REAL ESTATE AUCTION

The undersigned Auction Company has been authorized to sell the Real Estate belonging to the Estate of Sharon R. Wiseman, located at 2040 Fleener Road, Evansville, Indiana.

REAL ESTATE: The Real Estate consists of a lot measuring approximately 1.97 acres located at 2040 Fleener Road in Scott Township, Vanderburgh County, Indiana.  The lot is improved with a 1949 constructed 1-story brick house consisting of 1,056 sq. ft.  The house contains (6) finished rooms including (4) bedrooms, (1) bathroom, a living room, and a kitchen/dining room.  The house has a 1-car attached garage, a small enclosed porch, and a full walk-out basement with 528 sq. ft. of finished area.  The rear of the house features a 132 sq. ft. concrete porch.  Other improvements include a 3-car detached garage w/ concrete floor measuring 24′ x 36′ and a utility shed measuring 10′ x 12′.

PROCEDURE: The Real Estate will be offered in one (1) tract.  Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer.  All decisions of the Auctioneer are final.

DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing.  The down payment may be in the form of cash, cashier’s check, personal check or corporate check.  Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. 

ACCEPTANCE OF BID PRICES:  Successful bidder will be required to enter into a Purchase Agreement at the auction immediately following the close of the auction.  All final bid prices are subject to the Seller's acceptance or rejection.

BUYER’S PREMIUM:  A 7% buyer’s premium will be added to the high bid to determine the contract sale price.

DEED:  Seller shall provide a Personal Representative's Deed conveying title to the property.

CLOSING:  The balance of the purchase price is due at closing, which will take place within 30 days of presentation of insurable title.

POSSESSION:  Possession will be at closing.

REAL ESTATE TAXES:  The Seller will pay the November 2010 taxes. The Buyer will pay all subsequent taxes.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence.  The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.

DIRECTIONS: Take St. Joe Avenue north to Fleener Road.  Turn right and watch for signs.

AUCTION LOCATION:  The auction will take place at 5:00 pm on Wednesday, June 16, on site at the residence.

SHOWING:  Wednesday, June 9, 4:00-6:00 pm, CST

AUCTIONEER’S NOTE:  A great location on Evansville′s North Side!

OWNER: Estate of Sharon R. Wiseman

                  Glenda Dyson, Personal Representative

All announcements the day of the auction take precedence over printed material or any other oral statements made.