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SOLD PRIOR TO AUCTION. $63,600.00 Thank you

2 Business Buildings on One Square City Lot

Wednesday, November 9th, 2016 @ 2:00 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:

DIRECTIONS: US 40 in Brazil, in.

The Commercial Property contains an office building with Brick on 2-sides and another large building that was a former lumber yard, all sitting on 1 square city block. The office building has 5 offices, a lobby, (2) half baths, central air, electric heat, and a 1-car garage w/ overhead door opener. The office has all city utilities. The large building has a half-bath , furnace and large carport. This property is high & dry for any commercial business.  Both buildings are in a prime location on the south side of W. National Avenue/U.S. Hwy 40. 



Parcel Numbers: 11-02-36-400337.000-002
Legal Description: Hendrix 2nd Lts 7,8,9,12,13,14
Real Estate Taxes: $1,313 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.

1,037 Real Estate Parcels Sold of the last 1,044 Listed!!

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