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

Commercial Land - 2.16 acres m/l on S 7th Street Terre Haute, IN

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 Real Estate is 2.16 acres of vacant Commercial Land just off South 7th Street.  These measurements may not be exact but we measure the frontage to be 156 feet North and South on South 7th Street, 384 feet East and West on the North end and 321 feet on the back West side.

Call Johnny today at 812-249-5090.

Parcel Numbers: 84-09-09-278-022.000-004
Legal Description: K & L SUB PL-33/6 D-444/319 9-11-9 LOT 1 2.160 AC
Real Estate Taxes: $703 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

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.

1,016 Real Estate Parcels Sold of the last 1,023 Listed!!

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