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SOLD PRIOR TO AUCTION $155,000 TOTAL TOTAL! | THANK YOU THANK YOU!

Attorney for the Estate: James O. McDonald

Gale M. Usrey Estate, Personal Representatives: Robert Russell & Ronald Hale, will offer for sale:

Home, Barn & 20 Acres m/l in 2 Tracts or as a Whole | Tract 1: Home, 3 Car Garage & Barn on 2 Acres m/l or Tract 2: 18 Acres m/l Woods & Tillable

Address: 4779 S State Road 159 Dugger, IN

Auction Date: February 29, 2024 @ 2:00 PM

Auction Location: Johnny Swalls Auction, Inc Office (111 W Main Street Farmersburg, IN 47850)

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: February 28, 2024 @ 12:00 NOON

This is a 2 bedroom, 1 bath home on the corner on State Road 159 south of Dugger. The home has a shingle roof and asbestos siding. The home has a full basement which houses the LP Gas furnace and water heater. There is a breezeway between the home and the 3-car garage. The garage has 3 overhead door openers and 2 hanging heaters plus a concrete floor. The approach to the garage is an asphalt driveway.

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.