Auction Information
Name Historic Muncie Indiana Real Estate Auction
Auctioneer
Type Online-Only Auction
Date(s) 4/24/2024 - 5/8/2024
Auction Date/Time Info
Internet Only
Preview Date/Time By Appointment
Checkout Date/Time See Terms
Location
Buyer Premium NO BUYERS PREMIUM
Description
Talk about a unique opportunity!! GUARANTEED SALE WITH A STARTING BID OF $10,000. These properties are situated at the edge of the Muncie, IN Historic Downtown District. This auction is for the homes located at 704 E Main St and 112 N Vine St, Muncie, IN. You are getting both of these for ONE BID. The home at 704 E Main just screams potential. It will take a good bit of work to bring it back to its former glory but the bones and appeal are there. The property at 112 N Vine is in disrepair and it would be questionable as to whether it would be financially responsible to attempt to rehab this dwelling. These are adjoining properties so you do have possibilities. These properties do have a large amount of contents in them and they are included in the auction. READ PRIOR TO BIDDING!! Auction Dates: 4/25/24-5/8/24 End: Wednesday, May 8th, 2024 @ 6PM (Soft Close) Preveiw: By Appointment For more information or questions contact Andy @ 765-748-4509 This property is selling through an online real estate auction and can be viewed anytime leading up to May 8th @ 6PM. Terms for the Online Auction: Property sells with a guaranteed minimum starting bid of $10,000 or higher. A $2500 non-refundable earnest money deposit will be due from the buyer within 48-hours of the conclusion of the auction and will be held in the auction company's escrow account. Seller agrees to furnish clean and clear title to the buyer. Any costs associated with the provision of title insurance and title search will be at the expense of the seller. The buyer will be responsible for any costs associated with the obtaining of funds to close the transaction. The closing fee charged by the title company will be split 50/50 between the buyer and seller. Property is to be sold in AS-IS condition with any and all faults. Bidding is not contingent upon inspection or financing. Closing of this transaction shall be on or before June 5th, 2024. Buyer to assume taxes due and payable in the Fall of 2024 and the taxes thereafter. Possession at closing. Agents must disclose your buyers name to me 24-hours prior to the end of the auction at wagnerauctioneering@yahoo.com to be credited for the buyer broker compensation in the amount of $500
READ PRIOR TO BIDDING!! Auction Dates: 4/25/24-5/8/24 End: Wednesday, May 8th, 2024 @ 6PM (Soft Close) Preveiw: By Appointment For more information or questions contact Andy @ 765-748-4509 This property is selling through an online real estate auction and can be viewed anytime leading up to May 8th @ 6PM. Terms for the Online Auction: Property sells with a guaranteed minimum starting bid of $10,000 or higher. A $2500 non-refundable earnest money deposit will be due from the buyer within 48-hours of the conclusion of the auction and will be held in the auction company's escrow account. Seller agrees to furnish clean and clear title to the buyer. Any costs associated with the provision of title insurance and title search will be at the expense of the seller. The buyer will be responsible for any costs associated with the obtaining of funds to close the transaction. The closing fee charged by the title company will be split 50/50 between the buyer and seller. Property is to be sold in AS-IS condition with any and all faults. Bidding is not contingent upon inspection or financing. Closing of this transaction shall be on or before June 5th, 2024. Buyer to assume taxes due and payable in the Fall of 2024 and the taxes thereafter. Possession at closing. Agents must disclose your buyers name to me 24-hours prior to the end of the auction at wagnerauctioneering@yahoo.com to be credited for the buyer broker compensation in the amount of $500
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium NO BUYERS PREMIUM
Payment Terms
This property is selling through an online real estate auction and can be viewed anytime leading up to May 8th @ 6PM. Terms for the Online Auction: Property sells with a guaranteed minimum starting bid of $10,000 or higher. A $2500 non-refundable earnest money deposit will be due from the buyer within 48-hours of the conclusion of the auction and will be held in the auction company's escrow account. Seller agrees to furnish clean and clear title to the buyer. Any costs associated with the provision of title insurance and title search will be at the expense of the seller. The buyer will be responsible for any costs associated with the obtaining of funds to close the transaction. The closing fee charged by the title company will be split 50/50 between the buyer and seller. Property is to be sold in AS-IS condition with any and all faults. Bidding is not contingent upon inspection or financing. Closing of this transaction shall be on or before June 5th, 2024. Buyer to assume taxes due and payable in the Fall of 2024 and the taxes thereafter. Possession at closing.
See Terms
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.