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1.75 Acres, 3 Bdrm Home, Houk/Real Estate Auction

Charles R. and Dennis R. Houk will offer for sale, at Auction, the following Real Estate located at 638 N State Rd 59, Center Point, Indiana, Sugar Ridge Township, Clay County.

Tuesday, November 24, 2015

This property may be purchased prior to Auction by contacting the Auctioneer with an offer and the Sellers will act on the offer. The deadline for making this offer is: Monday, November 23, 2015 at 12:00 NOON First Accepted Offer Buys!

DIRECTIONS: From the intersection of SR 46 & SR 59 go North on SR 59, continue for almost a mile & the property will be on your right. Note: If you reach E. Ashboro Rd youâ€™ve gone to far. Watch for Johnnyâ€™s signs!!

PLEASE CALL PRIOR TO AUCTION TO SEE IF THE PROPERTY HAS SOLD

REAL ESTATE: This is a 3 Bedroom frame home with 1.5 Baths and a half basement! This home also sits on 1.75 acres. Clay County Beacon shows 1,412 square feet of living area. The washer and dryer will stay with the home. The home has 200 amp electric, hot water heat and a fireplace with an insert. There is a water well and septic system. There is a 36 ft. x 24 ft. pole barn with a concrete floor and a large 2 car detached garage with a loft. The garage is concrete block construction with two electric overhead doors. The tract behind the home looks like a state park, since it has been mowed and has several trees.

Parcel Numbers: 11-07-17-200-081.000-014;11-07-17-200-082.000-014
Legal Description: Dilsavers 1st - Ashboro Lts 1,2,3,4 And 5; Pt SE NW 17-11-6 1a
Real Estate Taxes: Approx. $529.81 per year with homestead and mortgage exemptions and will be pro-rated at closing.

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, cashierâ€™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 â€œAS-ISâ€ 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 ownerâ€™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% Buyerâ€™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.