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Josephine Elliott Estate. Attorney for the Estate: James O. McDonald

5.2 Acres m/l in Clay County

Auction Date: Wednesday, November 7, 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: November 6, 2018 by 12 NOON

DIRECTIONS: Just North of State Road 42. From State Road 59 and 42 travel West on 42 until you reach Cory/Staunton Road; travel North and proceed to the property. Watch for Johnny's signs!

This Real Estate consists of 5.20 acres m/l located in Clay County, Indiana on Cory Stauton Road. This property is located on an asphalt road just north of State Road 42. There is a pond and possible cabin site.

Parcel Numbers: 11-03-28-300-003.000-011
Legal Description: W1/2 SW/4 SW/4 28-12-7 5.20A
Real Estate Taxes: $54 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.

973 Real Estate Parcels Sold of the last 990 Listed!!

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