LANESVILLE 5+ ACRES & HOME REAL ESTATE AUCTION
I-64 VISIBILITY - VACANT LAND - BRICK RANCH
1978 BRICH RANCH - 1800+ SF-3BR/2BA
COMMERCIAL -POTENTIAL DEVELOPMENT
ONLINE - BIDDING ENDS JAN 20 4PM
ADDRESS: 4229 Wismann Rd NE Corydon, IN 47112
LOCATION: NW corner of the I-64 Exit #113 Lanesville Interchange!
REAL ESTATE: PRIME LOCATION WITH NUMEROUS POSSIBILITIES!!!!! This property features 5 + acres situated along I-64 off the Lanesville Exit #113. Includes a 1978-built brick ranch home with 3000+ finished SF with plenty of space and a finished walkout basement. Highly visible area near the Lanesville interchange and Amazon facility. Don’t miss the opportunity for this versatile property with lots of potential!!!
LAND DETAILS: 5.119 +/- acres with 325’ +/- of I-64 road frontage, currently zoned PEC, and includes road frontage on Wismann Rd.
HOUSE DETAILS: Interior features: 1832 +/- SF on main floor, 1288 +/- SF finished walk-out basement, 3BR/2BA, appliances (refrigerator, range/oven, microwave, dishwasher, & washer/dryer), modern sunroom, hard wood floors, brick fireplace with Fisher insert, walk-in safety bathtub, kitchen area in basement with own stove/range. Exterior features: concrete patio area, wood deck on back of house (needs repair), & asphalt shingled roof. NOTE: due to storm damage-house needs new roof, some vinyl siding & trim replaced. House in need of updates but immediate possession available!
HOUSE MECHANICALS: Lennox LP forced air furnace; central A/C; electric water heater; 500-gallon LP tank (leased); Culligan water softener; septic system; & wood burning stove.
OUT BUILDING/FENCE INFO: Includes a 24’x32’ metal sided garage/shop with concrete & electric; small livestock loafing shed; livestock fencing on north side; & small fenced area for pets.
INSPECTION/OPEN HOUSE: Mon Jan 12 2-4 PM
BROKER PARTICIPATION: A two percent commission is available to properly registered Real Estate Brokers/Agents. You must pre-register your Buyers with Beckort Auctions, LLC twenty-four (24) hours before the end of the auction by filling out and recording with Beckort Auctions a Broker Registration Form. Please review the Broker Registration form under the Documents section for eligibility.
UTILITY PROVIDERS: Electric-Harrison REMC; Water-Ramsey Water Co; Internet; Mainstream available
ACCESS/EASEMENT INFO: Property is located on a private road, and is subject to an access easement and general right of way for use by other property owners along the road. The road is maintained by the property owners, having gravel hauled as needed and sharing in the expense.
SCHOOLS: Lanesville School Corporation
ZONING REGULATIONS: This is zoned a PEC district; it can be used commercially if it follows all guidelines for PEC zoning. Private drive to access properties would have to be revised to meet county road specifications for commercial use approval. Parcel 2 is a non-conforming lot and can be used for a residential building lot if it follows guidelines for non-conforming lot in the PEC district (See document section for more information).
APPRAISAL INFO: See document section for most recent appraisal
POSSESSION/CLOSING INFO: Possession at closing; buyer to pay all title/closing fees except deed prep.
TAXES: Franklin township; Parcel 1-$594.98 per semi-annual installment; Parcel 2-$125.78 per semi-annual installment. Current taxes include seller’s current tax deductions, if any.
PARCEL NO: Parcel 1 - 31-11-07-300-018.000-005; Parcel 2 - 31-11-07-300-014.000-005
LEGAL DESCRIPTION: Parcel 1-PT SW1/4 7-3-5 1.0 AC; Parcel 2-003-00700-00 PT SW1/4 7-3-5 4.119 AC, EXCEPT ROAD EASEMENT
DIRECTIONS: From I-64 Exit #113, turn north on Crandall-Lanesville Rd NE, left (west) onto Crandall-Lanesville Rd NE, then left (south) onto Wismann Rd NE to site.
ESTATE ATTORNEY: M. Adam Burkhardt
OWNER: Estate of Norma Jean Pate-Baird
PLEASE READ AND REVIEW THE TERMS THOROUGHLY PRIOR TO BIDDING.
IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS, PLEASE DO NOT BID. BY BIDDING ON THIS AUCTION, BUYER AGREES TO ALL TERMS AND CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE ITEMS(S) UNDER THE FOLLOWING TERMS AND CONDITIONS:
1. Conditions of Sale: This online only auction is selling subject to owner’s confirmation and is not contingent on or subject to financing, appraisal, survey, or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Agreement to Purchase Real Estate. Buyer acknowledges they are buying property “as-is”, “where-is”, without inspections or contingencies. Buyer(s) will rely on his/her own judgment and inspection. By signing an offer, Buyer(s) will be waiving the 10-day lead based paint test.
