HOUSE IS SELLING IN AS-IS CONDITION. NOT CONTIGENT UPON FINANCING OR INSPECTION. Bidding ends on May 15th, 2025 @6pm There is a 2% Buyers Premium Charge that will be charged to the winning bidders and collected at closing due to Flesher Brothers Auctioneering & Real Estate Inc. or the realtor you are working with on the purchase side of the transaction. A $5,000 down non-refundable earnest money deposit is due from the winning bidder no later than 48-hours after the auction closes with balance and possession due upon closing. Closing of this transaction shall be no later than 35-days after the auction sale and the closing fee charged by the title company will be split 50/50 between both buyer and seller. The buyer is responsible for the taxes due and payable for the Fall of 2025 and thereafter. Seller agrees to furnish good and merchantable title to said real estate or an owner's policy of title insurance for the sale price of the real estate and agrees to deliver a good Warranty Deed. 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 obtaining funds to close the transaction. If a survey is required by the lender that will be at the sole cost of the buyer. The property is selling in AS-IS condition and the seller does have the right to accept or reject any and all bids. Sale of the property is not contingent upon buyer inspection or buyer financing. Possession of the property will be granted on the closing date. Buyer is responsible for conducting their own inspeciton and inquiries on the property. All buyer inspections need to be done prior to the auction end date of May 15th, 2025. The driveway is shared with the neighbor and costs to upkeep the drive is to split 50/50 between both owners. These driveway maitenance costs are for gravel to be added to the drive every 3-4 years and the cost broken down per year is around $400. The property is available to be seen anytime leading up to the final day of bidding at 6:00 P.M. when the online auction bidding ends. Buyer will be contacted immediately following the auction, and will be asked to enter into a purchase agreement. Please call Jerrett D. Flesher (765) 716-8418 with any questions. Frequently Asked Questions About Real Estate Auctions: Can I get financing? Yes, financing is allowed, but all financing must be pre-approved. The sale is considered a cash transaction and not contingent upon financing. If you fail to close, your earnest money will be forfeited. Can I inspect the property? Yes, inspections are permitted prior to the auction, but the property is selling As-Is and your bid is not contingent on the outcome of any inspection or repair request. What happens if I’m the winning bidder? You will be required to sign the purchase agreement immediately following the close of bidding without modifications and submit a non-refundable earnest money deposit of $5,000 with either a cashiers check or wire transfer. Do I get clear title to the property? Yes, the sellers will provide an owner’s policy of title insurance, guaranteeing that you receive clear title free and clear of any liens or encumbrances. Are the real estate taxes paid current? Yes, the seller has paid the spring tax bill and the buyer will be required to pay the taxes due and payable in the Fall of 2025 and all taxes thereafter. Is there a buyer’s premium? Yes, a 2% buyer’s premium will be added to your bid amount to determine the final contract price. For example, if your winning bid is $200,000 the buyer’s premium would be $4,000, making the total purchase price $204,000.