Well, I got a look at the bike. It braked and shifted beautifully, the wheels weren't out of true. The top tube wasn't bent, the down tube had a little ridge underneath it about two inches from the head-tube like it had been welded or something, not sure if that's normal. The owner said he wasn't aware of it being in an accident. An interesting note that furthers the accident mystery: he bought the bike from a police officer.
Anyway, I didn't buy it because he was asking a firm $200. I told him to contact me if he couldn't get rid of it and I would give him $150 for it. I am sad because other than the price and the apparent bent tube question, it was the perfect bike. The hunt continues...
Thanks again for your help.