Name | Kathryn (Farthing) Pierce "ABSOLUTE" REAL ESTATE AUCTION |
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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
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Bid Amount | Bid Increment |
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0.00 - 9,999,999.99 | 250.00 USD |
Currency | USD |
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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.) .
|