Online Only Auction
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Date(s)
8/18/2024 - 10/3/2024
AUCTIONEER INFORMATION
Bidding Notice:

This is an online auction with bidding taking place online or via Phone Bid. To place a bid on the phone, please call Mark at (812) 486-8927.


Information
Lot # 2
Group - Category Real Estate - Ag / Farm Land
Lead Tract 2: ~13 ac Tillable & Wooded Land in Shoals
Description
+/-13 acres of tillable, wooded, and potential residential land near HWY 50 in Shoals, IN. PARCEL 1: Address: River Cabin Ln, Shoals, In 47581 Parcel #: 51-06-30-200-004.000-002 Legal Description: PT NW NW 30-3-3 3.64AC PARCEL 2: Address: Us Hwy 50, Shoals, In 47581 Parcel #: 51-06-30-100-211.000-002 Legal Description: DAUGHERTY'S ADDITION LOT 233 WEST SHOALS PARCEL 3: Address: Between Us 50 & Capital Ave St, Shoals, In 47581 Parcel #: 51-07-30-100-140.000-002 Legal Description: DAUGHTERY'S PT LOT 236 .17 AC PARCEL 4: Address: Us Hwy 50 W, Shoals, In 47581 Parcel #: 51-06-30-200-023.000-002 Legal Description: DAUGHTERY'S ADD'N LOTS 230 & 231 PART of Parcel 5: Address: W River Rd, Shoals, In 47581 Parcel #: 51-06-19-300-011.003-001 Legal Description: PT SW SW 19-3-4 1.29AC
Name Online REAL ESTATE Auction - Loogootee & Shoals
Auctioneer
Type Online-Only Auction
Date(s) 8/18/2024 - 10/3/2024
Auction Date/Time Info
Thursday, Oct. 3, 2024 ~ 7:30pm ET
Preview Date/Time Call our office at 812-254-2220 to schedule a showing
Checkout Date/Time REAL ESTATE: A $2,000 down payment per tract & the buyer's premium must be paid by the successful bidder by check or Cashiers Check with the acceptance of the purchase agreement. The down payment deposit will be non-refundable and applied to the purchase price. Your bidding is not conditional upon financing, so be sure you have arranged your financing prior to bidding. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title. Possession will be given at closing. Property is offered in "AS IS" condition. All inspections must be made prior to auction closing date. Closing cost will be split between buyer and seller. Final bid is subject to owner's approval
Location
Buyer Premium 3% buyers premium.
Description
Multiple Parcels! Boggs Lake property in Loogootee, IN with all utilities & Riverfront properties with approx. 21 tillable acres in Shoals, IN are being offered in an online auction. Contact our office at 812-254-2220 for more information! Bidding Ends: Thursday, Oct. 3, 2024 ~ With the first lot closing at 7:30pm ET Mark J Graber | Auctioneer / Real Estate Broker | AU19400133 / RB14038047
Real Estate Auction Terms & Conditions: Bids may be placed online at graberauctions.com or by calling Mark at (812) 486-8927 NOTE: Final bid is subject to owner's approval. DOWN PAYMENT: A down payment of $2,000 per tract & the buyer's premium will be required on the day of the auction. The down payment (earnest money) may be made in the form of Check or Certified Cashier's Check, is non-refundable and will be applied to the purchase price at closing. YOU'RE BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing if needed. A pre-approval letter from your lender may be required to bid. ACCEPTANCE OF BID PRICES: The successful bidder will be required to sign a Purchase Agreement upon acceptance of the final bid. (The final bid is subject to the Sellers acceptance or rejection). AS-IS: The property is being offered As-Is, without any contingencies. EVIDENCE OF TITLE: Seller shall provide an Owner's Title Insurance Policy in the amount of the purchase price. DEED: Seller shall provide Warranty Deed(s). SURVEY: If a survey is needed, the cost will be at the buyer's responsibility EXCEPT on the Shoals properties, the survey cost will be split 50/50 between Buyer(s) & Seller(s). CLOSING: The balance of the purchase price is due at closing, which will take place in 45 days after the auction, or as soon thereafter as applicable closing documents are completed by the Seller. Fees for an administered closing shall be shared 50/50 between Buyer(s) and Seller(s). POSSESSION: Possession will be given at closing. REAL ESTATE TAXES: Real Estate taxes shall be prorated to the date of closing. PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries, and due diligence concerning the property. The Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. SURVEY: The cost of the survey, if needed, will be the responsibility of the buyer. DISCLAIMER AND ABSENCE OF WARRANTIES: The property is being sold on an AS IS, WHERE IS basis, and no warranty expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, and inquiries concerning the property. The conduct of the auction and increments of bidding are in the direction of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. Mark J Graber- Auctioneer/Real Estate Broker | AU19400133 / RB14038047
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,900.00 100.00 USD
9,900.01 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium 3% buyers premium.
Payment Terms
A down payment of $2,000 per tract & the buyer's premium must be paid by the successful bidder by check or Cashiers Check with the acceptance of the purchase agreement. The down payment deposit will be non-refundable and applied to the purchase price. Your bidding is not conditional upon financing, so be sure you have arranged your financing prior to bidding. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title. Possession will be given at closing. Property is offered in "AS IS" condition. All inspections must be made prior to auction closing date. Closing cost will be split between buyer and seller. Final bid is subject to owner's approval.
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