• Property 1: Commercial Building & Residence on 2 Acres • Property 2: Residential Lot (to be sold Absolute) • Owner Says Sell! - Nice Business/Shop and Investment Property
2 Properties: Nice Business/Shop & Investment Property
Richmond, IN
Owner: Dickenson Homes Inc. Wed, Dec 9, 2009 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Wed., December 2, 4-5 PM &
Mon., December 7, 4-5 PM
PROPERTY LOCATION
Property 1: 1 mi. south of Hwy. 35 and I-70 interchange south on Williamsburg Pike to Rich Rd. then west 1 mi. to property on the right at 2470 Rich Rd. Also 1/2 mi. east of Salisbury and Rich Rd. Property 2: U.S. Hwy. 40 at Salisbury Rd. north to College Corner Rd. then west 100 yds. to property on the south side. Adjoins Swim Club.
AUCTION LOCATION
To be held at Property #1, 2470 Rich Rd., Richmond.
PROPERTY DESCRIPTION
All acreages are approximate.
Property 1: 2470 Rich Rd. 2.071 acres with 40â€TM x 48â€TM commercial building, 4 offices, 2 baths, large storage area. Commercial parking lot. Also 1,361 sq. ft. residence with detached garage. Rented for 1 yr. Residence sold subject to existing lease. Nice wooded lot and commercial lot. Zoned M-2. Suggested opening bid $70,000.
Property 2: 3137 College Corner Rd. Unimproved lot. Est. 320 ft. of frontage on College Corner Rd. Adjoins Swim Club. This property to be sold absolute.
TRACT DESCRIPTIONS
Tract 1: 2.1± ac 2470 Rich Rd. 2.071 acres with 40' x 48' commercial building, 4 offices, 2 baths, large storage area. Commercial parking lot. Also 1,361 sq. ft. residence with detached garage. Rented for 1 yr. Residence sold subject to existing lease. Nice wooded lot and commercial lot. Zoned M-2 Suggested opening bid $70,000.
Tract 2: 3137 College Corner Rd. Unimproved lot. Est. 320 ft. of frontage on College Corner Rd. Adjoins Swim Club. This property to be sold absolute.
AREA MAP
TRACT MAP(S)
AREA MAP(S)
PROCEDURES: The property will be offered in 2 individual properties. There will be open bidding on properties during the auction as determined by the Auctioneer.
DOWNPAYMENT: Real Estate 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash; cashiers check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES: Successful bidder(s) will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. Final bid prices are subject to the Sellerâ€TMs acceptance or rejection. Property #1 will sell to highest bidder.
EVIDENCE OF TITLE: Sellers shall provide an ownerâ€TMs title insurance policy in the amount of the purchase price.
DEED: Sellers shall provide Corporate Deed.
CLOSING: The balance of the real estate purchase price is due at closing, which will take place within 15 days of presentation of title policy estimated 30 days.
POSSESSION: Shall be given on the date of closing subject to residential lease.
REAL ESTATE TAXES: Buyer to pay taxes prorated to date of closing. Property #1 - $2,385.90/yr. and Property #2 â€" Est. $342.50/yr.
ACREAGE: All boundary markings are approximate and have been estimated based on current legal descriptions.
SURVEY: To be sold with current platted description.
EASEMENTS: Sale of the property is subject to any and all easements of record.
AGENCY: Schrader Real Estate and Auction Company, Inc. 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 outlined in the Purchase Agreement. The property is being sold on â€oeAS 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 the personâ€TMs credentials, fitness, etc. All decision of the Auctioneer is final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AUCTION COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.
None at this time
