REAL ESTATE & PERSONAL PROPERTY ON-SITE AUCTION
Absentee

Drake Auctions

2233 West 11th Street
Muncie, IN 47302

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Date(s) 5/30/2025 - 6/14/2025

Saturday JUNE 14th 2025 - 10:00 am Real Estate will be offered at 10:00 am - Personal Property follows the Real Estate. 10% buyers premium on the Real Estate, NO buyers premium on the personal property.

Past Auction
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Catalog
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Bidding Notice:

Real Estate is subject to a 10% non refundable buyers premium due at the conclusion of the auction in the form of Cash or Good Check. ***** NO Buyers premium on the personal property ***** Bids made through HiBid will be considered absentee bids and will be worked into the live auction. NOTICE: High Bidder will have to be reachable by telephone at the conclusion of the on-line portion of the ... Show More

Auction Notice:

Personal Property Payment options - CASH, M/C, Visa, Discover. (3% fee added to all credit card payments). NO BUYERS PREMIUM on the personal property. NO SALES TAX.

Auction Information
Name REAL ESTATE & PERSONAL PROPERTY ON-SITE AUCTION
Auctioneer
Drake Auctions
Type Internet Absentee Bidding
Date(s) 5/30/2025 - 6/14/2025
Auction Date/Time Info
Saturday JUNE 14th 2025 - 10:00 am Real Estate will be offered at 10:00 am - Personal Property follows the Real Estate. 10% buyers premium on the Real Estate, NO buyers premium on the personal property.
Preview Date/Time LIVE ON-SITE AUCTION Real Estate OPEN HOUSE - Sunday June 8th from 2:00 - 4:00 pm Personal Property Preview is the morning of the auction.
Checkout Date/Time Saturday JUNE 14th 2025 - 10:00 am Real Estate 10% non-refundable buyers premium is due at the signing of the purchase agreement.
Location
2233 West 11th Street
Muncie, IN 47302
Buyer Premium 10% Buyers Premium on REAL ESTATE ONLY
Description
Shirley Terry Estate 2233 West 11th Street Muncie, Indiana 47302 Live On-Site Real Estate & Personal Property Auction with On-Line absentee bidding on the Real Estate only. No on-line bidding on the personal property. NOTICE: - BIDS FOR THE REAL ESTATE THAT ARE LEFT THROUGH HIBID WILL BE CONSIDERED AS ABSENTEE BIDS AND WE BE WORKED INTO THE LIVE AUCTION BIDDING ON THE DAY OF SALE. WINNING BIDDER IS RESPONSIBLE FOR A 10% NON REFUNDABLE BUYERS PREMIUM DUE AT THE CONCLUSION OF THE AUCTION IN THE FORM OF CASH OR GOOD CHECK. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. The purchase agreement has been, or will be, made available at your request. Announcements made by the auctioneer during the time of the sale will take precedence over any previously printed material or any other oral statements made. The property is being sold on an "as-is, where-is" basis, and no warranty or representation, either express or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities or easements, assurance of building permits, driveway permits, or water and septic permits. In some instances, additional engineering may be required to be filed with the Area Plan Commission for getting final building site approval. All sketches and dimensions in this brochure and related materials are approximate. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller or the auction company. DRAKE AUCTIONS Auctioneer: Terry Drake Auctioneer License #AU10600020 765-744-4180
REGISTER TO BID - All persons Interested in participating in this auction must complete and sign a registration form and provide proper identification. Participants must be at least 18 years of age to register for a bid number. Drake Auction Company reserves the right to refuse any on-line or in person bids. ABSENTEE BIDS - Auction Company does except absentee bids for those who choose not to bid on-line however, absentee bidders are subject to the same taxes and fees as those who bid on-line. BIDDER AGREEMENT: By placing a bid, bidder signifies that they have examined the items to their satisfaction, or that they have chosen not to personally examine them. By placing a bid you acknowledge that you have read, understand and agree to all of the Auction Companies terms and condition. CONDITION OF ITEMS SOLD - Understand that all items offered in this auction are being sold in "AS IS / WHERE IS" condition with all faults. All descriptions believed to be accurate however, Drake Auction Company offers no guarantees, warranties, returns, refunds or exchanges of any kind and bidder inspection is encouraged. Auction Company does not imply the condition of any item being offered and it is the sole responsibility of the buyer to know what they are bidding on and the condition of that item. Make certain to email question and look the photos over before placing a bid. ALL SALES ARE FINAL. BUYERS PREMIUM - A 10% buyers premium will be added to the final sale price of the real estate. No buyers premium on the personal property. SALES TAX - No sales tax will be collected. RESERVES - In compliance with Indiana State Law, ALL items offered are subject to reserve unless stated otherwise. PAYMENT INFORMATION - U.S. Currency only in the form of: CASH, M/C, VISA, DISCOVER. (3% Charge will be added if paying with credit card). FAILURE TO PAY FOR ITEMS - Bidders who fail to complete full payment of purchases will be responsible for any and all fees incurred to the Auction Company for the items purchased. Bidders who fail to follow through with payment for their puchases will also forfeit their right to participate in future auctions. LIABILITY - Drake Auctions assumes no responsibility for any bidders purchases after the sale is complete. Drake Auctions is not responsible for accidents during preview hours, live auction time or during pickup time. SYSTEM FAILURES - Drake Auctions reserves the right to cancel and / or reopen the auction in the case of system failures. DRAKE AUCTIONS Terry Drake: Auctioneer License # AU10600020 Ph.# 765-744-4180 drakeauctions@comcast.net
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49,999.00 100.00 USD
49,999.01 - 99,999.00 250.00 USD
99,999.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% Buyers Premium on REAL ESTATE ONLY
Payment Terms
ACCEPTED FORMS OF PAYMENT for the Real Estate are - CASH or Good Check. NO Credit Card. ACCEPTED FORMS OF PAYMENT for the Personal Property are - CASH, Mastercard, Visa, Discover (3% convenience fee for credit card payment. NO CHECKS. 10% buyers premium on the real estate due after the signing of the purchase agreement. NO BUYERS PREMIUM on the personal property.
PICKUP LOCATION - 2233 West 11th Street Muncie, Indiana 47302