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BUYER MAY PURCHASE PRIOR TO AUCTION!

James W. Meng Jr. and Bette J. Meng will offer for sale, at auction:

COMMERCIAL REAL ESTATE

Auction Date: Wednesday, September 26, 2018 @ 2 P.M

This property may be purchased prior to Auction by contacting the Auctioneer with an offer and the Seller will act on the offer. The deadline for making this offer is: September 25, 2018 by 12 NOON

DIRECTIONS: From US-150E/US-41S turn left onto IN-54E, at the stop sign turn left continuing onto IN-54E, turn right onto IN-54E. The property will be on the left. Watch for Johnnys signs!!

This Commercial Real Estate is a corner property located in Dugger, Indiana. This building has a beautiful interior with 2 huge rooms, a large kitchen, 2 bathrooms, fireplace, carpet/tile floors and about 3,760 square feet m/l (according to County Records). The Real Estate has 2 gas furnaces, central air, all city utilities, a shingle roof and a 200-ampere breaker box. This building has quality construction with 2 entrances and ample amount of asphalt parking. This could be a Commercial Business for the highest and best use or could be a lavish Estate to live in. The property has unbelievable amenities and is very well-kept and clean. This Commercial Property won’t last long so talk to Johnny today! 

Parcel Numbers: 77-09-02-443-019.000-002 ; 77-09-02-443-018.001-002 ; 77-09-02-443-018.002-002
Legal Description: DEPUTYS 2ND ADDN LOTS 49 & 50 ; DEPUTYS 2ND 14' OFF S SIDE LOT 48 ; DEPUTYS 2ND ADDN 30'X174' PT LOT 48
Real Estate Taxes: $2,216.22 m/l per year

Terms: The Successful Bidder will deposit 10% of the contract purchase price (minimum $1,000, except for exempt entities) at the Auction in the form of cash, cashier’s check, approved personal check or company check with bank letter of guarantee (no bank drafts). The Buyers 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 Buyers 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 Buyers shall pay the mortgage policy and recording of 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 on day of sale or during the sale take precedence over any oral or written heretofore.

Buyers Premium: The Buyer's will pay 6% Buyer’s Premium which will be added to the bid price to arrive at the contract price.

Possession: At closing and not before.

Survey: Buyer will pay for survey, if one is needed.

Email: auctions@jswalls.com
FOR PRIVATE SHOWING CALL: 812-249-5090 or 1-877-696-5099

AGENCY: Johnny Swalls Auction, Inc. and it's Representatives are Excluve Agents of the Seller.

AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, GPPA, CAGA, CREA, AU1026257, RB14033902, AC30700074.

965 Real Estate Parcels Sold of the last 982 Listed!!

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