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Event: 'Geneva Durham Property'

Real Estate Auctions
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Date: Thursday, September 23, 2010 At 10:00 AM

ABSOLUTE REAL ESTATE AUCTION

THE GENEVA DURHAM PROPERTY
46 N. PERSHING AVENUE, INDIANAPOLIS, IN 46222
3 BEDROOMS - 2 BATHROOMS - BASEMENT - DETACHED GARAGE

Thursday, September 23rd @ 10:00 a.m.

Auction to be held on site at the subject property,
46 N. Pershing Avenue, Indianapolis, IN 46222

NO MINIMUM, NO RESERVE
PROPERTY BEING SOLD ABSOLUTE

Located in Wayne Township, Marion County, just north of Washington Street
38' x 107' lot, approx. 0.09 acres, mature trees, drive, walks & rear alley
Trotter & Henrys Addition, Lot 70, with city water, city sewer, and natural gas
1,845± sq. ft. partial two-story house built approx. 1921 with basement
Aluminum siding, wood windows, asphalt shingled roof, & gutters
Interior includes living room, kitchen, office/den, 3 bedrooms, & 2 full baths
Built-in stove/range, dishwasher, disposal, fireplace, & hardwood floors
Gas water heater, gas furnace, central air, & 100 amp electrical panel
Updates include kitchen, bathrooms, & furnace - house is ready to move into
Covered front porch, rear deck, & rear chain link fencing
2 car detached garage, approx. 20'x20', with two overhead doors

OPEN HOUSE:
Thursday, September 16th, 4;00-6:00 p.m.

Directions to property & auction site:  From Washington Street (US 40) between Belmont Avenue & Tibbs Avenue, take Pershing Avenue north to property at 46 N. Pershing Avenue, Indianapolis, IN 46222.  Please look for signs.

TERMS OF AUCTION
TERMS:
  Successful purchaser to pay 10% down day of auctin with the baqlancue 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 house.

Owner: Geneva J. Durham Revocable Living Trust
Power-of-Attorney:  Michael R. Durham

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