WE WELCOME INTERNATIONAL BIDDERS!!!
PLEASE EMAIL OR CALL US AND WE CAN GET YOU ON THE BIDDING LIST!!
ABSOLUTE AUCTION
ABSOLUTE DUPLEX! SELLS to TOP BIDDER- REGARDLESS of PRICE- with NO RESERVE of any kind and a Starting Bid of One Penny!
Mrs. Chapin Has Moved to a Nursing Facility and the Power of Attorney is Forced to Sell Her 2 Unit Victorian Duplex Real Estate Property to the Top Bidder-Regardless of Price! Mrs. Chapin Lived in the Ground Floor 2 BR Owner's Apt. and Leased the Upstairs 3 BR Unit for Extra Retirement Income! Needs Some TLC but Features over 2,600 Square Feet, Upgraded Replacement Windows, Upgraded 100 Amp Service, Upgraded Roof, as well as Soffit and Window Trim Wrapping.
MARION, INDIANA
LOOK AT RECENT ANNOUNCEMENT (OCT. 20, 2009) OF GENERAL MOTORS EXPANSION IN MARION INDIANA OF $364MILLION DOLLARS BRINGING ADDITIONAL 230 MANUFACTURING JOBS!
http://www.areadevelopment.com/newsItems/10-20-2009/indiana-general-motors-expanding-plant.shtml
OPEN HOUSE: SUNDAY NOVEMBER 8, 2009 from 3-4PM
DESCRIPTION: This is an Excellent Chance to purchase a long held family Victorian Home with many recent upgrades and SOLD TO THE HIGHEST BIDDER REGARDLESS OF PRICE. This 2-Story Home is available on the market for the first time in decades as the Owner, Mrs. Chapin was recently relocated to a Nursing Home Facility. Mrs. Chapin had contracted a replacement roof, replacement windows and had the soffits and window trims wrapped to stabilize water damage that is evident in a couple of our images. The amount of money spent on this home was in the Thousands of Dollars with the windows being custom ordered due to their size. You can see by the images that the stickers are still in several of the replaced windows.
The day we imaged the home, it was rainy and cold, but the boiler in the home was functioning and we found the home to be ready for a new owner to finish this beautiful Victorian. At some point an enclosed front porch was put on the front of the home as you can see in our images. The downstairs features 2 Bedrooms, a Large Formal Dining Room with Built-In China Cabinet, Large Living Room, Kitchen and Breakfast Nook-Den Area. The Upstairs features 3 Bedrooms with a Large Living Room, Kitchen and Enclosed Rear Sun Porch. Both Upper and Lower Levels have a full bathroom.
There has been an exterior Stairway built to the top level of the home as well as a second side door entrance and stairwell to that level. The Yard is enclosed with a privacy fence and there is a detached 2-Car Garage in need of complete repair or replacement.
We at Mark Volk Realty & Auction have been contracted to sell Ms. Chapin's Home using our Absolute Auction Format which means this Duplex Conversion Victorian Home will SELL TO THE HIGHEST BIDDER REGARDLESS OF PRICE.
We will be hosting an inspection time on Sunday November 8, 2009 from 3-4pm and welcome a personal visit from you or your representative. Call Mark Today @ 765-378-5800 and investigate this tremendous opportunity to own a Victorian Home with much of the expensive renovations completed and well on its way to becoming a showplace and/or quality income producer for its new owner.
Terms of Sale:
Buyer(s) will sign an offer to purchase and related sales disclosures and make a $3,000. deposit (non-refundable) due immediately (24 Hours MAX) after auction with the balance due within 30 days after end of auction. We will accept PAYPAL for the deposit only!!
• This dupex will be sold in “as-is” condition with any and all faults. No warranties or guaranties are given or implied by Edrop-Auction, Mark Volk Realty & Auction or Sellers.
• Sellers will provide clear title with an owners title insurance policy and will pay the property taxes in full through the 2008 B due 2009 B Fall installment—Buyer(s) pay thereafter
The closing costs on this transaction will be approximately $2,750. which includes related recording and closing fees (Approx. $250.) and a $2,500. local services/doc fee payable to Mark Volk Realty & Auction. The closing will be conducted by the prominent Indiana Title Company of Rowland Title Company (765) 644-0611.
• This is a cash or it's equivalent sale. The purchase agreement is not subject to or contingent upon financing.
