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Event: 'George & Emma Greenwood Property'

Real Estate Auctions
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Date: Thursday, September 23, 2010 At 06:00 PM

ABSOLUTE REAL ESTATE AUCTION
THE GEORGE & EMMA GREENWOOD PROPERTY
289 N PARK AVENUE, SPENCER, IN 47460

3-4 BEDROOMS - 1 BATHROOM - OVER 1500 SQ. FT.

THURSDAY, SEPTEMBER 23RD, 6:00 P.M.

Auction to be held on site at the subject property,
289 N. Park Avenue, Spencer, IN 47460

NO MINIMUM, NO RESERVE
PROPERTY BEING SOLD ABSOLUTE

Located in Spencer, just NW of SR67 & SR46, in Owen County
50' x 134' lot, approx. 0.15 acres, mature trees, side & rear alleys
City water, city sewer, only blocks from Spencer Elementary School
1,536± sq.ft. partial two-story house built approx. 1907 with cellar
Vinyl siding, wood windows, asphalt shingled roof, gutters
Main level includes a living room, kitchen, 2 bedrooms, 1 bathroom
Upper level includes a landing & 2 additional bedrooms
Washer, dryer, dishwasher, range, convection oven, disposal, & water softener
Oil furnace, baseboard heat, central air, & electric water heater
Covered front porch, concrete rear patio, & rear attached storage shed

OPEN HOUSES:
Tuesday, September 14th, 5:00 - 7:00 p.m.
Monday, September 20th, 5:00 - 7:00 p.m.

TERMS OF AUCTION
TERMS:
  Successful purchaser to pay 10% down day of auctin with the balance due on or before October 25, 2010.
TAXES:  Real estate taxes to be prorated to day of closing.
FINAL BID:  Property to sell absolute, regardless of price, with no minimum or reserve.
POSSESSION:  Purchaser to have possession day of closing.
IMPROVEMENTS:  All improvements to be sold in "AS IS" condition.
INSPECTIONS:  Inspections of the subject property can be made by calling Lawson & Co. at 317-745-6404, or visit the Open Houses.

OWNERS:  Georgeanna Sims & Cheryl Foster,
Life Estate to George & Emma Greenwood

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