2. Closing Info: A Buyer’s Premium of 10% is added to the high bid. Please take this into consideration when bidding. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Beckort Auctions, LLC within twenty-four (24) hours of the completion of the auction along with 10% deposit of the total contract price. The entirety of the remaining balance is due at closing on or before Thirty (30) days from Auction Day. Purchaser will be responsible for all wire transfers. Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Buyer(s) shall pay all costs of closing with exception of deed preparation paid by Seller. Possession shall be given to the successful Buyer(s) at closing.
3. Lead Based Paint Disclosure: Buyers of any interest in residential real property with a residential dwelling built prior to 1978 are notified that such property may present exposure to lead from lead-based paint. The Seller(s) of such property is required to provide the Buyer(s) with any information on lead-based paint hazards from risk assessments or inspections while in the Seller(s) possession and notify the Buyer(s) of any unknown lead-based paint hazards. Any inspections and assessments for the presence of lead-based paint and/or hazards by a buyer(s) must be made prior to auction; otherwise, buyer(s) waives the 10-day opportunity to conduct such risk assessment/inspection and shall acknowledge receipt of lead-based paint disclosure form.
4. Liquidated Damages: Successful Bidders not executing and returning their Contract with Earnest Money deposit within Forty Eight (48) hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could additionally be liable for any and all costs incurred by Seller and Beckort Auctions, LLC incurred in a subsequent resale of the property. If such action occurs, Beckort Auctions LLC hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost and additional cost of auction as not defined in this agreement. These liquidated damages do not restrict the seller from suing the buyer for performance damages and/or any additional damages the seller suffers by the default of the buyer.
5. Other Conditions: Buyer(s) must be prepared to make a cash offer. There are no contingencies to this sale (i.e., financing, appraisal, repairs, or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. This property is being sold for cash “as-is, where-is” with a closing deadline.
Beckort Auctions, LLC reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Beckort Auctions LLC will reject the registration, and bidding activity will be terminated.
All Beckort Auctions, LLC Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example: If an auction scheduled to end at 6:00 p.m. receives a bid at 5:59 p.m., the close time of the auction automatically extends to 6:10 p.m. The auto-extend feature remains active until no further bids are received within the 10 minute time frame.
6. Real Estate Brokerage Services Disclosure: Beckort Auctions LLC and their representatives are Exclusive Agents of the Seller(s). We do not represent the buyer(s) in any manner and we must be completely loyal and faithful to our client. Beckort Auctions LLC has an exclusive right to sell listing for this transaction. All negotiations must be conducted through Beckort Auctions LLC.
A two percent (2%) bid price commission, not to include any buyer’s premium if applicable, is available to properly registered Brokers/Agents. You must pre-register your Buyers with Beckort Auctions, LLC twenty-four (24) hours before the end of the auction by filling out and recording with Beckort Auctions a Broker Registration Form. Agents who fail to pre-register their Buyer will not be recognized as Buyer Agents and will not be entitled to a co-op commission. Broker/Agent cannot act as a Buyer and Broker/Agent on the same transaction. Please review the Broker Registration form for eligibility.
7. Beckort Auctions LLC Involvement in this Contract: The seller and buyer hereby agree that Beckort Auctions LLC is a part of this contract and shall receive compensation as stated in the agreement hereto or as stated in the listing agreement hereby made a part of.
8. Restrictions: Real Estate is sold subject to any and all existing matter of record, and all easements, building use or zoning laws and regulations. Taxes and assessments will be pro-rated to the closing date.
9. Additional Auction Information: All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the seller or the auctioneers. Personal on-site inspection of all property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, or any other information that can be obtained as public record in the appropriate county court house concerning subject properties.
10. Bidder Verification: Bidding rights are provisional, and if identity verification is questionable, Beckort Auctions has the right to reject the registration, and bidding activity will be terminated. The Seller and Beckort Auctions reserve the right to preclude any person from bidding if there is any question as to the person’s credential as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.
11. Technical Issues: In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Beckort Auctions, LLC reserves the right to extend bidding, continue the bidding or close the bidding. Neither the company providing the software, nor Beckort Auctions, LLC, shall be held responsible for the failure of the software to function properly for any reason.
YOUR BID ON THIS AUCTION INDICATES BOTH AN UNDERSTANDING AND AN ACCEPTANCE OF THE TERMS OF THIS CONTRACTUAL AGREEMENT BETWEEN YOURSELF AND BOTH THE SELLER AND BECKORT AUCTIONS AND THAT YOU, AS THE BIDDER, ARE PREPARED TO PURCHASE THE PROPERTY UNDER THE TERMS AND CONDITIONS OF THIS AUCTION.
REVISED 02/12/2019
BECKORT AUCTIONS, LLC - 1743 HIGHWAY 135 SW - CORYDON, IN 47112 - 812-738-9476 - WWW.BECKORTAUCTIONS.COM