• Deposit is non-refundable and will be forfeited as liquidated damages if transaction is not completed by purchaser.
AREA NEWS:
General Motors Expansion to add 230 Jobs announced October 20, 2009
http://www.areadevelopment.com/newsItems/10-20-2009/indiana-general-motors-expanding-plant.shtml
Marion Indiana Website
http://www.marionindiana.us/home.cfm?show=on
Grant County Indiana Chronicle Tribune
http://www.chronicle-tribune.com/
SPECIAL NOTE:
IF YOU HAVE 5 or LESS FEEDBACKS ON EBAY or An INTERNATIONAL BIDDER, YOU MUST EMAIL or CALL 765-378-5800 TO REGISTER PRIOR TO BIDDING. WE RESERVE THE RIGHT TO CANCEL BIDS AT OUR DISCRETION.
AUCTIONEERS NOTE:
Do Not Miss This Incredible Investment Opportunity- That Sells Absolute to the Top Bidder--A TRUE AUCTION!
PROPERTY ADDRESS & DIRECTIONS:
115 and 115 1/2 S. Race Street, Marion, IN 46952
Directions: From Interstate 69 exit west on Exit 64 (Indiana State Road 18 Montpelier). Proceed West on Indiana State Road 18 for 6.1 miles to S. Nebraska Street and turn Right..proceed .1 miles to West 1st Street and Turn Left..proceed 1 Block to Race Street and turn back Left Again. Subject Property is approximately 1/2 block on your left...look for our Large Auction Sign.
AUCTION DATES & INSPECTION:
Internet Bidding Starts Friday, October 30th, 2009 and Ends Monday, November 9th, 2009 @ approx. 3:30PM EST
Inspection: Sunday, November 8, 2009 from 3-4pm.
IMPORTANT INFORMATION:
PLEASE READ ALL, THANK YOU!
Serious bidders only! You are bidding on the full purchase price for this real estate! THIS SALE is a cash deal or its’ equivalent only!
See “Terms of Sale” above.
FEATURES:
** Duplex Investment Property
** Upgraded Vinyl Replacement Windows
** Asphalt Shingled Roof
** Separate Breaker Electric
** Common Gas Hot Water Boiler Heating
** Enclosed Porches for Both Apartments
** Privacy Fencing with Alley Access
** City Utilities
** City Sidewalks
** Old Garage that Needs Repair or Razed
** (2) 30 Gallon Gas Hot Water Heater (1-Disconnected)
** ASSESSED VALUE: $49,800 (as Indiana Grant County Assessor)
** ROOM COUNT:
Downstairs Apartment (115 S. Race St.)
** 8 X 12 Enclosed Porch
** 15 X 19 Living Room
** 13.5 X 12 Front Bedroom
** 15 X 12 Bedroom #2
** 21 X 13.6 Dining Room
** 18 X 8 Kitchen/Den Combo
** Full Bath with Laundry Hook-ups
Upstairs Apartment (115 1/2 S. Race St.)
** 13.5 X 12 Enclosed Porch
** 7 X 11.6 Kitchen
** 3 Bedrooms (11 X 11, 15 X 12 and 13 X 12) w/ Hardwood Floors
** 19 X 15 Living Room (Hardwood Flooring)
** Full Bath with Tub
LEGAL INFORMATION:
Tax ID: 27-07-06-204-228.000-002
Legal Description: White's 7th Addition Lot 97
Lot Size: 66ft X 132ft (.20 Acres +/-)
Square Footage: 2,648 Square Feet (1,324 Sf Each Level) as per Grant County Assessor
Age: 1920
Annual Tax: $9.68 (08due09)
Exemptions: Homestead and Over 65 ($49,3320
NOTE: Real Estate is Currently Assessed at $49,800 +/-
* Township: Marion-Center
* County: Grant
* City: Marion
* State: Indiana
School Corporation: Anderson Community Schools
CONTACT INFORMATION:
Mark Volk 765-378-5800
MarkVolk@yahoo.com www.markvolk.com
If you have any questions and cannot find the answers in our description, please feel free to call the agent listed above or email us your question. Please understand that by bidding you are entering into a legal binding contract to purchase this Real Estate…
DUE DILIGENCE:
ALL BIDDERS ARE ENCOURAGED TO INVESTIGATE THIS PROPERTY For Suitability Prior to Placing A Bid
What is due diligence?
