Name 5+ Acre | Comm Land | Monroe Cty | Bloomington, IN
Auctioneer United Country Coffey Realty & Auction
Type Online-Only Auction
Date(s) 1/11/2021 - 2/24/2021
Bid now through Wednesday February 24, 2021 at 2:00pm EST (soft close) Property Address: 1246 W. Old Capitol Pike - Bloomington, IN
Preview Date/Time By Appointment Only - The viewing of the property will be at the viewer's own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for accidents.
Checkout Date/Time A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before March 26, 2021.
Location Internet Only Auction
Bloomington, IN 47403
Buyer Premium 11%
Description
5+ Acres | Commercial Land | 1246 W. Old Capitol Pike | Monroe County | Bloomington, IN 5 Acre Commercial Lot in Monroe County, Bloomington, Indiana selling at auction 2/24/2001. Zoned "Pre-Existing Business". High visibility from Hwy 37 with an avg of 24,000 daily traffic count. The property will be sold at Public "Online Only - Internet Auction", ending Wednesday February 24, 2021 at 2:00pm EST (soft close) Seller: WR Bloomington Properties License # AC30200042 | AU01049934
Auction Terms & Conditions The property will be sold at Public "Online Only - Internet Auction", ending Wednesday February 24, 2021 at 2:00pm EST (soft close) The property will be sold subject to seller's confirmation (sells with reserve). Property sells As-Is with no warranties expressed or implied The auction is Subject to prior sale (the property can be purchased prior to the end of the auction) The seller reserves the right to cancel the auction at any time prior to the final bid closing Buyers Premium An 11% buyer's premium will be added to the final bid and charged to the buyer, the final bid plus the 11% Buyer's premium will establish the final sales price. A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before March 26, 2021. A promissory note will be signed along with the down payment. Final closing is NOT contingent upon financing. The property will be conveyed by a Warranty Deed The seller agrees to furnish buyer(s) with an owner's policy of Title Insurance Policy at closing. Real Estate Taxes: the taxes will be prorated to the day of closing. Sellers reserves the right to transfer property via a 1031 exchange using a qualified intermediary. Closing: Closing shall take place at the office of: John Bethell Title Co. 2626 S Walnut St. Bloomington, IN 47401 Closing fee will be paid by the buyer. Closing will be held on or before March 26, 2021 Possession will be granted at final closing. The successful Bidder shall execute an "Auction Real Estate Sales Contract" for the property immediately after being declared the Successful Bidder by the Auctioneer. Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property. Further; Property sells as-is with no warranties expressed or implied JDC Group, INC dba United Country Coffey Realty & Auction. and their representatives are exclusive agents of the Seller. All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material. All information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on ad are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information. SALE SITE: Internet Only VIEWING INSTRUCTIONS: By Appointment The viewing of the property will be at the viewer's own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for accidents. For questions call or text Jimmie Dean Coffey or Cody Coffey at United Country Coffey Realty & Auction (812) 822-3200 office (812) 360-6005 Jimmie Dean's cell or (812) 360-8383 Cody's cell. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 80,000.00 5,000.00 USD
80,000.01 - 110,000.00 2,500.00 USD
110,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 11%
Payment Terms
A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before March 26, 2021.
A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before March 26, 2021.