•
REAL ESTATE AUCTION
•
2 Commercial Properties
•
SEALED BIDS DUE, Monday, November 24 - NOON
•
Commercial Property with a Prime Location in Sheridan, Indiana
•
Commercial Property with a Prime Location & Development Potential in Anderson, Indiana
2 COMMERCIAL PROPERTY AUCTIONS, SEALED BIDS ONLY
990 S. White Ave., Sheridan, Indiana, Hamilton County & 4917 N. SR 9, Anderson, Indiana, Madison County
Owner: Sheridan Property-Mary A. Lawson, Anderson Property-Reynolds Farm Equipment Inc. Mon, Nov 24, 2014 EASTERNAUCTION IS OVER
TOTAL SOLD: $415,000
| Tract(s): 1 | @ $415,000 |
OPEN HOUSE/INSPECTION DATES
Sheridan, Indiana:
Wednesday, October 22 from 10am - 12noon
Monday, November 17 from 10am - 12noon
Anderson, Indiana:
Wednesday, October 22 from 2pm-4pm
Monday, November 17 from 2pm-4pm
PROPERTY LOCATION
Property Location for Sheridan, Indiana
The Junction of SR38 & SR47 at the east edge of town
5 miles to US 31 & 15 miles to I-65
24 miles to Kokomo
25 miles to Indianapolis
Property Location for Anderson, Indiana
West Side of SR9 at the north side of Anderson.
8 miles to I-69
33 miles to Indianapolis
PROPERTY DESCRIPTION
990 S. White Ave., Sheridan, IN,
Hamilton County
4917 North SR 9, Anderson, IN,
Madison County
AREA MAP
AREA MAP(S)
SEALED BID INSTRUCTIONS & TERMS & CONDITIONS:
Both properties shall sell separately by Sealed Bid Auction. If you wish to bid on both properties, you should order both bidder packets.
Property Information/Bidders Packets have been prepared which provides general instructions and contains basic property information and all forms necessary to submit a sealed bid, including legal description, Offer to Purchase Real Estate By Sealed Bid Auction, title report, plats, and property details. Prospective bidders are advised to review all information available from broker, seller and other sources prior to submitting a bid. Materials provided to bidders are for informational purposes only and may not be relied upon. It is highly recommended and encouraged that each bidder independently verify all information and perform his/her own physical inspection of the property.
TIE BIDS: In the event of tie bids, the Owners reserve the right to request a Best and Final Offer to be submitted not later than 12 Noon, Wednesday, November 26, 2014.
CLOSING: To be cash terms not later than Tuesday, December 30, 2014.
TAXES: To be prorated to the date of closing.
POSSESSION: On day of Closing.
TITLE: Sheridan property: Conveyed by Warranty Deed with Owners Title Insurance. Conveyance of Title shall use the existing legal description as described in Exhibit A of the Preliminary Title Commitment included in your Bidders Packet. Anderson property: Conveyed by Corporate Deed with Owners Title Insurance. A preliminary Title Insurance policy is available in the Bidders Packet.
FINANCING: Bidding is not conditional upon financing.
CONDITION: Broker, Seller, and their respective officers, employees, and agents offer the property in a as-is, where-is condition, with all faults.
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 enclosed Offer to Purchase Real Estate by Sealed Bid Auction provided by the Auction Company in the Bidders Packet and must be received by the Sale Manager: Bill Haworth, 24192 Lacy Rd, Cicero, IN 46034 (phone: 317-445-4246) by 12 noon (Indiana Time) on Monday, November 24, 2014.
Click to download
