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Michael P. & Charlene B. Cox will offer for sale:

Commercial Property

Address: 18 E Jackson Street Sullivan, Indiana 47882

Auction Date: Thursday, March 11, 2021 @ 2:00 PM

Auction Location: 18 E Jackson Street Sullivan, 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: Wednesday, March 10, 2021 @ 12:00 (NOON)


This Real Estate is a 46' x 75' Commercial Building located in downtown Sullivan. This building is 3,311 square feet by County Records and sits on .08-acre lot. There is a beautifully updated storefront with new pavers and awning along with landscape boxes to add your own personal touch. The building has new 1/2" fire-rated drywall (fire taped), new plumbing, new water lines, new windows, new wiring, and 200-ampere service with 10 extra breakers. This building has been extensively remodeled and is believed to be in excellent condition. Great location for business! This Commercial Building is handicap accessible and has on street parking in the front. 

Parcel Numbers: 77-07-34-223-043.000-012
Legal Description: OT PT 46' X 75' E PT LOT 76
Real Estate Taxes: $1,296

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 Excluve Agents of the Seller.

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

1,018 Real Estate Parcels Sold of the last 1,025 Listed!!

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