63 North at Clinton, Indiana, turn West on Highway 163 and proceed West to the town of Blanford. WATCH FOR JOHNNY’S SIGNS! |
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July 12, 2007 3:00 PM (Sharp!) BLANFORD, INDIANA OWNER: Chleada Pearson NOTE: This property may be bought prior to auction by contacting Johnny Swalls with an offer and the Seller will act upon the offer. The deadline for making this offer is July 11, 2007, at 12:00 Noon. First Accepted Offer Buys! |
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REAL ESTATE: This is a 2 bedroom, 1 bath home on a concrete block foundation, with vinyl siding, full basement and central air situated on 3 lots. The home has a 2 year old electric water heater, 4 year old gas furnace, ceiling fans in all rooms, living room with large bay window and hardwood flooring, large dining room, new carpet in two of the bedrooms, large kitchen with new vinyl floor, white wooden cabinets and electric range, laundry room and tiled bathroom. There is an additional 26 x 136 foot lot across the alley with a concrete block garage. PARCEL NUMBER: 001-016-0215-00; 001-016-0214-00 LEGAL: BM ADDITION JACKSONVILLE LOT 79, 80 & 81; BM ADDITION JACKSONVILLE W HALF & 3 FT E HALF OF LOT 39 REAL ESTATE TAXES: The real estate taxes are approximately $ 241. 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. POSSESSION: Possession at closing. SURVEY: The Survey Cost, if needed, will be paid for by the Buyer. The Seller chooses the Surveyor and the survey shall be completed after closing. AGENCY: Johnny Swalls Auction & Appraisal, Inc. and its Representatives are Exclusive Agents of the Seller. FOR PRIVATE SHOWING CALL: Johnny Swalls 812-495-6119 SALE LOCATION: At the Property 
ATTORNEY: Jeff Lewellyn 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 |
