Lot # : 1 - 526 E Market Street South Whitley, IN

Online Only Auction
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South Whitley, IN 46787
Date(s)
10/6/2024 - 10/29/2024
AUCTIONEER INFORMATION
Catalog
Bidding Notice:

Online Only Apartment Complex Auction

Information
Lot # 1
Group - Category Real Estate - Residential
Lead 526 E Market Street South Whitley, IN
Description
526 E Market Street South Whitley, IN 46787 Whitley County 4 Duplex Buildings, 8 Units, 2 Bedroom 1 Bath Units, Electric Baseboard Heat, Wall AC Units 1,456 SQ. Foot Buildings New Roofs in 2021 Year Built 1990 Income Producing! 100% Rent Capacity .86 Acre Parcel Whitko Community Schools Living Room 15'X13' Kitchen 9'x13' Bedroom 9'x12' Bedroom 12'x12' Bathroom 8'x5' Hallway 5'x6'
Name South Whitley Appartments
Auctioneer
Krueckeberg Auction & Realty
Type Online-Only Auction
Date(s) 10/6/2024 - 10/29/2024
Auction Date/Time Info
Bidding Now Open & Ends Tuesday October 29th 10:00AM EST
Preview Date/Time By Appointment Only
Checkout Date/Time Closing To be 30 days from date of auction, Signing of purchase Agreement at end of auction
Location
526 E Market Street
South Whitley, IN 46787
Buyer Premium See Terms & Conditions
Description
4 Buildings, 8 Units, 2 Bed 1 Bath
Auction Terms & Conditions Real Estate: $20,000.00 nonrefundable down payment due at close of auction, Possession of Real Estate at closing. Closing to be within 30 Days from date of auction, Taxes are prorated to date of closing, Estimated annual taxes $5,204.00 W/O Exemptions. No Survey provided, Monthly rents are prorated to date of closing, Title search, title policy, Closing cost to be split 50/50 between buyer and seller. Not Sold Subject to Inspections, Please have inspections done Prior to day of auction Sold AS/IS WHERE/IS. Seller has 24 hours upon closing of Auction to Accept, Reject or Counter any and all offers. $1,000.00 online administration fee will be charged to the buyer. Not Responsible for accidents. Auctioneers Note: Any statements made day of sale take precedence over all printed matter. Auctioneers License: (AU19800008 AC31500055) Christine Pierce -owner
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 300,000.00 25,000.00 USD
300,000.01 - 399,999.00 10,000.00 USD
399,999.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium See Terms & Conditions
Payment Terms
Closing To be 30 days from date of auction, Signing of purchase Agreement at end of auction
None