top of page

Auction Time:

2:00 PM

The William L. Wortman Estate, Personal Representatives: Billy Wortman II & Diana Magnetti-Wortman, Attorney for the Estate: James O. McDonald will offer for sale:

.95 Acre Commercial Property

Address: 602 Paris Avenue West Terre Haute, IN

Auction Date:

Thursday, January 22, 2026

Auction Location:

111 W Main Street Farmersburg, IN 47850

Property Description

  • .95 Acres

  • Portable Building with a bathroom with sink & stool

  • 1,176 square foot building with upstairs

  • 1 Bath Downstairs

  • 1 Car Garage

  • Forced Air Heat

  • Central Air

  • Slab Floor

  • Bedroom Upstairs

  • Both buildings on this property have city water, city sewer & electric

Parcel Number: 84-06-19-401-005.000-022

Real Estate Taxes: $2,926.35

Terms of Real Estate: The Successful Bidder will deposit 5% 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 and will not delay closing.

Email Address: auctions@jswalls.com

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

Auctioneer/Broker: Col. Johnny Swalls, CAI, AARE, GPPA, CAGA, CREA, AU1026257, RB14033902, AC30700074

bottom of page