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Leonard F. Baughman will offer for sale:

5401 N Co Rd 100E Shelburn, IN 47879

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: May 29th by 12 NOON


Tract 1: This is a 3 bedroom-1 bath home and improvements on 2 acres m/l.  The home is located at 5401 N County Road 100E Shelburn, IN 47879. The home has well water, septic, gas water heater, gas furnace heat and 100-ampere breaker box. The refrigerator, range, oven, clothes washer and dryer are included. There is a 2-car detached garage with a concrete floor with an overhead electric door opener. There is a storage building. 

(the LP tank is leased)


Tract 2: This Real Estate is 18 acres m/l in Sullivan County. There are 15.86 tillable acres m/l according to the Farm Service Agency.

Parcel Numbers: 77-07-03-000-031.000-011
Legal Description: N1/2 Ne Se Section: 03 Township: 08 Range: 09 Acres: 00020.000
Real Estate Taxes: $767 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.

Mineral Rights: Mineral Rights: An ALTA 2006 Title Insurance Commitment in the amount of the contract price will be supplied to the Buyer for the surface, if the Buyer desires a mineral search it will be at Buyers cost and after the closing. All underlying minerals, coal, fireclay, gas and oil rights owned by Seller, if any, will go to the Buyer and without any warranty.

Survey: Buyer of tract 1 and 2 will share the cost of survey if bought in 2 tracts, if sold as a whole, there will be no survey.

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.

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

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