MULTI-PROPERTY AUCTION – 2 COMMERCIAL LOTS – 19,890 SF
201 W. DIVISION ST & 200 W. INDIANA ST, EVANSVILLE, IN 47710
MULTI-PROPERTY REAL ESTATE AUCTION
WEDNESDAY, JULY 19, 2017 • 5:30 PM CT
PROPERTY 8: 201 W. DIVISION ST & 200 W. INDIANA ST, EVANSVILLE, IN 47710
William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to QCB Properties LLC #9 Series, located in Pigeon Township, Vanderburgh County, at 201 W. Division St and at 200 W. Indiana St, Evansville, IN 47710
• 201 W. Division St: 16,120 SF
• 200 W. Indiana St: 3,770 SF
• (2) Commercial Lots
• Zoned C-4
• Vacant Corner Lots
AUCTION LOCATION: The auction will take place at the William Wilson Auction & Realty Company Office at 1601 N. First Ave, Evansville, IN 47710 on Wednesday, July 19, 2017 at 5:30 PM CT.
INSPECTION: On-site Thursday, July 13, 12-1:00 PM CT at 201 W. Division St and at 200 W. Indiana St, Evansville, IN 47710
OWNER: QCB Properties LLC #9 Series
All announcements the day of the auction take precedence over printed material or any other oral statements made.
PROCEDURE: The real estate will be offered in (1) tract. There will be open bidding during the auction as determined by the Auctioneer. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. All decisions of the Auctioneer are final.
DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing. The down payment may be in the form of cash, cashier’s check, personal check or corporate check. Bidding is not conditional upon financing. Bidders should arrange for financing, if needed, and be capable of paying cash at closing.
ACCEPTANCE OF BID: Successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The final bid price is subject to the seller’s acceptance or rejection.
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the high bid to determine the contract sale price of each property.
DEED: The seller shall provide to the buyer an owner’s title insurance policy and a sufficient deed for sale of the real estate.
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the presentation of insurable title.
POSSESSION: Possession of real estate shall be delivered to the buyer at closing unless otherwise noted on the property data sheet.
REAL ESTATE TAXES: The real estate taxes will be the responsibility of the buyer beginning with taxes due and payable in November 2017 and thereafter.
ACREAGE: All tract acreages, dimensions, and proposed boundaries outlined on the auction plat and all advertising are approximate and are estimated based on current legal descriptions and/or aerial photos. Purchaser should make his/her own independent determination of acreage prior to bidding.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.
DIRECTIONS TO AUCTION LOCATION – William Wilson Auction & Realty Company Office • 1601 N. First Ave: From Diamond Ave in Evansville, turn south on First Ave and proceed approximately one-half mile. The Auction Company Office is on the east side of First Ave.
DIRECTIONS TO LOTS: From First Ave, turn east onto W. Virginia St then south onto Garfield Ave. 201 W. Division St is at the corner of Garfield Ave and W. Division St; 200 W. Indiana St is at the corner of Garfield Ave and W. Indiana St. Watch for signs.