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GILLINGWATER ESTATE AUCTION
ABSOLUTE-SELLS TO THE HIGHEST BIDDER!
STONE RANCH HOME-TWO VACANT LOTS
ANTIQUES-CONTENTS
Address: 5800 Loudens Chapel Rd NW, Depauw, IN
SAT. JUNE 7 9:30 AM
REAL ESTATE SELLS APPROX. 11 AM!
TRACT #1: Bedford stone ranch home built in 1970 lying on approx. 3.009 spacious acres. This 2800 sq. ft house features 5 BR, 1.5 BA, full finished walk-out basement, 2 fireplaces, screened porch, large rear concrete patio & beautiful pond in back yard. Check this one out, a 3 acre lot with lots of living space! Annual taxes $1364.
TRACT #2: Approx. 1.772 acres, 150’ road frontage on Loudens Chapel Rd. Great building site!
TRACT #3: Approx. 4.853 acres, 300’ road frontage on Loudens Chapel Rd. Approx. 3 wooded acres with marketable timber.
UTILITIES: Ramsey water available & Harrison REMC.
INSPECTION: By appointment only, call (812)738-9476.
PROPERTY DIRECTIONS: From Corydon, NW on SR 337 approx. 5 miles, left (west) on Loudens Chapel Rd 1.9 miles to site.
BROKER CO-OP: Call for details!
ATTORNEY: Pamela K. Thompson
OWNER: Estate of Carol L. Gillingwater
ANTIQUES/COLLECTIBLES: Chicago oak wall telephone; 70’s IH 66 series pedal tractor; Victor VV-VI victrola; Elgin pocket watch; 10+ Ray Harm prints; 30+ framed prints; 500+ cookbooks; 40’s vanity set; 40+ dolls; 2 oak/gilded mirrors; 1000+ pcs costume jewelry!!!!; large cast water pump; 40’s Crosley radio; hand-ptd childs rocker; ice tongs; cast reading lamp; quilts; childs sled; cast bean pot; hammered alum; figurines; 60’s & 70’s Barbie items; Barbie & Stacey items; vintage games; homemade oscilloscopes
FURNITURE: Cherry 4-piece bedroom suite; 2 glass claw piano stools; antique oak washstand; Keller oak china cupboard; dining room suite w/china cupboard; Waterfall bedroom suite; antique oak occ. table; oak rockers; maple bedroom suite; 50’s desk; TV/VCRs; walnut end table; maple bed; pine bench; large upright jewelry chest; walnut blanket chest; piano; computer desk/chair
GLASS/CHINA: Bavarian Havilland 12x china; J. Zimmerman perfume bottle; 3 pieces St. Clair art glass; jadeite batter bowl; glass compotes; Kings Crown red/white glass; cake stands; pink etched sandwich server; kero lamps; boxes of glassware; glass baskets; china
HOUSEHOLD/MISC: GE refrig; washer/dryer; Singer sewing machine; kitchen items; canner; linens; kero heater; new canning jars; X-mas; large amt toys; toy trains; large amt books; handi-cap accessories
GARAGE/OUTDOOR ITEMS: Craftsman 20 Hp/42” riding mower; sand blast cabinet; Power Kraft router; fiberglass/alum ladders; covered outdoor swing; picnic table; hand tools/shop items
REAL ESTATE TERMS & CONDITIONS:
METHOD OF SALE: Beckort Auctions, LLC will offer this property at public auction on June 7, 2008. The property will be offered as one total unit, in combinations or in tracts, whichever results in the highest bid. Each bid shall constitute an offer to purchase, and the final bid shall constitute a binding contract between the Buyer(s) and the Seller(s). The auctioneer will settle any disputes as to bids, and his decision will be final.
DOWN PAYMENT: Ten percent (10%) per tract (non-refundable) down payment due day of auction, with balance due within 30 days at closing. The down payment may be made in the form of cash, cashier’s check, personal check, or corporate check. Your bidding is not conditional upon financing.
ACCEPTANCE OF BID PRICES: The real estate will be sold to the highest bidder-regardless of price! The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction.
ABSENTEE BIDDING: Confidential absentee buyer registration is available upon prior arrangements with Auction Company.
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of auction. The Seller(s) have the choice to extend this date if necessary.
DEED: The Seller(s) will provide a Personal Representative’s Deed at closing.
EVIDENCE OF TITLE: The Seller(s) have had Title Searches performed prior to auction, which are available upon request.
POSSESSION: Possession at closing.
GAS/MINERAL RIGHTS: All mineral rights owned by the Seller(s) will be conveyed to the Purchaser(s).
ACREAGE: All tract acreages, dimensions and proposed boundaries have been estimated based on current legal descriptions, title searches, and the current survey performed by Paul Primavera & Assoc.
EASEMENTS: The sale of this property is subject to any and all easements or record.
REAL ESTATE TAXES: Taxes will pro-rated to day of closing.
DISCLAIMER & ABSENCE WARRANTIES: All information contained in this article and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold as an AS IS, WHERE IS basis, and no warranty or representation either expressed or implied, concerning the property is made by the seller or the auction company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the seller or the auction company. Conduct of the auction and increments of biddings are at the direction and discretion of the auctioneer. The seller and selling agents reserve the right to preclude any person if there are any questions as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final. All announcements made day of auction take precedence over previously printed or stated information.
