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Owner: Princeton Mining Company, Inc - President: James O. McDonald

5858 E Hulman Drive Terre Haute, IN 47803

3 bedroom home and barn on 3 acres m/l

Auction Date: Wednesday, August 26, 2020 @ 2 P.M

** NOTE: we will be selling 2 other tracts for Princeton Mining Company, Inc on August 26th unless Sold Prior to Auction.

Auction Location: Holiday Inn, 3300 US 41, Terre Haute, IN 47802

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 25 by 12 NOON

This is a 3-bedroom, 1.5 bath, all brick ranch home in Terre Haute, Indiana. The home has well water, septic, central air, gas furnace, gas water heater and a 100-ampere breaker box. There is a large Master Suite with half bath. There is a sitting area with a fireplace. The home has a large dining room/living room combo with original hardwood floors. There is a full basement. There is a rear deck and an older tin barn. The home is currently being rented - the lease expires October 23, 2020. Due to the home currently being rented, there are no interior pictures as we want to protect the Tenant's privacy. The rent is $800 a month.

This home won't last long, call Johnny today 812-249-5090.

Parcel Numbers: 84-07-29-326-001.000-009
Legal Description: PLATOLENE
Real Estate Taxes: $2,723 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: Subject to Tenants Lease.

Survey: Buyer will pay for survey, if one is needed.


Email: auctions@jswalls.com

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

AUCTIONEER/BROKER: Col. Johnny Swalls, CAI, GPPA, CAGA, CREA, AU1026257, RB14033902, AC30700074.

1,031 Real Estate Parcels Sold of the last 1,038 Listed!!

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