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SOLD PRIOR TO AUCTION! TRACT 1: $95,400 | TRACT 2: $13,000 | TRACT 3: $37,100 | TRACT 4: $1,800 PER ACRE THANK YOU!

Drake Revocable Living Trust

Vicki L. Scheid Power of Attorney for Robert E. Drake will offer for sale:

Auction Date: Saturday, September 1, 2018 Personal Property @ 10 AM & Real Estate @ 12 NOON (if not sold prior to auction)

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: August 31st, 2018 by 12 NOON

DIRECTIONS: From Prairie Creek go West 2 miles on Middletown Drive. All 4 tracts are on the south or left side of the road. Watch for Johnny's signs!!

Tract 1: this Real Estate is located at 7536 W Middletown Dr. Farmersburg, IN 47850. This is a 4 bedroom, 1.5 bath home that is situated on 2.95 acres. The home has a family room, living room, kitchen/dining room and a laundry room. The home has central air, gas furnace, electric water heater, 200-ampere breaker box, city water and septic. The shingle roof is about 4 years old. There is a 2-car detached garage with overhead electric door openers along with a smaller 1-car detached garage with an overhead door.  The property has 2 ponds. We currently have a bid of $65,000 plus 6% Buyers Premium which equals $3,900. (84-12-33-100-017.000-016)

Tract 2: this Real Estate is located at 7438 W Middletown Dr. Farmersburg, IN 47850. This home is situated on .40 acres. The home has a 1-car detached garage. The home has city water and septic. This home is currently occupied, more information coming soon. We currently have a bid of $10,000 plus 6% Buyers Premium which equals $1,000. (84-12-33-100-018.000-016)


Tract 3: this Real Estate is located at 7364 W Middletown Dr. Farmersburg, IN 47850. This home is situated on 3.73 acres. There is a detached garage plus a building. The home has city water and septic. This home is currently occupied, more information coming soon. (84-12-33-100-020.000-016)


Tract 4: this Real Estate is located on Middletown Road. There are 23 acres with 3 buildings. We currently have a bid of $29,900 ($1,300 per acre) plus 6% Buyers Premium which equals $1,794. (84-12-33-100-021.000-016)


Full List of Personal Property coming soon!

Parcel Numbers: 84-12-33-100-017.000-016 ; 84-12-33-100-018.000-016 ; 84-12-33-100-020.000-016 ; 84-12-33-100-021.000-016
Legal Description: to be determined
Real Estate Taxes: to be determined

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 receive a free survey that has already been completed.

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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