Thursday, November 5, 2009 124 SW 10th Street, Richmond, IN 47374 Real Estate sells at 5:30 p.m. Real Estate shown by appointment.
Great starter home or rental investment with close proximity to Earlham College. Insulated windows, 30 gal. water heater, lovely arched entries to rooms.
AUCTION HELD ON SITE: From National Road West (1/3 mi north of Earlham College) turn north on SW 10th street to Auction site: 124 SW 10th Street, Richmond, IN 47374.
PROPERTY INFORMATION
POSSESSION:Day of final closing STYLE:Traditional YEAR BUILT:1928 +/- LOT:40’x124’ EXTERIOR:Vinyl Siding ROOF:Shingle WATER:IN Amer. Water SEWER:Richmond Sanitation APPLIANCES:None included WATER HEAT:Gas HEATING:Natural Gas ELECTRIC:RP&L GAS:Natural Gas TOTAL SQUARE FEET:978 # OF ROOMS:5 # OF BEDROOMS:2 # OF BATHS:1 PORCH:8’X20’ UTILITY:Laundry hook up in basement BASEMENT:Full (unfinished) GARAGE:Detached 14’x18’ COUNTY:Wayne ZONING:Residential LEGAL:Lot 31 Highland Terrace Addition PARCEL#:50-06-210-521.000-29 TAXES:$306.80 annual, Homestead and mortgage exemptions TAX YEAR:2008 SCHOOLS:Wayne County Schools
AUCTION TERMS & PROCEDURES REAL ESTATE AUCTION CONDUCTED THURSDAY, NOVEMBER 5, 2009 AT 5:30 PM
PROCEDURES: 124 Southwest 10th Street, Richmond, Indiana property (Legal: Lot31 Highland Terrace Addition in Wayne County, IN / 40 ft. by 1124 ft. Lot with Improvements thereon and owned by Susan Wilson and Elizabeth Gene Wilson) will be offered at Public Auction to sell as one unit and subject to the Owner’s Confirmation. There will be open bidding as determined by the Auctioneer.
DOWN PAYMENT: 10% Down payment on auction Day with balance due in Cash at Closing. Down Payment may be made in the form of Cash, Cashier’s Check, Personal Check or Corporate Check. Your Bidding is not conditional upon financing, so be sure you have that arranged, if needed, and are capable of paying cash at closing.
TAXES: Said Property (Parcel 50-06-210-521.000-29) is currently $306.80 for the year 2008, payable in 2009, with Homestead and Mortgage exemptions. Buyer(s) will assume taxes in the Spring of 2010 (year 2009) and be responsible for filing their own pertinent exemptions. Seller will have satisfied all previous taxes.
ACCEPTANCE OF BID PRICES: Successful bidder(s) will be required to enter into a purchase agreement and disclosures at the auction site & immediately following the auction. All final bid prices are subject to Sellers’ acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide An Owner’s Title Insurance Policy in the Amount of the Purchase Price.
ZONING: Residential
DEED: Seller shall provide Warranty Deed.
CLOSING: The balance of the Real Estate purchase price is due at Closing to be held within 30 days following Auction – on or before December 5th, 2009. Cost for an administered closing will be shared 50/50 between Buyer (s) and Seller. Buyer(s) pay any closing charges due to Buyer securing a mortgage.
POSSESSION: Possession is given day of final closing.
ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.
EASEMENTS: Sale of property is subject to any and All easements of record.
AGENCY: Abernathy Auction & Real Estate Company and its representatives are exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related Materials are subject to the Terms and Conditions out-lined in the Purchase Agreement. The property is being sold “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. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Sellers or the Auction Company. Conduct of the auction and increments of bidding are at the Direction and discretion of the Auctioneer. The Sellers 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. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ORAL STATEMENTS MADE BY THE AUCTION COMPANY OR OWNER. NOT RESPONSIBLE FOR ACCIDENTS.
Susan and Elizabeth Wilson, Owners
Auctioneer License Information: AU01045728
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