Name Kathryn (Farthing) Pierce "ABSOLUTE" REAL ESTATE AUCTION
Auctioneer Jeff Boston Auction Service
Type Online-Only Auction
Date(s) 2/3/2018
Internet Only Auction begins closing on Saturday, February 3rd at 2:00 P.M. EST
Preview Date/Time By appointment only, call Jeff Boston Auction Service, LLC at (812) 382-4440
Checkout Date/Time The successful Buyer(s) will deposit 10% of the purchase price within 48 hrs of acceptance of the offer in the form of cash or approved personal check made payable to Jeff Boston Auction Service, LLC. The Buyer(s) will sign a noncontingent real estate contract with the balance due at closing (If you are financing, you must have your financing pre-approved prior to bidding.).
Location 126 South Section St.
Sullivan, IN 47882
Buyer Premium 0
Description
"ABSOLUTE" ONLINE ONLY REAL ESTATE AUCTION SULLIVAN, IN begins closing SATURDAY, FEBRUARY 3rd @ 2:00 P.M. EST Seller: Kathryn (Farthing) Pierce Guardianship We will sell the following described Real Estate at Online Only Auction to the highest bidder. Real Estate Location: 126 South Section St., Sullivan, IN 47882 NOTE: You are bidding on the REAL ESTATE ONLY ....NOT the personal property! BID NOW on this circa 1920, 2-story, 2518 +/- sq. ft., 9-room home w/ (3) bedrooms, 2 ½ baths, and a partial basement. The lower level features a foyer w/ walk-in closet, dining room, living room, and family room w/ ornate walnut mantled fireplace, kitchen w/ Knotty Pine walls and cabinets, den w/ knotty Pine walls and ceiling, plus 1 ½ baths. There is Oak hardwood flooring throughout the lower level covered by carpet. Leading to the upper level is an ornate Walnut banister staircase. The upper level consists of (3) bedrooms w/ walk-in closets, ample storage space, Oak hardwood flooring, and a full bath. Located in the 250 +/- sq. ft. basement is a NTI gas boiler installed in 2012 firing the vintage radiator heat throughout the home. The electric hot water heater, along with the 200 amp service is also located in the basement. The exterior of the home features aluminum siding, and a wrap-around porch on (2) sides w/ columns. The roof was replaced in 2003 along w/ new guttering. There is a concrete driveway leading to a detached concrete block 20’x20’ (2) car garage with a good sized yard behind the garage. This property has city gas, water, sewage, trash removal and recycling, and is zoned commercial. LEGAL DESCRIPTION: PLAT A SE PT Lot 37 and OT 70S PT Lot 112 TAXES: Real Estate Property Taxes were $428.50 each installment. The 2018 pay 2019 Real Estate Property Taxes will be pro-rated to the day of closing based on the most current information, and credited to the Buyer at the time of closing. POSSESSION: Possession @ closing. TERMS OF SALE: The successful Buyer(s) will deposit 10% of the purchase price within 48 hrs of acceptance of the offer in the form of cash or approved personal check made payable to Jeff Boston Auction Service, LLC. The Buyer(s) will sign a non-contingent real estate contract with the balance due at closing (If you are financing, you must have your financing pre-approved prior to bidding.) . The Real Estate will be sold “AS-IS” with no warranty, expressed or implied, but will be free and clear of any liens or encumbrances. This Real Estate will be sold subject to any existing easements or right of ways of record. A Title Insurance Commitment in the amount of the purchase price will be supplied to the Buyer(s) as the proposed insured by the Sellers, and the Sellers shall pay for title search, premium for owner’s policy and cost to correct any title defects. Although the information obtained herein has been derived from sources deemed reliable, all perspective Bidder(s) are urged to do their due diligence in gathering their own information pertaining to this property. Any Statements made by the Auctioneer prior to the sale, takes precedence over any oral or written statements made heretofore. This auction is subject to an auto-extend feature ("a soft close"). If a bid is placed in the final five (5) minutes of the auction, the auction will be automatically extended five (5) minutes from the time the bid was placed. Example: if the auction is scheduled to close at 2:00 and a bid is received at 1:59, the close time will automatically extend to 2:04. The auto-extend feature remains active until no further bids are received within a five (5) minute time frame. NOTES: This property is NOT SUBJECT to sale prior to auction. NO Buyer’s Premium. To schedule an appointment for inspection of the Real Estate, call (812) 382 - 4440. Guardians: Lisa K. Reid, Rebecca S. Cox, James R. Farthing II Jeff Boston Auction Service 5189 W. St. Rd. 154 Sullivan, IN 47882 (812) 382-4440
TERMS OF SALE: The successful Buyer(s) will deposit 10% of the purchase price within 48 hrs of acceptance of the offer in the form of cash or approved personal check made payable to Jeff Boston Auction Service, LLC. The Buyer(s) will sign a non-contingent real estate contract with the balance due at closing (If you are financing, you must have your financing pre-approved prior to bidding.) . The Real Estate will be sold “AS-IS” with no warranty, expressed or implied, but will be free and clear of any liens or encumbrances. This Real Estate will be sold subject to any existing easements or right of ways of record. A Title Insurance Commitment in the amount of the purchase price will be supplied to the Buyer(s) as the proposed insured by the Sellers, and the Sellers shall pay for title search, premium for owner’s policy and cost to correct any title defects. Although the information obtained herein has been derived from sources deemed reliable, all perspective Bidder(s) are urged to do their due diligence in gathering their own information pertaining to this property. Any Statements made by the Auctioneer prior to the sale, takes precedence over any oral or written statements made heretofore. THIS PROPERTY SELLS 'ABSOLUTE' TO THE HIGHEST BIDDER!' BIDDING OPTIONS: (If you do not fully understand the "Bidding Options", please give us a call) OPTION 1: You may place a "Maxium Bid" that you are willing to go and the computer will bid on your behalf at the next highest bid increment. OPTION 2: You may bid yourself at anytime prior to the closing of the auction. This auction is subject to an auto-extend feature ("a soft close"). If a bid is placed in the final five (5) minutes of the auction, the auction will be automatically extended five (5) minutes from the time the bid was placed. Example: if the auction is scheduled to close at 2:00 and a bid is received at 1:59, the close time will automatically extend to 2:04. The auto-extend feature remains active until no further bids are received within a five (5) minute time frame. NOTES: This property is NOT SUBJECT to sale prior to auction. NO Buyer’s Premium. To schedule an appointment for inspection of the Real Estate, call (812) 382 - 4440.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium 0
Payment Terms
The successful Buyer(s) will deposit 10% of the purchase price within 48 hrs of acceptance of the offer in the form of cash or approved personal check made payable to Jeff Boston Auction Service, LLC. The Buyer(s) will sign a noncontingent real estate contract with the balance due at closing (If you are financing, you must have your financing pre-approved prior to bidding.) .