No Reserve 12.246 Acre Online Only Auction (Commercial Property)
Listing ID#: 818173
Sale Location |
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S. 52nd St. Richmond, IN 47374 |
Sale Dates and Times |
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Bidding Starts: Monday Oct 6, 9:00 AM Bidding Ends: Monday Nov 3, 1:00 PM |
Sale Type |
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Company Information |
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Schmid Auction & Realty Co. Contact: Trent Schmid Phone: 217-857-1507 Email: sold@schmidauction.com Website: www.schmidauction.com/ EstateSale.com ID#: 8468 View company information and listings |
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Listing Information |
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To bid click on green box view online auction catalog or go to www.bidschmid.com No Reserve 12.246 Acre Online Only Auction (Commercial Property) S. 52nd St. Richmond Indiana 47374 Starts Closing November Mon. 3rd 1:00PM Eastern Time (Indiana Time) 12.246 + or – acres: Zoned OC outdoor commercial and M2 Multi Family Residential. located in Section 1, Wayne County Township, Richmond, IN. Wayne County IL South 52nd St. is access to the property, located just south of Whitewater Ave. When viewing the lot on bidschmid.com click on documents to view uses for OC and M2.
Seller: SI RESOURCES, LLC
Subject to all easements, rights of way, covenants, ordinances, and restrictions of record. More commonly known as: Bare Ground South of Whitewater Avenue and S. 52nd St, Richmond Indiana 47374
Rights: All the Seller’s mineral, oil, and gas rights, if any, will transfer without warranty of title or title evidence. Absolute Auction: Property sells with no reserve. Bidding Method: By the acre. Final purchase price will equal the high bid multiplied by the total acres 12.246 Purchase agreements will reflect the total tract price (not per-acre price). FINAL BID IS MULTIPLIED X 12.246 FOR THE TOTAL TRAT PRICE. Bidding Increments: $25.00 per acre. Extended Bidding: Any bid placed within the final 3 minutes will extend bidding by 3 minutes. Down Payment & Closing: 10% of the total purchase price is due on auction day. The remaining balance is due at closing, approximately 40 days following the auction. Down payment is held in escrow with the title company. Purchase Agreement: Successful bidders must sign purchase agreements on Tues. November 4th person or via DocuSign). Condition: Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only. Announcements: Auction day announcements take precedence over printed materials. Liability: Schmid Auction is not responsible for accidents.
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