Auction Information
Auctioneer William Wilson Auction-Realty, Inc. 812.682.4000
Auction Date Sep 24 Auction
Location
620 SE 1ST STREET
EVANSVILLE, IN
Time 12:00PM
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Directions:

DIRECTIONS: Located at the corner of Chandler Avenue and SE 1st Street, in the Riverside Historic District. Watch for signs.



 

William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to Robert J Wargel Family Trust, located at 620 SE First St, Evansville, IN  47713.

 

DESCRIPTION:

60’ x 148’ CORNER LOT

4,297 SF

4 BEDROOMS, 4 BATHROOMS

MANY ORIGINAL RESTORATION FEATURES

BEAUTIFUL STAIRWELL, MOULDINGS, AND WOOD FLOORS

CHARMING CARRIAGE HOUSE w/ LOFT

THREE HEATING AND AIR SYSTEMS FOR COMFORT

WROUGHT IRON GREEK KEY FENCE FROM VANDERBURGH COUNTY’S SECOND COURTHOUSE

SLATE WALKS

SCREEN SIDE PORCH FRONTING SHADE GARDENS

RIVERSIDE HISTORIC DISTRICT

 

GARDEN DESCRIPTION: The garden is a unique blend of old world character along with an urban pollinator garden & wildlife sanctuary. Designed to wrap around the corner lot and pull you through the space, the plantings anchor the house on the corner lot and create a sense of privacy and seclusion.  Brick pathways meander through a wonderful mix of plantings including Magnolias, Holly, Azaleas, Hosta, Ferns, and many more flowering plants. The wide planting selections ensure that there is color and interest throughout the year.

 

PROCEDURE: The real estate will be offered in one (1) tract via sealed bid. Sealed bids shall be submitted to the Auction Company Office at 2425 US 41-N, Suite 204, Evansville, IN 47711 by September 24, 2019 at 12 Noon CT.

DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing.  The down payment may be in the form of cash, cashier’s check, personal check or corporate check.  Bidding is not conditional upon financing. Bidders should arrange for financing, if needed, and be capable of paying cash at closing.

OFFER REQUIREMENTS: All offers must be sealed and the name and address of the offering party must appear on the outside front of the envelope. Offers must be in writing on the appropriate Purchase Agreement provided by the Auction Company in the Bidder’s Packet and must be received by WILLIAM WILSON AUCTION REALTY, 2425 US-41 N, SUITE 204, EVANSVIILE, IN 47711 as mentioned above. Bidder may deliver or use overnight delivery service. Bids to be notified within 24 hours.

 

ALL OFFERS MUST BE ACCOMPANIED BY:
(a) Real Estate Purchase Agreement. The Real Estate Purchase Agreement must be properly completed and signed. Bidders should carefully review the Real Estate Purchase Agreement to be used and any exhibits and addenda to the Real Estate Purchase Agreement.
(b) A down payment equal to ten percent (10%) of bid price. Check must be payable to “William Wilson Auction Realty”. The check will be deposited only if bid is accepted. Checks submitted with unaccepted bids will be returned within three (3) days after the bids are rejected.

 

OFFER AND ACCEPTANCE: The seller reserves the right to request a Best and Final Offer. All successful bidders will be required to enter into Purchase Agreements upon acceptance. The Real Estate will sell subject to the Owner’s Approval.

DEED: Seller shall provide a sufficient deed conveying title to the property.

CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the presentation of insurable title.

 

POSSESSION: Possession of real estate shall be delivered to the buyer at closing.

 

REAL ESTATE TAXES: The real estate taxes will be the responsibility of the buyer beginning with taxes due and payable in May 2020 and thereafter.   

 

ACREAGE: All tract acreages, dimensions, and proposed boundaries outlined on the auction plat and all advertising are approximate and are estimated based on current legal descriptions and/or aerial photos.  Purchaser should make his/her own independent determination of acreage prior to bidding.  

SURVEY: If a survey is deemed necessary to establish a new legal description, the cost of the survey will be split 50/50 between Seller and Buyer.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence.  The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.

DIRECTIONS: Located at the corner of Chandler Avenue and SE 1st Street, in the Riverside Historic District. Watch for signs.

 

INSPECTIONS at 620 SE First St, Evansville, IN  47713:

• Thursday, September 12, 5:00-6:00 PM CT

• Sunday, September 15, 2:00-3:00 PM CT

• Monday, September 23, 5:00-6:00 PM CT

 

AUCTIONEER’S NOTE: Located at the corner of Chandler and SE First Street, the 1873 Roach/Gross/Decker House was originally built by by John J. Roach, owner of the firm Roach & Torrian, Wholesale Dealers in Hats, Caps, Straw Goods, and Ladies Furs located at 32 N. First Street (Source: Dennis M. Au, City of Evansville Historic Preservation Officer) Retiring to the home from careers in the Northern Suburbs of Chicago, Mr. and Mrs. Wargel spent years painstakingly restoring the home to much of its original grandeur. You will not want to miss the opportunity to see this historic home and submit your bids.

OWNER: Robert J Wargel Family Trust

See the "Documents" tab for the terms and conditions of the sale, Broker participation form, property detail summary, property cards & reports, tax information, aerials, parcel information & maps, zoning information & maps, additional maps (topography maps, flood zone maps, and traffic count maps), drawings (surveys, proposed plans, and floor plans), easements, miscellaneous documentation, and an auction flyer!

See below the property detail summary table for further information regarding building structure and features.

All announcements the day of the auction take precedence over printed material or any other oral statements made.

View the full auction listing.







Auctioneer License Information: AU19800110

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