ESTATE-REAL ESTATE AUCTION    

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BUYER MAY PURCHASE REAL ESTATE PRIOR TO AUCTION

Martha M. Dunbar and Paulette S. Brown, Co-Personal Representatives for the Eugene Howard Taylor Estate, will offer for sale the real estate at 1929 N. 11th St.,Terre Haute, IN.  From the intersection of U.S. Hwy 41 (3rd St.) and U.S.Hwy 40 (Wabash Ave.), travel east to 11th St.; turn left. Continue north to 1929 N. 11th St.      WATCH FOR JOHNNY'S SIGNS!

REAL ESTATE:  The property consists of a two bedroom home and detached garage with vinyl siding, nice roof and concrete block foundation.  The home includes a large living room with brick fireplace, bathroom, kitchen, dining room, and basement.   Garage has a concrete floor and a pit to work on vehicles, vent in the roof, overhead door opener, and a grinder on a bench.  Nice wood fence encloses the backyard. The porch has a metal railing to go up the steps to the front door. Metal security doors are on the front and side.  The sale is subject to court approval.       

PARCEL NUMBER: 84-06-15-131-004.000-002

LEGAL DESCRIPTION: 38.56’ E SIDE 11TH ST PRT LOT 13 SPENCERS PRT LOT 7 KAUFMANS

REAL ESTATE TAXES:  Taxes 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 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. 

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. 

SURVEY:  The Buyer will pay for survey, if one is needed.      POSSESSION:  Possession at closing.

FOR PRIVATE SHOWING CALL:  812-495-6119

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

ATTORNEY FOR THE ESTATE:  Thomas C. Newlin

SALE LOCATION: 1929 N 11th St., Terre Haute, Indiana

AUCTIONEER’S PHONE: 812-495-6119 or 812-249-5090

FAX:  812-696-5090  E-MAIL:  auctions@jswalls.com

AUCTIONEER:  Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA   IN #AU01026257