Brotherton Real Estate Properties Auction
Brotherton Real Estate Properties Auction
Wagner Auctioneering and Real Estate | Muncie, IN 47302
Date(s) :  7/14/2021 - 8/5/2021
Buyer Premium :  NONE


No internet bidding
LIVE
THREE INVESTMENT PROPERTIES: FIRST PROPERTY: Address: 3221 S. Brotherton Street Muncie, IN 47302 Auction Remarks: Here you will find a 3-bedroom, 1-bathroom home on a large lot with a fenced in backyard. The home features a 1-car attached garage and 2-newer gas furnace and water heater. Also includes updated replacement windows throughout and a carport. This home will sell along with the homes located at 3225 S. Brotherton Street Muncie, IN & 3213 S. Brotherton Street Muncie, IN at live auction on August 5th @ 6pm. There will be an open house on August 1st from 2-4pm to view and inspect the property. The auction will be conducted on location at 3221 S. Brotherton Street and will sell to the highest bidder. There is a 10% non-refundable earnest money deposit due from the winning bidder on the day of the sale. The seller will pay the fall 2021 tax bill and the buyer will be responsible for paying the spring 2022 tax bill and the taxes due thereafter. 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. The closing fee charged by the title company will be split 50/50 between the buyers and the sellers. The property will sell in AS-IS condition. Bidding is not contingent upon inspection or financing. Closing of this transaction will take place within 35 days of the conclusion of the auction. The seller has the right to accept or reject any and all bids. SECOND PROPERTY: Address: 3225 S. Brotherton Street Muncie, IN 47302 Auction Remarks: Here you will find a 2-bedroom, 1-bathroom home on a large lot with a fenced in backyard. The home features a newer gas furnace and water heater and has a total of 768 square feet of living space. The home also includes a utility shed and a carport. This home will sell along with the homes located at 3225 S. Brotherton Street Muncie, IN & 3213 S. Brotherton Street Muncie, IN at live auction on August 5th @ 6pm. There will be an open house on August 1st from 2-4pm to view and inspect the property. The auction will be conducted on location at 3221 S. Brotherton Street and will sell to the highest bidder. There is a 10% non-refundable earnest money deposit due from the winning bidder on the day of the sale. The seller will pay the fall 2021 tax bill and the buyer will be responsible for paying the spring 2022 tax bill and the taxes due thereafter. 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. The closing fee charged by the title company will be split 50/50 between the buyers and the sellers. The property will sell in AS-IS condition. Bidding is not contingent upon inspection or financing. Closing of this transaction will take place within 35 days of the conclusion of the auction. The seller has the right to accept or reject any and all bids. The home is currently being rented to a great tenant and the current rent per month being charged is $475/month. The buyer of this property will be required to agree in writing to give the tenants at least a 60-day notice before any eviction or raise in the rent price. THIRD PROPERTY: Address: 3213 S. Brotherton Street Muncie, IN 47302 Auction Remarks: Here you will find a 2-bedroom, 1-bathroom home on a large lot with a fenced in backyard. The home features a newer gas furnace and water heater and has a total of 768 square feet of living space. The home also includes a utility shed and and carport. This home will sell along with the homes located at 3225 S. Brotherton Street Muncie, IN & 3213 S. Brotherton Street Muncie, IN at live auction on August 5th @ 6pm. There will be an open house on August 1st from 2-4pm to view and inspect the property. The auction will be conducted on location at 3221 S. Brotherton Street and will sell to the highest bidder. There is a 10% non-refundable earnest money deposit due from the winning bidder on the day of the sale. The seller will pay the fall 2021 tax bill and the buyer will be responsible for paying the spring 2022 tax bill and the taxes due thereafter. 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. The closing fee charged by the title company will be split 50/50 between the buyers and the sellers. The property will sell in AS-IS condition. Bidding is not contingent upon inspection or financing. Closing of this transaction will take place within 35 days of the conclusion of the auction. The seller has the right to accept or reject any and all bids. The home is currently being rented to a great tenant and the current rent per month being charged is $475/month. The buyer of this property will be required to agree in writing to give the tenants at least a 60-day notice before any eviction or raise in the rent price.