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REAL ESTATE AUCTION THE BUYER MAY PURCHASE THIS REAL ESTATE PRIOR TO AUCTION |
| Jim Wible and Lovinia Ferree, Personal Representatives for Maurice Wible, will offer for sale, at Auction, the following real estate located at 126 East Maple Street, Shelburn, Indiana. From US 41 turn East on Highway 48, cross the railroad tracks, turn south on the first road, which is Thomas Street. Continue south to the intersection of Thomas and Maple Streets, turn East, go 1/2 block and the property is located on the North side of the street. WATCH FOR JOHNNY'S SIGNS! |
126 East Maple Street
Shelburn, Indiana
Wednesday, August 29, 2007 @ 3:00 pm
Note: This property may be purchased prior to auction by contacting
Johnny Swalls with an offer and the Seller will act on the offer. The Deadline
for making this offer is Tuesday, August 28, 2007, at 12:00 Noon.
First accepted Offer Buys.
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| This 2 story home on 2.75 acres, has 3 bedrooms, 2 baths, 1 car built in garage, small basement and open front porch. There is a large living room with huge fireplace, dining room with fireplace, a study and a unique winding, beautiful wooden staircase. The home has a lot of detail; there are transoms over the doors, unique architectural designs and the large yard has majestic, bigger than life oak trees. The home can be a fine estate, but needs some work and tender loving care. The home has city water, city sewer and city gas. |
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PARCEL NUMBER: 77-02-34-114-045.000-005 LEGAL: SE COR SE NE SEC 34-9-9 2.75 ACRES REAL ESTATE TAXES: The real estate taxes are approximately $646. per year (with mortgage and homestead exemptions) 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 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 survey cost, if needed, will be paid by the Buyer and completed after closing. POSSESSION: Possession at closing. AGENCY: Johnny Swalls Auction, Inc. and its Representatives are Exclusive Agents of the Seller. FOR PRIVATE SHOWING CALL: Sale Coordinator, P.J. Bezy 812-495-6119 or Johnny Swalls 812-495-6119 SALE LOCATION: At the Property. PHONE: 812-495-6119 FAX: 812-696-5090 E-MAIL: johnnyswalls@joink.com |
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AUCTIONEER: Col. Johnny Swalls CAI, AARE, GPPA, CAGA, CREA  IN #AU01026257
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