Due diligence is the effort a party makes to avoid harm to another party. Quite often a party in a contract may be obligated to provide due diligence.
Due diligence report is often prepared to discover all risks and implications regarding a decision to be made.
In Plain English Due Diligence means
DO YOUR HOMEWORK BEFORE YOU BID
The sale of real estate is very complex and we strive to provide enough information for a bidder to conduct due diligence or research on a property.
The auctioneer cannot assume anything about your understanding, we offer the property, we take the bids, we collect bid deposits and payments.
There are thousands of resources to show you what information you need to place a bid.
A Buyers unique circumstances create a 'bid strategy' or amount you are willing to bid.
Remember ALL SALES ARE FINAL BY PLACING A BID YOU ARE ENTERING INTO A LEGAL CONTRACT TO PURCHASE REAL ESTATE.
If you do not understand, please do not bid.
Bidders are encouraged to conduct due diligence or do your homework, inspect the property, area, etc. prior to placing a bid.
Auctions properties are sold AS IS WHERE IS WITH ALL FAULTS! This means what you see (and don't see) is what you get.
Auctions are not a nit-picking brokered sale where you "offer" to pay a certain price, *IF* the seller does this or that.
If you do not understand please contact a Buyers Agent or your local realtor.
BE SURE TO READ THE AUCTION PAGE BEFORE BIDDING!
Please call Mark Volk, C.A.I. at Mark Volk Realty & Auction with any questions you have at (765) 378-5800 and I will be happy to speak with you! Please do your due diligence and homework before bidding!
If you are a bidder of this Real Estate Offering, You have agreed to all terms within this listing. By bidding, you are agreeing to all terms and that you have done your “Due Diligence” by either inspecting the property, had the property inspected by a third party on your behalf, or waiving your right to inspect the property. All Real Estate Offerings are sold AS IS and not contingent on inspections, financing, or other. In the event of non-payment by a winning bidder within the terms set forth in the listing, we will file an eBay claim (which puts the user in direct violation of eBay’s User Terms), as well as civil action to include all damages associated with the sale of this property including the full purchase price, plus all advertising, sales commissions, doc fees, court costs, and legal fees with Jurisdiction set in Madison County, Indiana. A winning bid on a Real Estate Offering here on eBay is a guarantee by the buyer to complete the transaction as per terms listed in the description. Any dispute arising from the sale of this Real Estate Offering will have a set Jurisdiction in Madison County, Indiana.
The Mark Volk Realty & Auction Company has on staff a Certified Auctioneer, Real Estate Broker and Experienced Independent Appraisers.
Our Mission is to obtain a top dollar price for your real estate or business with the least inconvenience and quickest turnaround.
We offer expert imaging and auction services as well as a professional transaction for both the purchaser and the seller.
WE ARE SELLING REAL ESTATE HERE ON EBAY
WE ARE INNOVATORS
IN NO-NONSENSE INTERNET REAL ESTATE INVESTMENTS AND BUSINESS BROKERAGE
See Our Other Offerings: eDrop-Real Estate!
See Our "About Me" Page: eDrop-Auction Page
"PACKAGE" Investors-Looking for Multiple Investment Opportunities?
Let eDrop Help you COMBINE Offerings and MAXIMIZE Your Investment Return!
eDrop-Auction Company and Partner Mark Volk Realty & Auction Company are Auctioneers. We say this because Mark Volk Realty & Auction Company has conducted over 1250 traditional auctions as well as sold 100’s of Homes, Commercial Property and Business Brokerage. In early 2006, to meet an ever changing auction market, our auction business partnered with Perry Knox, eBay Seller and eDrop-Auction Company was began. Edrop Auction Company accepts consignments weekly at the Rax Restaurant, 11th and Main Streets in beautiful historic downtown Anderson, Indiana. Consignments are accepted on Wednesday Evenings from 6:00PM – 8:00PM. Because Edrop-Auction Company is a Consignment Auction Company, we strive to describe each item to the best of our ability and knowledge. If you have questions, please email us for quick response. All Content of this ad (including images) is solely owned and the copyrighted property of eDrop-Auction Company and Mark Volk Realty and Auction. Reuse is strictly forbidden without written permission of Mark Volk Realty and Auction Company.
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