Online Only Auction
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Date(s)
12/15/2016 - 1/20/2017
Bidding Notice:

All bidding will be conducted online-only


Information
Lot # 1
Estimate 300,000.00 - 500,000.00 USD
Lead 69 Acres, Zoned Residential, Kokomo, IN
Description
69 Acres, Zoned Residential, Kokomo, IN, selling for one bid Parcel #1 - 55ac tract has three zoning classifications: R3- medium density single family residential, M2- medium density multi-family residential, and M1- low density multi-family residential Parcel #2 - 14ac tract is zoned R3 Currently being farmed by tenant, 36 acres tillable, rent is $180/ac
Name Kokomo Real Estate, 69 Acres, Zoned
Auctioneer
Type Online-Only Auction
Date(s) 12/15/2016 - 1/20/2017
Auction Date/Time Info
Bidding will be conducted online only
Preview Date/Time property is available for inspection by interested bidders, at any time
Checkout Date/Time Complete Terms and Conditions included in Bidder Information packet
Location
Buyer Premium 6% Added to Final Bid
Description
Two parcels, totaling 69 acres, on Kokomo's southeast side, located just north of Walnut Creek apartments and a short distance from the new bypass. All bidding will be conducted online only...more information, Bidder Info packet, available at www.kokomo69acres.com
Terms and conditions included in Bidder Information packet, download at www.kokomo69acres.com
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 10.00 USD
100.01 - 500.00 25.00 USD
500.01 - 1,000.00 50.00 USD
1,000.01 - 5,000.00 250.00 USD
5,000.01 - 20,000.99 10,000.00 USD
20,001.00 - 100,000.00 10,000.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 6% Added to Final Bid
Payment Terms
$25,000 deposit due from winning bidder within 24 hours of close of auction, balance due within 30 days of sale. Terms and Conditions, including deposit and closing details, included in Bidder Information packet
n/a
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.