Dan Clark Auction & Realty LLC

 

Date(s) 5/10/2024 - 5/22/2024

Auction closes on Wednesday, May 22, 2024 @ 1:00 P.M. CST

Past Auction
Online-Only Auction
Shipping Not Available
Auction Information
Name 302 S Jefferson Online RE Auction
Auctioneer
Type Online-Only Auction
Date(s) 5/10/2024 - 5/22/2024
Auction Date/Time Info
Auction closes on Wednesday, May 22, 2024 @ 1:00 P.M. CST
Preview Date/Time 5/10/2024 thru 5/22/2024 Property is to be shown by appointment only
Checkout Date/Time 5/22/2024 @ 2:00 PM CST
Location
Buyer Premium 5.00% buyers premium & 6.2% state/tax
Description
Property Address: 302 Jefferson St. Winner, SD 57580 Legal: Lots 23-24, Block 21, Original Winner City, Tripp County, SD Auction Closes: Wednesday, May 22nd, 2024 @ 1:00 P.M. CST w/a Soft Close This property is being shown by appointment only, to schedule an appointment contact Dan Clark Auction & Realty. (605) 842-3300 There is a soft close with 1 minute extension, meaning, if there is a bid in the last 60 seconds of the lot closing, 60 seconds will be added. Property Description: This house is a fixer -upper, we are not applying that it is move in ready ! The house on this property has set vacant for at least 15 years, maybe longer. We highly encourage you to inspect the property before you bid. This real estate property is being sold to the high bidder in AS-IS /WHERE IS condition, with No warranty or guarantees either written, expressed or implied. Home Type: Two Story, single family, owner occupied Living Area: 875 Sq. Ft. Year Built: 1940 Unattached 2 stall garage Exterior: Composition Home Type: Residential single family Living Area: 875 Sq. Ft. Lot Size: 50' x 140' Year Built: 1940 Exterior: Composition Roof: Shingles Interior: Hardwood & carpet floors Brdrooms: (3) Bathroom (1) Personal Property: Refrigerator, cook stove/oven (electric),, sump pump in crawlspace, washer & dryer, stove fuel furance Heating: Stove Fuel Cooling: Window air conditioning (none included) Water Heater: Electric Electrical System: 110 v & 220v RE Taxes $176.24 (2023)
Auction opens Monday, May 13, 2024 Auction closes Wednesday, May 29th, 2024 @ 1:00 P.M. CST with soft close Showing by appointment only- Call Dan or Kay @ 605-842-3300 ONLINE ONLY AUCTIONS TERMS: The house on this property has set vacant for at least 15 years, maybe longer. This real estate property is being sold in AS-IS /WHERE IS condition, with No warranty or guarantees either written, expressed or implied. All descriptions believed accurate but not waranteed. * Bidder inspection is encouraged. * By placing a bid, bidder signifies that they have examined the property to their satisfaction, or that they have chosen not to personally examine them. This is a cash sale, which means potential buyers must have their financial arrangements secured prior to bidding. There will be no buyer contingencies offered or accepted for financing, inspections, or appraisals. Buyer and Sellers agree to execute a written purchase agreement within 24 hours of auction closing and to deposit with RE Broker/Auctioneer, a nonrefundable earnest money payment of $5,000.00. The nonrefundable earnest money payment will be made payable to the closing agency,Titles of Dakota, 302 E 2nd St., Winner, SD. Buyers who are unable to close will be in default and the earnest money will be forfeited. All prospective buyers that have no prior real estate purchase/business history with Dan Clark Auction & Realty, LLC shall be required to submit a letter of credit or proof of funds from an FDIC insured lending institution or financial services company prior to being approved to bid. Dan Clark Auction & Realty, LLC and the Sellers shall have absolute discretion and authority to qualify or not qualify potential bidders. If you have any questions as to your ability to bid, contact our office in advance of the auction. Balance of the purchase price is due in certified funds at closing on or before June 14, 2024 The buyer(s) will take full possession after final payment at the date of the closing. The closing service fee that's charged by the closing agency, shall be divided equally between the buyer and the sellers. Conveyance of marketable title will be transferred by Warranty Deed. The owner's title insurance policy will be provided with the cost of title isurance fees will be divided equally between buyers and sellers. This property is sold AS-IS / WHERE-IS condition, with No warranty or guarantees either written, expressed or implied. All of the 2023 Real Estate taxes will be paid by the Sellers. 2024 Real Estate taxes due and payable in 2025 shall be prorated to the date of the closing, based on the most current county information. DISCLAIMER: Property information provided was obtained from sources deemed reliable, however, the Seller(s) and Broker/Auctioneer are not making any guarantees to its accuracy. Each potential bidder shall be responsible for conducting, at their own risk, independent inspections, inquiries, and due diligence concerning the property. The sellers makes no warranty whatsoever for the property and specifically disclaims all warranties of fitness for a particular purpose of any warranty. Potential buyers are encouraged to conduct both on-site and off-site inspection of the property to the extent deemed neessary and rely upon their own pre-auction inspection when bidding. The winning bidder(s) acknowledges that they are representig themselves or have hired representation using their own financial means to coplete the online only auctiion sales transaction. Dan Clark, Broker/Auctioneer and Dan Clark Auction & Realty, LLC Brokerage Firm and all associated licensees are acting as agents for the Sellers and will be representing only the Seller's interest in this transaction. Auctioneers reserve the right to cancel and /or reopen the auction in the case of system failures. This Real Estate property is being sold subject to the Sellers confirmation. Buyers Premium of 5% and 6.2% city/state sales tax will be added to the final bid. The laws of the State of South Dakota govern this agreement. Any dispute arising from the terms of this auction shall be brought in a court of Tripp County, South Dakota.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 5.00% buyers premium & 6.2% state/tax
Payment Terms
This is a cash sale, which means potential buyers must have their financial arrangements secured prior to bidding. There will be no buyer contingencies offered or accepted for financing, inspections, or appraisals. Buyer and Sellers agree to execute a written purchase agreement within 24 hours of auction closing and to deposit with RE Broker/Auctioneer, a nonrefundable earnest money payment of $5,000.00. The nonrefundable earnest money payment will be made payable to the closing agency,Titles of Dakota, 302 E 2nd St., Winner, SD. Buyers who are unable to close will be in default and the earnest money will be forfeited.
No Shipping Offered