233 S. Main Street Albany, IN 47320 Real Estate Auction
Past Auction
Online-Only Auction
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Bidding Notice:

This is an online internet only real estate auction.

Auction Information
Name 233 S. Main Street Albany, IN 47320 Real Estate Auction
Auctioneer
Type Online-Only Auction
Date(s) 4/29/2024 - 5/14/2024
Auction Date/Time Info
internet only
Preview Date/Time By Appointment
Checkout Date/Time Auction Ends on May 14th @7pm
Location
Buyer Premium No Buyer's Premium
Description
Here is your opportunity to bid on a hidden gem nestled in the heart of Albany, IN! This charming property presents alot of possibilities with this 3-bedroom, 3-bathroom home with 1,538 finished square feet of living space, and a detached two-car garage complete with a quaint workshop area. As you step onto the property, a sense of potential and opportunity awaits you especially with the fenced backyard offering ample space for outdoor activities and relaxation. Whether you envision transforming this space into your dream starter home or maximizing its potential as an investment property, the options are endless. I believe there is potential to have a duplex by utilizing the upstairs living area, this property offers versatility to cater to your specific needs and aspirations. Embrace the opportunity to make this fixer-upper your own, with the freedom to bid your price and unlock the value awaiting within.
HOUSE IS SELLING IN AS-IS CONDITION. NOT CONTIGENT UPON FINANCING OR INSPECTION. CASH BUYERS OR CONVENTIONAL LOAN BUYERS ONLY. A $5,000 down non-refundable earnest money deposit is due from the winning bidder no later than 48-hours after the auction closes with balance and possession due upon closing. Closing of this transaction shall be no later than 35-days after the auction sale and the closing fee charged by the title company will be split 50/50 between both buyer and seller. The buyer is responsible for the taxes due and payable for the Spring of 2025 and thereafter. Seller agrees to furnish good and merchantable title to said real estate or an owner's policy of title insurance for the sale price of the real estate and agrees to deliver a good Warranty Deed. Any costs associated with the provision of title insurance and title search will be at the expense of the seller. The buyer will be responsible for any costs associated with obtaining funds to close the transaction. If a survey is required by the lender that will be at the sole cost of the buyer. The property is selling in AS-IS condition and the seller does have the right to accept or reject any and all bids. Sale of the property is not contingent upon buyer inspection or buyer financing. Possession of the property will be granted on the closing date. Buyer is responsible for conducting their own inspeciton and inquiries on the property. All buyer inspections need to be done prior to the auction date of 05-14-2024. The property is available to be seen anytime leading up to the final day of bidding. @7pm when the online auction bidding ends. Buyer will be contacted immediately following the auction, and will be asked to enter into a purchase agreement. Please call Jerrett D. Flesher (765) 716-8418 with any questions.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 250,000.00 250.00 USD
250,000.01 - 995,000.00 500.00 USD
995,000.01 - 9,999,999.99 2,500.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
The $5,000 down non-refundable earnest money deposit will be due within 48-hours of the auction ending with the rest of the funds due from the buyer on the closing date. A purchase agreement will be signed immediately following the auction. The rest of the funds will be due at closing.
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