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BURGESS AUCTIONS PRESENTS The Parker Avenue Property Auction Catalog Saturday, July 12, 2025 10:00
Listing ID#: 790245
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Indianapolis, IN 46220 |
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Saturday Jul 12, 2025 Completed |
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  Live with Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Burgess Auctions LLC Contact: Zack Burgess Phone: 317-508-5973 Email: zack@burgessauctions.com Website: www.burgessauctions.com EstateSale.com ID#: 8995 View company information and listings |
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| Listing Terms and Conditions |
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REAL ESTATE AUCTION TERMS AND CONDITIONS
Property: 5841 Parker Avenue, Indianapolis, IN 46220 Auction Date & Time: Saturday, July 12, 2025 at 10:00 AM (EST) Seller: The Chervyl Lesher Guardianship ________________________________________ 1. Bidder Registration: All prospective bidders must register and provide valid identification prior to bidding. 2. Property Description: Brick ranch-style home with 3 bedrooms, 1.5 bathrooms, a full basement, and attached garage situated on a large lot in Washington Township, Marion County. 3. Opening Bid: The auction will open with a minimum bid of $150,000. 4. Deposit: A $25,000 non-refundable deposit is required from the successful bidder on auction day. 5. Buyer’s Premium: A 10% buyer’s premium will be added to the final bid to determine the total purchase price. 6. Payment Terms: The balance of the purchase price is due by bank wire at closing, to occur within thirty (30) days of the auction. Payment shall be made payable to Fidelity National Title. 7. Possession: Possession shall be granted at closing. 8. Taxes: The Seller will pay taxes due and payable through the May 2025 installment. Buyer shall pay all taxes due thereafter. 9. Title & Deed: Seller will provide a General Warranty Deed and title insurance through Fidelity National Title. 10. Closing Costs: Seller shall pay standard closing costs typically paid by a seller in Marion County. Buyer is responsible for any lender-related fees or additional title endorsements. 11. Condition of Property: The property is being sold "as-is, where-is" with no warranties expressed or implied. No contingencies for inspections or financing. 12. Disclosures: There are no known material defects or disclosures at this time. 13. Auctioneer Agency Disclosure: Burgess Auctions LLC and its representatives are acting exclusively as agents for the Seller. 14. Right to Accept/Reject Bids: The Seller reserves the right to accept or reject any and all bids. 15. Governing Law: The auction and any resulting sale shall be governed by the laws of the State of Indiana. 16. Bidding Platform: Pre-bidding and live online bidding will be offered at www.burgessauctions.com in addition to live, on-site bidding. ________________________________________ By participating in this auction, all bidders agree to these terms and conditions. Presented by: Burgess Auctions LLC Zack Burgess, CAI • IN AU19600029 765-445-7814 • sold@burgessauctions.com www.burgessauctions.com |
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3BR/1.5BA Brick Ranch on 0.54 AcresCOURT-APPROVED GUARDIANSHIP REAL ESTATE SALE PROPERTY OVERVIEWDon't miss this incredible opportunity to own a well-maintained brick ranch home in the highly sought-after Brockton neighborhood of Washington Township. This classic 3-bedroom, 1.5-bathroom residence sits on a generous 0.54-acre lot and offers tremendous potential for investors, flippers, or families seeking their next home. DETAILED DESCRIPTIONMAIN LEVEL FEATURES:
LOWER LEVEL:
EXTERIOR FEATURES:
LOCATION ADVANTAGESNEIGHBORHOOD: Located in the desirable Brockton subdivision of Washington Township, known for its established homes, tree-lined streets, and strong sense of community. SCHOOLS: Indianapolis Public School District with access to quality educational options. CONVENIENCE: Minutes from top-rated dining, shopping, and entertainment venues. Easy access to major highways for commuting throughout the Indianapolis metropolitan area. AREA AMENITIES:
INVESTMENT POTENTIALThis property represents an excellent opportunity for: INVESTORS: Prime rental property in established neighborhood with strong rental demand FLIPPERS: Solid foundation with cosmetic improvement opportunities to create instant equity HOMEOWNERS: Move-in ready home with potential to customize and expand DEVELOPERS: Large lot size offers possibilities for future development or expansion PROPERTY CONDITIONSOLD AS-IS, WHERE-IS: Property is being sold in its current condition without warranties or guarantees. Buyers are encouraged to inspect during scheduled viewing times. STRUCTURAL: Solid brick construction with good bones and strong foundation SYSTEMS: Property includes standard utilities - electric, gas, water, and sewer connections MAINTENANCE: Well-maintained exterior with established landscaping KEY SELLING POINTS✓ Prime Location: Washington Township's desirable Brockton neighborhood TECHNICAL SPECIFICATIONSTotal Square Footage: 2,668 sq ft (1,334 main level + 1,334 basement) FINANCIAL INFORMATIONAssessed Value: $150,000 (Marion County Assessor) AUCTION DETAILSSALE TYPE: Seller's Confirmation LEGAL NOTICEThis sale is conducted under Marion County Probate Court supervision as part of the Chervyl Lasher Guardianship proceedings. The court-appointed guardian has been granted authority to sell this real estate through public auction. All documentation has been court-approved and the sale is legally authorized under Indiana Guardianship statutes. VIEWING SCHEDULEOpen House Opportunities:
Property is accessible during scheduled times only. Please bring appropriate identification and exercise caution during inspection. TERMS: $25,000 down payment due immediately upon successful bid (certified funds required). 10% buyer's premium applies. Balance due at closing. All sales subject to court confirmation. Complete terms and conditions available at auction. REGISTRATION: All bidders must register with valid ID and proof of financial capability before auction begins. This property offers the perfect combination of location, potential, and value. Whether you're an experienced investor, first-time flipper, or family seeking your next home, 5841 N Parker Avenue represents an exceptional opportunity in one of Indianapolis's most desirable areas. Mark your calendar - this is one auction you won't want to miss! |
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